Singapore Exchange reported its highest quarterly earnings in about seven years, boosted by a strong performance in the fast-growing derivatives business. SGX posted a 28% rise in earnings to $99.3 million, or 9.3 cents a share, for the first quarter ended September, from a year ago. Bloomberg consensus estimates were for earnings of $93.3 million on the back of $219 million in revenue. Operating revenue rose 30% to $219.6 million, following growth in all its businesses apart from issuer services. Securities revenue increased 14% to $55.9 million and accounted for 25% of total revenue while derivatives revenue increased 69% to $90.9 million and accounted for 41% of total revenue. Market data and connectivity revenue increased 12% to $21.6 million while depository services revenue increased 24% to $29.7 million. During the quarter, securities daily average traded value increased 27% to $1.23 billion. Total traded ......