ASX LIMITED — Interim / Quarterly Report 2016

Jul 4, 2016

5 July 2016

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 – JUNE 2016

Attached is a copy of the ASX Group Monthly Activity Report for June 2016.

Amanda J. Harkness

Group General Counsel & Company Secretary

20 Bridge Street Sydney NSW 2000

ASX Limited ABN 98 008 624 691

www.asx.com.au Customer service 13 12 79

MARKET ANNOUNCEMENT

5 July 2016

ASX GROUP MONTHLY ACTIVITY REPORT – JUNE 2016

The value of ASX‐listed stocks, as measured by the All Ordinaries Index, fell 2.5% in June 2016. Declines were also observed in other major markets, including Japan down 9.6%, Germany down 5.7% and Hong Kong down 0.1%. The UK was up 4.4%, Singapore up 1.8% and the US up 0.1%.

Volatility measures for the Australian equity market rose above long‐term averages during June:

• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.8% in June, up on the previous month (0.6%).

• Expected future volatility (as measured by the S&P/ASX 200 VIX) rose in June to an average of 19.4 (compared to 17.6 in May).

LISTINGS AND CAPITAL RAISINGS

• In June 2016, total capital raised was $2.8 billion, down 81% on the previous corresponding period (pcp).

• Total capital raised in FY16 was $78.6 billion, down 12% on the pcp.

Listings and Capital Raisings

June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015

New listed entities admitted 11 12 124 120 Change on pcp ‐8% 3% Total Listed entities (at end of month) 2,204 2,220 Change on pcp ‐1% Initial capital raised ($million) 959 1,355 23,587 38,916 Secondary capital raised ($million) 1,726 5,083 45,299 38,787 Other capital raised including scrip‐for‐scrip ($million) 126 8,368 9,704 11,170 Total secondary capital raised ($million) 1,852 13,451 55,003 49,957 Change on pcp ‐86% 10% Total capital raised including other ($million) 2,811 14,806 78,590 88,873 Change onpcp ‐81% ‐12%

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TRADING – CASH MARKETS (INCLUDING EQUITIES, INTEREST RATE AND WARRANTS TRADES)

• In June 2016, the average daily number of trades was 27% higher than the pcp. The average daily value traded on‐market of $4.5 billion was 5% higher than the pcp.

• In FY16, the average daily value traded on‐market was $4.2 billion, up 10% on the pcp.

Cash Markets

June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015

Total trading days (Cash market includes equity, warrant and interest rate market transactions) 21 21 254 254 Cash market volume Total trades 22,321,943 17,570,452 235,922,576 190,646,803 Change on pcp 27% 24% Average daily trades 1,062,950 836,688 928,829 750,578 Change on pcp 27% 24% Cash market value Open trading ($billion) 65.927 63.939 770.805 698.315 Auctions trading ($billion) 19.810 19.133 209.412 193.292 Centre Point ($billion) 8.433 6.363 78.941 74.933 Trade reporting ($billion) 11.663 11.406 144.991 145.909 Total value ($billion) 105.833 100.841 1,204.149 1,112.449 Change on pcp 5% 8% Average daily value on‐market ($billion) 4.484 4.259 4.170 3.805 Change on pcp 5% 10% Average daily value ($billion) 5.040 4.802 4.741 4.380 Change on pcp 5% 8% Average value per trade ($) 4,741 5,739 5,104 5,835 Change on pcp ‐17% ‐13% Non‐billable value (above cap) ($billion) 1.240 0.957 14.987 19.650 Total billable value ($billion) 104.593 99.884 1,189.162 1,092.799 Trade reporting means the value of trades executed outside the order books of ASX or Chi‐X that is subsequently reported to ASX forpublication.

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TRADING – FUTURES

• In June 2016, average daily futures and options on futures volumes were up 17% on the pcp. Average daily futures volume was up 17% and average daily options volume was up 54% on the pcp.

• In FY16, the average daily futures and options on futures volume increased 8% on the pcp.

