ASX registered 61%MoM rise in total capital raised for September with $7.9 billion

Steffy Bogdanova
October 7, 2020 3:12 pm

Australian financial market exchanges ASX Group released its September 2020 volumes. The company reported total capital raised of $7.9 billion, an 61.2% MoM increase compared to August 2020 and up by 46% on the pcp.

Cash Markets

During September, the average daily number of trades was 10% lower than the pcp. The average daily value traded on-market of $6.2 billion rose by 14% on the pcp. Market volatility was 1.1%, from 0.3% in the pcp. The expected future volatility was average of 20.8 (13.1 in the pcp).

Futures

The average daily futures volumes fell by 16% and average daily options volume was down 79% on the pcp. Total average daily futures and options on futures volumes was down 17% on the pcp.

OTC Markets

The notional value of OTC interest rate derivative contracts centrally cleared reached $802.9 billion, compared to $1,425.7 billion in the pcp.

ASX

Equity Options

Single stock options average daily contracts traded fell by 25% and index options average daily contracts traded were down 24% on the pcp.

Exchange-Traded Markets

Participant margin balances held on balance sheet at month-end amounted to $13.2 billion, compared to $11.5 billion the previous year.

Settlement

The value of securities held in CHESS dropped 5% than the pcp. The number of dominant settlement messages in September 2020 was 27% higher than the pcp. The value of securities held in Austraclear rose 23%.

Participants

There were no participant admissions or resignations in September.

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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