Singapore Exchange (SGX)

[weijian]

It seems SGX securities clearing revenue can be a gauge for investor sentiment in the market. The higher the revenue due to higher retail participation, the more bullish is Mr Market.

Perhaps SGX securities clearing revenue can act as a bullish/bearish indicator. After all, retailers tend to be the "last ones at the party"

Are retail participation statistics published by SGX on a daily/monthly/quarterly basis? Looking through its most recent AR13, i was only able to find SGX stating that retail participation rosed from 40% to 48% (pg17). The closest inference i can find to retail participation is perhaps the %of block trades (>1.5mil) that is been published in the quarterly reports. Together with DAV (Daily average value), that may give investors a 'feel' of how the retail bullish mood is.