Singapore's structured warrants market booms in first half of 2005

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Turnover in Singapore structured warrants reached S$4.2 billion in the first six months of 2005, almost three times the turnover for the whole of 2004. A call warrant on Datacraft was the most actively traded warrant in the first six months of 2005, with a total turnover of more than $151 million.

There are 46 different underlyings in both single-stock and index warrants. The most actively traded underlyings are stocks of Capitaland, Cosco and NOL, which together account for about 30% of the