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21st November 2025 | Quarterly Reports

The SGX Global Market Sentiment Report Q4 2025

Today, Acuiti and Singapore Exchange (SGX Group) release the Q4 2025 installment of the SGX Global Market Sentiment Index, a barometer for the global derivatives industry.

The Sentiment Index is based on Acuiti’s quarterly poll of senior derivatives executives across hedge funds, asset managers, proprietary trading firms and the sell-side. The report offers temperature check of market sentiment and the drivers of change across firm types.

The quarters key findings:

  • Business confidence in the global derivatives industry rose in Q4 after two quarters of declining optimism
  • Proprietary trading firms recovered from a drop in confidence last quarter, with the strongest optimism among low-latency and algorithmic firms
  • Sell-side optimism remains high across both clearing and execution

PLUS: Deep dive into how firms are approaching investment in Asia’s derivatives market.

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You can download the full report below.