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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%).

  • 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%

Page 1 of 4

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.

Page 2 of 4

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

Page 3 of 4

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

  • 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.

  • 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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