ASX LIMITED — Interim / Quarterly Report 2017

Jan 4, 2017

5 January 2017

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 – DECEMBER 2016

Attached is a copy of the ASX Group Monthly Activity Report for December 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 January 2017

ASX GROUP MONTHLY ACTIVITY REPORT – DECEMBER 2016

The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 3.9% in December 2016. This performance was lower than some major markets, including Germany up 7.9%, the UK up 5.3%, and Japan up 4.4% but stronger than the US up 1.8%. Declines were observed in Hong Kong down 3.5% and Singapore down 0.8%.

Volatility measures for the Australian equity market decreased during December:

• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in December, down on the previous month (0.7%).

• Expected future volatility (as measured by the S&P/ASX 200 VIX) fell in December to an average of 11.9 (compared to 15.2 in November).

LISTINGS AND CAPITAL RAISINGS

• In December 2016, total capital raised was $6.5 billion, down 25% on the previous corresponding period (pcp).

• In calendar year 2016, 133 new listed entities listed, compared to 126 in calendar year 2015. Total capital raised in calendar year 2016 totalled $60.9 billion, compared to $104.9 billion in calendar year 2015.

Listings and Capital Raisings

December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD

New listed entities admitted 17 25 86 77 De-listings 9 8 75 59 Total Listed entities (at end of month) 2,215 2,238 Change on pcp -1% Initial capital raised ($million) 1,026 2,562 11,080 13,477 Change on pcp -60% -18% Secondary capital raised ($million) 5,340 5,826 23,619 35,597 Other capital raised including scrip-for-scrip ($million) 156 263 2,137 5,501 Total secondary capital raised ($million) 5,496 6,089 25,756 41,098 Change on pcp -10% -37% Total capital raised including other ($million) 6,522 8,651 36,836 54,575 Change onpcp -25% -33%

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

• In December 2016, the average daily number of trades was 13% higher than the pcp. The average daily value traded on-market of $4.2 billion was 11% higher than the pcp.

• In calendar year 2016, the average daily number of trades was 1,015,083 which was 24% higher than in calendar year 2015, and the average daily value traded on-market was $4.2 billion which was 3% higher.

Cash Markets

December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD

Total trading days (Cash market includes equity, warrant and interest rate market transactions) 20 21 129 130 Cash market volume Total trades 20,100,667 18,694,940 130,984,207 110,090,882 Change on pcp 8% 19% Average daily trades 1,005,033 890,235 1,015,381 846,853 Change on pcp 13% 20% Cash market value Open trading ($billion) 56.029 57.231 371.262 390.115 Auctions trading ($billion) 20.292 18.051 113.659 103.701 Centre Point ($billion) 8.548 5.180 54.034 35.725 Trade reporting ($billion) 10.611 10.207 76.518 75.727 Total value ($billion) 95.480 90.669 615.473 605.268 Change on pcp 5% 2% Average daily value on-market ($billion) 4.243 3.831 4.178 4.073 Change on pcp 11% 3% Average daily value ($billion) 4.774 4.318 4.771 4.656 Change on pcp 11% 2% Average value per trade ($) 4,750 4,850 4,699 5,498 Change on pcp -2% -15% Non-billable value (above cap) ($billion) 1.013 1.364 7.589 8.752 Total billable value ($billion) 94.467 89.304 607.884 596.515 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 December 2016, average daily futures and options on futures volumes were up 22% on the pcp. Average daily futures volume was up 22% on the pcp and average daily options volume was down 18% on the pcp.

• In calendar year 2016, average daily futures and options on futures volume was 556,331 which was 10% higher than in calendar year 2015.

Futures

December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD

Futures and options total trading days (includes interest rate, ASX SPI 200, commodities and energy contracts) 20 21 129 130 Futures volume Total contracts 13,840,765 11,888,725 68,330,699 62,521,482 Change on pcp 16% 9% Average daily contracts 692,038 566,130 529,695 480,934 Options on futures volume Total contracts 103,350 132,947 708,145 919,685 Change on pcp -22% -23% Average daily contracts 5,168 6,331 5,489 7,075 Total futures and options on futures volume Total contracts 13,944,115 12,021,672 69,038,844 63,441,167 Change on pcp 16% 9% Average daily contracts 697,206 572,461 535,185 488,009 Change onpcp 22% 10%

Volume of futures trading by individual contract is available at the following link - http://www.asx.com.au/data/market reports/MonthlyFuturesMarketsReport161230.pdf

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CLEARING – OTC MARKETS

• In December 2016, the notional value of OTC interest rate derivative contracts centrally cleared was $346 billion, compared to $104 billion in the pcp.

• In calendar year 2016, the notional value of OTC interest rate derivative contracts centrally cleared was $4,084.2 billion compared to $1,521.6 billion in calendar year 2015.

OTC Markets	December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD
Total notional cleared value ($billion) 346.225 104.045 2,159.682 817.445 Open notional cleared value ($billion) (at end of month) * Cleared notional value is double sided 1,916.342

TRADING – EQUITY OPTIONS

• In December 2016, the average daily number of exchange-traded options increased 21% on the pcp. Single stock options average daily contracts traded were up 26% on the pcp and index options average daily contracts traded were down 12% on the pcp.

