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ASX LIMITED — Interim / Quarterly Report 2013
Mar 4, 2013
64439_rns_2013-03-04_8a4b268b-4be8-4215-a5cf-5521eee7f69a.pdf
Interim / Quarterly Report
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ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215 Telephone +61 2 9227 0000 www.asx.com.au
5 March 2013
Australian Securities and Investments Commission Mr Oliver Harvey Senior Executive Leader, Financial Market Infrastructure Level 5, 100 Market Street SYDNEY NSW 2000
ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000
ASX Group Monthly Activity Report – February 2013
Attached is a copy of the ASX Group Monthly Activity Report for February 2013.
Amanda J Harkness
Group General Counsel & Company Secretary
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MARKET ANNOUNCEMENT
5 March 2013
ASX Group Monthly Activity Report – February 2013
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 4.5% in February 2013. This performance was stronger than other major markets, including Japan up 3.8%, the UK up 1.3%, the US up 1.1%, Singapore down 0.4%, Germany down 0.4% and Hong Kong down 3.0%.
Volatility measures for the Australian equity market rose in February and approximated long-term averages:
-
Current volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.7% in February, up on the previous month (0.4%).
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Expected future volatility (as measured by the S&P/ASX 200 VIX) rose in February to an average of 14.5 (compared to 11.7 in January).
AUSTRALIAN SECURITIES EXCHANGE
Listings and capital raisings
- In February 2013 total capital raised including scrip-for-scrip totalled $1.2 billion, up 2% on the previous corresponding period (pcp).
| Listings and Capital Raisings | Feb 2013 | Feb 2012 | Feb 2013 | Feb 2012 |
|---|---|---|---|---|
| Month | Month | Financial | Financial | |
| YTD | YTD | |||
| New listed entities admitted | 4 | 8 | 56 | 71 |
| Change on pcp | -50% | -21% | ||
| Total listed entities (at end of month) | 2,181 | 2,226 | ||
| Change on pcp | -2% | |||
| Initial capital raised ($million) | 46 | 25 | 4,145 | 6,791 |
| Secondary capital raised ($million) | 1,013 | 1,094 | 21,907 | 19,263 |
| Other capital raised including scrip-for-scrip ($million) |
165 | 86 | 3,025 | 4,404 |
| Total secondary capital raised ($million) | 1,178 | 1,180 | 24,932 | 23,667 |
| Change on pcp | - | 5% | ||
| Total capital raised including other ($million) | 1,224 | 1,205 | 29,077 | 30,458 |
| Change on pcp | 2% | -5% |
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Trading – Cash markets (including equities, interest rates and warrants trades)
- In February 2013 the average daily number of trades was 18% higher than the pcp. The average daily value traded was 1% higher than the pcp.
| Cash Markets | Feb 2013 | Feb 2012 |
Feb 2013 |
Feb 2012 |
|---|---|---|---|---|
| Month | Month | Financial | Financial | |
| YTD | YTD | |||
| Total trading days | 20 | 21 |
170 |
170 |
| (Cash market includes equity, warrant and interest rate market | ||||
| transactions) | ||||
| Cash market volume | ||||
| Total trades | 14,955,342 | 13,292,614 |
104,984,810 | 111,044,486 |
| Change on pcp | 13% | -5% | ||
| Average daily trades | 747,767 | 632,982 |
617,558 |
653,203 |
| Change on pcp | 18% | -5% | ||
| Cash market value | ||||
| Open trading ($billion) | 59.628 | 61.611 |
402.782 |
502.050 |
| Auctions trading ($billion) | 11.928 | 11.290 |
91.954 |
96.822 |
| Centre Point ($billion) | 3.443 | 1.968 |
21.739 |
11.177 |
| Trade reporting* ($billion) | 21.660 | 25.905 |
141.613 |
206.124 |
| Total value ($billion) | 96.659 | 100.774 |
658.088 |
816.173 |
| Change on pcp | -4% | -19% | ||
| Average daily value ($billion) | 4.833 | 4.799 |
3.871 |
4.801 |
| Change on pcp | 1% | -19% | ||
| Average value per trade ($) | 6,463 | 7,581 |
6,268 |
7,350 |
| Change on pcp | -15% | -15% | ||
| Non-billable value (above cap) ($billion) | 2.786 | 1.394 |
13.872 |
17.007 |
| Total billable value ($billion) | 93.873 | 99.380 |
644.216 |
799.166 |
| *Trade reporting means the value of trades executed outside the | ||||
| order books of ASX or Chi-X that are subsequently reported to | ||||
| ASX for publication. |
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Trading – Financial derivatives markets
-
In February 2013 average daily derivatives traded on ASX increased 21% on the pcp with both single stock options and index option volumes higher.