Futures	June 2016 Month June 2015 Month	Financial Year 2016	Financial Year 2015
Futures and options total trading days (includes interest rate, ASX SPI 200, commodities and energy contracts) 22 22 Futures volume Total contracts 16,441,909 14,102,103 Change on pcp 17% Average daily contracts 747,360 641,005 Options on futures volume Total contracts 181,305 117,837 Change on pcp 54% Average daily contracts 8,241 5,356 Total futures and options on futures volume Total contracts 16,623,214 14,219,940 Change on pcp 17% Average daily contracts 755,601 646,361 Change onpcp 17%		257 134,831,773 9% 524,637 1,991,346 ‐23% 7,748 136,823,119 8% 532,386 8%	256 123,760,619 483,440 2,580,627 10,081 126,341,246 493,520

CLEARING – OTC MARKETS

• In June 2016, the notional value of OTC interest rate derivative contracts centrally cleared was $644.5 billion, compared to $102 billion in the pcp.

OTC Markets	June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015
Total notional cleared value ($billion) 644.460 101.975 2,742.002 805.869 Open notional cleared value ($billion) (at end of month) * Cleared notional value is double sided 1,600.194

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TRADING – EQUITY OPTIONS

• In June 2016, the average daily number of exchange‐traded options decreased 8% on the pcp. Single stock options average daily contracts traded were down 16% on the pcp and index options average daily contracts traded were up 60% on the pcp.

• In FY16, the average number of exchange‐traded options declined 16% on the pcp.

Equity options

June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015

Exchange‐traded options total trading days (includes single stock equity options and index options) 21 21 254 254 Single stock equity options volume Total contracts 7,296,949 8,640,510 88,701,251 109,545,874 Change on pcp ‐16% ‐19% Average daily contracts 347,474 411,453 349,218 431,283 Index options volume Total contracts 1,483,409 924,923 12,768,310 10,958,348 Change on pcp 60% 17% Average daily contracts 70,639 44,044 50,269 43,143 Total options volume Total contracts 8,780,358 9,565,433 101,469,561 120,504,222 Change on pcp ‐8% ‐16% Average daily contracts 418,112 455,497 399,486 474,426 Change onpcp ‐8% ‐16%

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CLEARING – EXCHANGE‐TRADED MARKETS

• Participant margin balances held on balance sheet at month‐end totalled $5.9 billion in June 2016 compared to $3.7 billion in June 2015.

ASX Clearing Corporation Collateral Balances – At End of Month	June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015
Cash margins held on balance sheet: ‐ ASX Clear ($billion) 0.8 0.7 ‐ ASX Clear (Futures) ($billion) 4.9 2.9 Cash equivalents held on balance sheet – ASX Clear (Futures) ($billion) 0.2 0.1 Collateral cash cover held off balance sheet (equities and guarantees) – ASX Clear ($billion) 3.4 3.6 Total billable cash market value cleared ($billion) 102.365 97.482 1,160.637 1,042.065

SETTLEMENT

• The value of securities held in CHESS at 30 June 2016 was 3% higher than the pcp. The number of dominant settlement messages in June 2016 was 9% higher than the pcp.

• The value of securities held in Austraclear was 8% higher than the pcp.

ASX Settlement	June 2016 Month June 2015 Month Financial Year 2016 Financial Year 2015
Value of CHESS holdings – period end ($billion) 1,596.8 1,550.7 Dominant settlement messages(million) 1.5 1.4 17.1 15.7
Austraclear Settlement and Depository
Austraclear securities holdings – period end ($billion) 1,895.6 1,752.5

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‐ The weekly Australian Cash Market Report is available here: http://www.asx.com.au/services/trading services/australian‐cash‐market‐report.htm

A separate ASX Compliance activity report for June 2016 has also been released today.

Further enquiries:

Media Analysts/Investor Relations Matthew Gibbs Stephen Hammon General Manager, Media and Communications General Manager, Finance Tel: +61 2 9227 0218 Tel: +61 2 9227 0260 Mobile: 0411 121219 Mobile: 0488 212755 matthew.gibbs@asx.com.au stephen.hammon@asx.com.au http://www.asx.com.au/about/media‐releases.htm http://www.asx.com.au/about/investor‐relations.htm

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