• In calendar year 2016, the average daily number of exchange-traded options was 403,316 which was 4% lower than in calendar year 2015.

Equity Options

December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD

Exchange-traded options total trading days (includes single stock equity options and index options) 20 21 129 130 Single stock equity options volume Total contracts 8,706,994 7,229,768 45,240,859 44,050,123 Change on pcp 20% 3% Average daily contracts 435,350 344,275 350,704 338,847 Index options volume Total contracts 883,216 1,058,211 5,579,948 6,201,309 Change on pcp -17% -10% Average daily contracts 44,161 50,391 43,255 47,702 Total options volume Total contracts 9,590,210 8,287,979 50,820,807 50,251,432 Change on pcp 16% 1% Average daily contracts 479,511 394,666 393,960 386,549 Change onpcp 21% 2%

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CLEARING – EXCHANGE-TRADED MARKETS

• Participant margin balances held on balance sheet at month-end totalled $5.8 billion in December 2016 compared to $4.2 billion in December 2015.

ASX Clearing Corporation Collateral Balances – At End of Month	December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD
Cash margins held on balance sheet: - ASX Clear ($billion) 0.4 0.6 - ASX Clear (Futures) ($billion) 5.2 3.4 Cash equivalents held on balance sheet – ASX Clear (Futures) ($billion) 0.2 0.2 Collateral cash cover held off balance sheet (equities and guarantees) – ASX Clear ($billion) 3.8 3.5 Total billable cash market value cleared ($billion) 94.491 87.452 599.285 581.030

SETTLEMENT

• The value of securities held in CHESS was 13% higher than the pcp. The number of dominant settlement messages in December 2016 was 1% lower than the pcp.

• The value of securities held in Austraclear was 5% higher than the pcp.

ASX Settlement	December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD
Value of CHESS holdings – period end ($billion) 1,767.5 1,564.8 Dominant settlement messages(million) 1.4 1.5 9.4 8.4
Austraclear Settlement and Depository
Austraclear securities holdings – period end ($billion) 1,947.3 1,849.0

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LISTINGS COMPLIANCE ACTIVITY

Listing Compliance Activity	December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD
Total company announcements 9,296 9,718 66,981 66,291 Price queries by ASX ¹ 21 23 209 135 Other continuous disclosure queries by ASX ² 19 15 151 165 Aware letters sent by ASX ³ 8 6 54 43 Announcements made following a price query 14 16 133 109 Number of trading halts 111 110 782 674 Number of suspensions 43 32 241 221

PARTICIPANTS

• During the month of December TransMarket Antipode LCC was admitted as an ASX Futures Participant.

ASX Market Participants⁴	December 2016 Month December 2015 Month
New admissions 0 0 Resignations and removals 0 0 Market/Clearing/Settlement Participants at month end 121 120
ASX Futures Participants
New admissions 1 0 Resignations and removals 0 0 Trading/ClearingParticipants at month end 52 54

¹ Price queries are enquiries made by ASX (either by letter or phone) to a listed entity if it detects unusual movements in a listed entity’s security price or trading volumes to ask if the entity is aware of any information that has not been announced which, if know, might explain the movements.

² Other continuous disclosure queries are queries (other than price queries) raised by ASX with listed entities when ASX has concerns the entity may not be in compliance with its continuous disclosure obligations under Listings Rules 3.1, 3.1A and 3.1B. Examples include a query made following a media report or an announcement lodged with ASX.

³Aware letters are sent by ASX following an announcement by a listed entity and ask for details of when the listed entity became aware of the material information contained in the announcement.

⁴ Figures exclude Special Settlement Participants set up to effect a specific corporate action as their participation is only temporary.

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ENFORCEMENT

Referrals to ASIC ⁵	December 2016 Month December 2015 Month December 2016 Financial YTD December 2015 Financial YTD
Continuous disclosure referrals 2 0 14 14 Other referrals 0 0 2 5 Total referrals to ASIC 2 0 16 19

Enforcement Matters	December 2016 Month December 2015 Month
Open ASX enforcement matters at month start 3 0 New enforcement matters commenced during the month 0 0 Enforcement matters concluded during the month 0 0 Open ASX enforcement matters at month end 3 0 Fines imposed duringthe month(excludingGST) Nil Nil

ASX RULE CHANGES, WAIVERS AND EXEMPTIONS

• Details of rule and guidance note changes can be assessed online at: http://www.asx.com.au/regulation/rules/recent-rule-amendments.htm

• Details of waivers and exemptions granted by ASX can be accessed online at: http://www.asx.com.au/regulation/rules-guidance-notes-and-waivers.htm

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

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

⁵ ASX is required, under sections 792B(2)(c) and 821B(2)(c) of the Corporations Act 2001, to refer a matter to ASIC if it has reason to suspect that a person has committed, is committing, or is about to commit a significant contravention of the ASX Group’s Operating Rules or the Corporations Act. It should be noted that a single referral may relate to more than one potential contravention. It should also be noted that the fact a matter has been referred to ASIC does not necessarily mean that a contravention has been committed or that ASIC will take enforcement proceedings in relation to it.

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