-
In February 2013 average daily futures and options on futures volume on ASX 24 increased 13% on the pcp with both futures and option volumes higher.
| Derivatives Markets Feb 2013 Month Feb 2012 Month |
Feb 2013 Financial YTD |
Feb 2012 Financial YTD |
|---|---|---|
| Derivatives total trading days 20 21 (Derivatives includes exchange-traded options, commodities, and index options and futures) Equity options volume Total contracts 13,949,836 12,239,753 Change on pcp 14% Average daily contracts 697,492 582,845 Index futures and options volume Total contracts 1,074,715 816,731 Change on pcp 32% Average daily contracts 53,736 38,892 Total derivatives volume Total contracts 15,024,551 13,056,484 Change on pcp 15% Average daily contracts 751,228 621,737 Change on pcp 21% Futures and options total trading days 20 21 (Futures and options includes interest rate, ASX SPI 200 and energy contracts) Futures volume Total contracts 8,358,046 7,859,025 Change on pcp 6% Average daily contracts 417,902 374,239 Options on futures volume Total contracts 466,340 333,060 Change on pcp 40% Average daily contracts 23,317 15,860 Total futures and options on futures volume Total contracts 8,824,386 8,192,085 Change on pcp 8% Average daily contracts 441,219 390,099 Change on pcp 13% Contracts for difference market Total trades 5,891 6,132 Total contracts traded 11,693,042 10,975,247 Notional value traded ($million) 151.6 155.8 Total open interest value (at end of month) ($million) 67.6 58.8 |
170 99,043,245 -2% 582,607 8,247,127 1% 48,513 107,290,372 -1% 631,120 -1% 171 64,969,684 3% 379,940 2,486,226 53% 14,539 67,455,910 4% 394,479 4% 42,676 72,753,218 957.4 |
170 100,726,380 592,508 8,143,772 47,905 108,870,152 640,413 171 63,025,359 368,569 1,620,395 9,476 64,645,754 378,045 55,532 97,307,286 1,825.0 |
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ASX CLEARING CORPORATION
Clearing
- Participant margin balances held on balance sheet averaged $3.9 billion in February 2013 ($2.4 billion pcp) with a month-end balance of $3.9 billion in February 2013 compared to $2.3 billion in February 2012.
| ASX Clearing Corporation | Feb 2013 | Feb 2012 |
Feb 2013 |
Feb 2012 |
|---|---|---|---|---|
| Month | Month |
Financial |
Financial |
|
| Collateral Balances – At End of Month | YTD | YTD |
||
| Cash margins held on balance sheet: | ||||
| - ASX Clear ($billion) | 0.4 | 0.2 |
||
| - ASX Clear (Futures) ($billion) | 3.5 | 2.1 |
||
| Cash equivalents held on balance sheet – ASX Clear (Futures) ($billion) |
0.0 | 0.0 |
||
| Collateral cash cover held off balance sheet (equities and | ||||
| guarantees) – ASX Clear ($billion) | 4.3 | 4.2 |
||
| Total billable value cleared ($billion) | 82.674 | 83.095 |
566.647 |
671.115 |
ASX SETTLEMENT CORPORATION
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The value of securities held in CHESS was 21% higher than the pcp and the number of dominant settlement messages was 2% higher than the pcp.
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The value of securities held in Austraclear was 5% higher than the pcp.
| ASX Settlement | Feb 2013 | Feb 2012 | Feb 2013 | Feb 2012 |
|---|---|---|---|---|
| Month | Month | Financial | Financial | |
| YTD | YTD | |||
| Value of CHESS holdings – period end ($billion) | 1,414.6 | 1,172.1 | ||
| Dominant settlement messages (million) | 1.3 | 1.3 | 10.0 | 10.8 |
| Austraclear Settlement and Depository | ||||
| Austraclear securities holdings – period end | 1,383.9 | 1,312.7 | ||
| ($billion) |
The weekly Australian Cash Market Report is available here: http://www.asx.com.au/trading_services/australian-cashmarket-report.htm
A separate ASX Compliance activity report for February 2013 has also been released today.
For further information:
Media Investor Relations Kristen Kaus Stephen Hammon Media and Communications Executive General Manager, Finance (BH) +61 2 9227 0410 (BH) +61 2 9227 0260 (M) 0421 380773 (M) 0488 212755 [email protected] [email protected] www.asxgroup.com.au/media-releases.htm www.asxgroup.com.au/investor-relations.htm
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