ASX Releases October 2015 Activity Report, Futures Volume Rises

The ASX raised $11.8 billion in total capital during October 2015 despite suffering from decreased volatility.

The Australian Securities Exchange (ASX) has released its monthly activity report for October 2015, which showed a steady rise in capital across a number of key benchmarks and indices, according to an ASX statement.

For the month ending October 2015, the value of ASX-listed stocks, as measured by the global All Ordinaries Index, secured a healthy 4.5% advance – this growth underperformed in a variety of other markets during the month, especially when weighed against Germany (12.3%), Japan (9.7%) and the United States (8.3%).

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In addition, the ASX suffered from decreased volatility, which may in part have helped contribute to its underperformance with other advanced economic exchanges. Indeed, volatility waned to 0.7%, as calculated by the All Ordinaries Index, down from 1.3% in September 2015.

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In terms of specifics, the ASX raised a total of $11.8 billion in total capital during October 2015. Across its initial capital raise, the exchange managed to raise $4,318 million during the month, up 126.3% YoY from $1,908 million in October 2014.

The total value of cash markets for the ASX during October 2015 was 95.7 billion, up 1.9% YoY from $93.9 billion in October 2014. Furthermore, its average daily value on-market came in at 3.8 billion in October 2015, up 9.0% YoY from $3.5 billion in October 2014.

The ASX saw a total of 9.19 million contracts traded during October 2015, down -12.5% YoY from 10.49 million contracts in October 2014. Finally, the notional value of over-the-counter (OTC) interest rate derivative contracts centrally cleared during October 2015 was $206.5 billion.

Back in late September, the ASX unveiled a new office in Hong Kong, bolstering the group’s presence in the region in a bid to capture additional growth and a deep customer base. The office itself opened on October 1 in the heart of Hong Kong’s financial district and has since been headed by ASX’s Asian Business Development Manager, James Keeley. The primary impetus behind the new office was ASX’s desire to maintain a more comprehensive on-the-ground presence to tap into the Asian region.

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