ASX reports $4.9 billion total capital raised for August and 11% MoM rise

Steffy Bogdanova
September 4, 2020 8:58 am

Australian financial market exchanges ASX Group released its August 2020 volumes. The company reported total capital raised of $4.9 billion, an 11.4% MoM increase compared to July 2020 and up by 1% on the pcp.

Cash Markets

During August, the average daily number of trades was 13% lower than the pcp. The average daily value traded on-market of $6.2 billion rose by 13% on the pcp. Market volatility was 0.6%, from 0.8% in the pcp. The expected future volatility was average of 19 (15.9 in the pcp)

Futures

The average daily futures volumes fell by 19% and average daily options volume was down 78% on the pcp. Total average daily futures and options on futures volumes was down 20% on the pcp.

OTC Markets

The notional value of OTC interest rate derivative contracts centrally cleared reached $531.5 billion, compared to $1,269.0 billion in the pcp.

ASX

Equity Options

Single stock options average daily contracts traded fell by 17% and index options average daily contracts traded were down 47% on the pcp..

Exchange-Traded Markets

Participant margin balances held on balance sheet at month-end amounted to $13.1 billion, compared to $11.3 billion the previous year.

Settlement

The value of securities held in CHESS dropped 1% than the pcp. The number of dominant settlement messages in August 2020 was in line with the pcp. The value of securities held in Austraclear rose 20%.

Participants

There were no participant admissions or resignations in August.

LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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