The FINANCIAL -- The value of ASX-listed stocks, as measured by the All Ordinaries Index, fell 8.1% in August 2015. Declines were also observed in other major markets, including Hong Kong down 12.0%, Germany down 9.3%, Singapore down 8.8%, Japan down 7.8%, the UK down 6.7% and the US down 6.3%.
Volatility measures for the Australian equity market increased during August:
Volatility (as measured by the average daily movement in the All Ordinaries Index) was 1.1% in August, up on the previous month (0.8%).
Expected future volatility (as measured by the S&P/ASX 200 VIX) rose in August to an average of 20.2 (compared to 17.1 in July).
LISTINGS AND CAPITAL RAISINGS
In August 2015, total capital raised was $7.1 billion, up 120% on the previous corresponding period (pcp).
TRADING – CASH MARKETS (INCLUDING EQUITIES, INTEREST AND WARRANTS TRADES)
In August 2015, the average daily number of trades was 23% higher than the pcp. The average daily value traded on-market of $4.8 billion was 33% higher than the pcp.
TRADING – FINANCIAL DERIVATIVES MARKETS
In August 2015, the average daily number of exchange-traded options decreased 9% on the pcp. Single stock options average daily contracts traded were down 14% on the pcp and index options average daily contracts traded were up 42% on the pcp.
In August 2015, average daily futures and options on futures volume increased 20% on the pcp. Average daily futures volume was up 22% on the pcp and average daily options volume was down 38% on the pcp.
LEARING – OTC MARKETS
In August 2015, the notional value of OTC interest rate derivative contracts centrally cleared was $120.9 billion, compared to $5.1 billion in the pcp.
The total notional value of OTC interest rate derivatives cleared by ASX since inception of the service is $1,188 billion.
CLEARING – EXCHANGE-TRADED MARKETS
Participant margin balances held on balance sheet at month-end totalled $4.5 billion in August 2015 compared to $3.8 billion in August 2014
The value of securities held in CHESS was 2% lower than the pcp. The number of dominant settlement messages in August 2015 was 15% higher than the pcp.
The value of securities held in Austraclear was 14% higher than the pcp.