The Singapore Exchange (SGX) is ready to meet the new global regulatory and risk-management standards set by the International Organization of Securities Commissions (Iosco) and the Committee on Payment and Settlement Systems (CPSS).

"SGX will be among the earliest exchanges and clearing houses globally to meet these standards," the exchange said in its quarterly results report released last week. "By doing so, we assure our customers that they can continue to expand their businesses and manage their risks via SGX. As a group, SGX has ample capital and a strong, debt-free balance sheet."

The Singaporean exchange said it has deployed adequate capital in its two clearing houses, the Central Depository (CDP) and Singapore Exchange Derivatives Clearing (SGX-DC), to meet the new regulatory obligations as central counterparties (CCP).

Reporting a net profit of S$76 million ($65m), the SGX's chief executive, Magnus Bocker, said: "Our securities market continued to hold up from the first quarter and daily traded value increased 8% year on year. Our derivatives market achieved a record quarter, with daily average traded volume of 358,532 contracts, following record volumes in our China A50 futures and Japan Nikkei 225 options. Open interest on the SGX derivatives market hit a new high, reflecting SGX's attractiveness as a centre for risk management."

SGX also said it was "taking steps to maintain continuity in our global derivatives activities", in response to other international regulatory changes that are having an impact on its customers in the US and Europe.

"We are seeking formal recognition from the US Commodity Futures Trading Commission [CFTC] for both our derivatives exchange and clearing house. We will similarly be seeking recognition from the European Securities and Markets Authority (Esma) in the second half of the 2013 financial year," it said.

SGX recorded revenues of S$162m ($148m), net profit of S$76m ($65m) and earnings per share (EPS) of 7.1 cents (6.1 cents), with the derivatives segment growing as a share of revenue to 28% from 25%, and increasing 21% to S$45.7m ($41.6m) from S$37.7m ($34.3m).

The daily average traded value for SGX's securities during the quarter was S$1.2bn ($1.1bn), up 8% year on year and down 9% quarter on quarter; its derivatives daily average volume for the quarter was a record 358,532 contracts, up 30% from a year ago (274,757 contracts), and 17% from the previous quarter (306,811 contracts).

Overall futures and options trading recorded a 32% increase to 22.2 million contracts, with trading revenue increasing 23% to S$30.1m ($27.4m) from S$24.6m ($22.4m).

The total stock market capitalisation increased 20% to S$934.5bn ($850.4bn) as of 31 December 2012; and its bond market raised S$39.7bn ($36.1bn) through 90 new bonds.