6 April 2023

Australian Securities and Investments Commission

ASX Market Announcements Office

Mr Nathan Bourne

ASX Limited

Senior Executive Leader, Market Infrastructure

20 Bridge Street

Level 5, 100 Market Street

SYDNEY NSW 2000

SYDNEY NSW 2000

ASX GROUP MONTHLY ACTIVITY REPORT - MARCH 2023

Attached is a copy of the ASX Group Monthly Activity Report for March 2023.

Release of market announcement authorised by:

Johanna O'Rourke

Group General Counsel and Company Secretary

20 Bridge Street

Sydney NSW 2000

PO Box H224

Customer service 13 12 79

ASX Limited ABN 98 008 624 691

Australia Square NSW 1215

asx.com.au

Market Announcement

6 April 2023

ASX Group Monthly Activity Report - March 2023

Listings and Capital Raisings

  • In March 2023, total capital raised was $5.4 billion, down 48% on the previous corresponding period (pcp).

Listings and Capital Raisings

March

March

March

March

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

New listed entities admitted

2

8

49

180

De-listings

11

13

86

104

Total listed entities (at end of month)

2,280

2,304

-

-

Change on pcp

-1%

-

-

-

Initial capital raised ($million)

20

1,115

2,358

46,716

Change on pcp

-98%

-

-95%

-

Secondary capital raised ($million)

5,099

4,730

33,570

48,288

Other capital raised including scrip-for-scrip ($million)

252

4,395

6,155

121,526

Total secondary capital raised ($million)

5,351

9,125

39,725

169,814

Change on pcp

-41%

-

-77%

-

Total capital raised including other ($million)

5,371

10,240

42,083

216,530

Change on pcp

-48%

-

-81%

-

6 April 2023

Market Announcement 1/6

Trading - Cash Markets (including equities, interest rate and warrant trades)

  • In March 2023, the average daily number of trades was down 25% on the pcp. The average daily value traded on- market of $6.154 billion was down 17% on the pcp.
  • Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.7% in March, in line with pcp.
  • Future volatility (as measured by the S&P/ASX 200 VIX) in March was an average of 13.7, down 16% on pcp.

Cash Markets

March

March

March

March

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

Total trading days

23

23

191

192

(Cash market includes equity, warrant and interest rate market

transactions)

Cash market volume

Total trades

33,830,103

45,344,902

287,844,984

336,622,762

Change on pcp

-25%

-

-14%

-

Average daily trades

1,470,874

1,971,517

1,507,042

1,753,244

Change on pcp

-25%

-

-14%

-

Cash market value

Open trading ($billion)

81.167

106.105

660.437

826.472

Auctions trading ($billion)

45.488

50.297

321.494

353.130

Centre Point ($billion)

14.897

14.049

105.232

100.242

On-market value

141.552

170.451

1,087.163

1,279.844

Change on pcp

-17%

-

-15%

-

Trade reporting* ($billion)

28.370

30.910

180.809

218.970

Total cash market value ($billion)

169.922

201.361

1,267.972

1,498.814

Change on pcp

-16%

-

-15%

-

On-market average daily value ($billion)

6.154

7.411

5.692

6.666

Change on pcp

-17%

-

-15%

-

Total average daily value ($billion)

7.388

8.755

6.639

7.806

Change on pcp

-16%

-

-15%

-

Average value per trade ($)

5,023

4,441

4,405

4,453

Change on pcp

13%

-

-1%

-

All Ordinaries Index (average daily movement)

0.7%

0.7%

-

-

Change on pcp

0.0%

-

-

-

S&P/ASX 200 VIX (average daily value)

13.7

16.3

-

-

Change on pcp

-16%

-

-

-

*Trade reporting means the value of trades executed outside the order book of ASX that is subsequently reported to ASX for publication

6 April 2023

Market Announcement 2/6

Trading - Futures

  • In March 2023, average daily futures volume was up 25% on pcp and average daily options volume was up 58% on the pcp. Total average daily futures and options on futures volumes was up 25% on pcp.

Futures

March

March

March

March

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

Futures and options total trading days

23

23

193

193

(includes interest rate, ASX SPI 200, commodities and energy

contracts)

Futures volume

Total contracts

20,432,534

16,301,208

105,544,529

100,416,919

Change on pcp

25%

-

5%

-

Average daily contracts

888,371

708,748

546,863

520,295

Change on pcp

25%

-

5%

-

Options on futures volume

Total contracts

24,136

15,272

104,045

98,773

Change on pcp

58%

-

5%

-

Average daily contracts

1,049

664

539

512

Change on pcp

58%

-

5%

-

Total futures and options on futures volume

Total contracts

20,456,670

16,316,480

105,648,574

100,515,692

Change on pcp

25%

-

5%

-

Average daily contracts

889,420

709,412

547,402

520,807

Change on pcp

25%

-

5%

-

Volume of futures trading by individual contract is available at the following link: https://www2.asx.com.au/content/dam/asx/documents/unlinked-docs/monthly-futures-markets-report-230331.pdf

Clearing - OTC Markets

  • In March 2023, the notional value of OTC interest rate derivative contracts centrally cleared was $870.684 billion, compared to $636.462 billion in the pcp.

OTC Markets

March

March

March

March

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

Total notional cleared value ($billion)

870.684

636.462

5,149.243

3,174.368

Change on pcp

37%

-

62%

-

Open notional cleared value ($billion)

4,437.061

4,116.787

-

-

(at end of month)

Change on pcp

8%

-

-

-

6 April 2023

Market Announcement 3/6

Trading - Equity Options

  • In March 2023, single stock options average daily contracts traded were down 10% and index options average daily contracts traded were up 11% on the pcp.

Equity Options

March

March

March

March

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

Exchange-traded options total trading days

23

23

191

192

(includes single stock equity options and index options)

Single stock equity options volume

Total contracts

5,238,309

5,803,646

42,670,747

44,089,866

Change on pcp

-10%

-

-3%

-

Average daily contracts

227,753

252,332

223,407

229,635

Change on pcp

-10%

-

-3%

-

Index options volume

Total contracts

766,013

688,874

5,242,470

4,205,519

Change on pcp

11%

-

25%

-

Average daily contracts

33,305

29,951

27,447

21,904

Change on pcp

11%

-

25%

-

Clearing - Exchange-Traded Markets

  • Participant margin balances held on balance sheet totalled $12.3 billion at 31 March 2023, compared to $12.0 billion at 31 March 2022. Participant margin balances subject to risk management haircuts were $9.1 billion at 31 March 2023 compared to $7.7 billion at 31 March 2022.

ASX Clearing Corporation

March

March

March

March

Collateral Balances - At End of Month

2023

2022

2023

2022

Month

Month

Financial

Financial

YTD

YTD

Cash margins held on balance sheet:

- ASX Clear ($billion)

0.9

1.0

-

-

- ASX Clear (Futures) ($billion)

10.9

10.6

-

-

Cash equivalents held on balance sheet - ASX Clear

0.5

0.4

-

-

(Futures) ($billion)

Total cash margins held on balance sheet

12.3

12.0

-

-

Change on pcp

3%

-

-

-

Collateral cash cover held off balance sheet (equities

3.2

3.5

-

-

and guarantees) - ASX Clear ($billion)

Change on pcp

-9%

-

-

-

Total billable cash market value cleared ($billion)

154.097

183.092

1,180.931

1,377.170

Change on pcp

-16%

-

-14%

-

6 April 2023

Market Announcement 4/6

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Disclaimer

ASX Limited published this content on 06 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2023 23:53:08 UTC.