February volumes rise in Australia

Trading in Australia’s cash markets increased in February. Cash values transacted rose to A$ 100.7 bn for the month, compared to A$ 77.8 bn in January.

Trading in Australia’s cash markets increased in February. Cash values transacted rose to A$ 100.7 bn for the month, compared to A$ 77.8 bn in January.

In comparison to February 2014, the average daily number of trades was 1% higher. The average daily value traded on-market of $4.4 billion was 16% higher than one year ago.

In the derivatives markets during February, the average daily number of derivatives traded on ASX decreased 15% on the same month2014. Single stock options average daily contracts traded were down 17% in the 12 month period and index options average daily contracts traded were up 11%.

In clearing activities, the ASX is now recording stats for a new service introduced in 2014, that of OTC interest rate derivative contracts. The amount centrally cleared in February 2015 was A$ 136.7 bn. The total notional value of OTC interest rate derivatives cleared by ASX since inception of this service last year is A$ 434 bn.

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