ASX : Monthly Activity Report - June 2020

6 July 2020
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 - JUNE 2020

Attached is a copy of the ASX Group Monthly Activity Report for June 2020.

Release of market announcement authorised by: Daniel Csillag

Company Secretary

ASX Limited ABN 98 008 624 691

20 Bridge Street Sydney NSW 2000

PO Box H224

Australia Square NSW 1215

Customer service 13 12 79 asx.com.au

Market Announcement

6 July 2020

ASX Group Monthly Activity Report - June 2020

Listings and Capital Raisings

•  In June 2020, total capital raised was $26.0 billion, up 256% on the previous corresponding period (pcp).

Listings and Capital Raisings	June	June	June	June
2020	2019	2020	2019
Month	Month	Financial	Financial
YTD	YTD
New listed entities admitted	3	12	83	111
De-listings	10	9	164	127
Total listed entities (at end of month)	2,188	2,269
Change on pcp	-4%
Initial capital raised ($million) 1	16,536	1,807	26,964	37,402
Change on pcp	815%	-28%
Secondary capital raised ($million)	9,072	5,373	65,033	38,830
Other capital raised including scrip-for-scrip ($million)	349	119	5,193	9,783
Total secondary capital raised ($million)	9,421	5,492	70,226	48,613
Change on pcp	72%	44%
Total capital raised including other ($million)	25,957	7,299	97,190	86,015
Change on pcp	256%	13%

1 Due to the fact that TPG listed on the 30th June, the initial capital raised amount has been estimated. The final figure will be based on the VWAP after 5 days trading has occurred.

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

•  In June 2020, the average daily number of trades was 5% higher than the pcp. The average daily value traded on-market of $7.7 billion was up 40% on the pcp.

•  Volatility (as measured by the average daily movement in the All Ordinaries Index) was 1.3% in June (compared to 0.5% in the pcp).

•  Expected future volatility (as measured by the S&P/ASX 200 VIX) in June was an average of 22.2 (compared to 13.7 in the pcp).

Cash Markets	June	June	June	June
2020	2019	2020	2019
Month	Month	Financial	Financial
YTD	YTD
Total trading days	21	19	255	252
(Cash market includes equity, warrant and interest rate market
transactions)
Cash market volume
Total trades	37,520,966	32,439,372	460,788,797	359,985,144
Change on pcp	16%	28%
Average daily trades	1,786,713	1,707,335	1,807,015	1,428,512
Change on pcp	5%	26%
Cash market value
Open trading ($billion)	110.775	61.226	995.319	722.111
Auctions trading ($billion)	41.623	34.649	409.876	333.979
Centre Point ($billion)	10.167	9.255	120.436	113.030
On-market value	162.565	105.130	1,525.631	1,169.120
Change on pcp	55%	30%
Trade reporting* ($billion)	19.662	19.328	266.053	211.568
Total cash market value ($billion)	182.227	124.458	1,791.684	1,380.688
Change on pcp	46%	30%
On-market average daily value ($billion)	7.741	5.533	5.983	4.639
Change on pcp	40%	29%
Total average daily value ($billion)	8.678	6.550	7.026	5.479
Change on pcp	32%	28%
Average value per trade ($)	4,857	3,837	3,888	3,835
Change on pcp	27%	1%
All Ordinaries Index (average daily movement)	1.3%	0.5%
Change on pcp	0.8%
S&P/ASX 200 VIX (average daily value)	22.2	13.7
Change on pcp	62%

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

Trading - Futures

•  In June 2020, average daily futures volume was down 31% and average daily options volume was down 79% on the pcp. Total average daily futures and options on futures volumes was down 32% on the pcp.

Futures

June 2020 MonthJune 2019 MonthJune 2020 FinancialJune 2019 Financial

YTD

YTD

Futures and options total trading days

22

20

257

255

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

Futures volume

Total contracts Change on pcp Average daily contracts Change on pcp

15,646,753 -24% 711,216 -31%

20,721,416

168,115,349 -1%

170,533,999

1,036,071

654,145 -2%

668,761

Options on futures volume

Total contracts Change on pcp Average daily contracts Change on pcp

21,690 -77% 986 -79%

95,523

1,124,722 -12%

1,273,982

4,776

4,376 -12%

4,996

Total futures and options on futures volume

Total contracts

Change on pcp

Average daily contracts

Change on pcp

15,668,443 -25% 712,202 -32%

20,816,939

169,240,071 -1%

171,807,981

1,040,847

658,522 -2%

673,757

Volume of futures trading by individual contract is available at the following link:http://www2.asx.com.au/content/dam/asx/documents/unlinked-docs/MonthlyFuturesMarketsReport200630.pdf

Clearing - OTC Markets

•  In June 2020, the notional value of OTC interest rate derivative contracts centrally cleared was $426.4 billion, compared to $1,692.3 billion in the pcp.

OTC Markets

June 2020 MonthJune 2019 MonthJune 2020 FinancialJune 2019 Financial

YTD

YTD

Total notional cleared value ($billion) Change on pcp

Open notional cleared value ($billion) (at end of month)

426.428 -75% 5,098.019

1,692.288

12,454.307 28%

9,710.616

7,207.582

Change on pcp

-29%

Trading - Equity Options

•  In June 2020, single stock options average daily contracts traded were down 26% and index options average daily contracts traded were down 40% on the pcp.

Equity Options

June 2020 Month

Exchange-traded options total trading days

(includes single stock equity options and index options)

21

Single stock equity options volume

Total contracts

Change on pcp

Average daily contracts

Change on pcp

5,404,793 -18% 257,371 -26%

Index options volume

Total contracts Change on pcp Average daily contracts Change on pcp

552,921 -34% 26,330 -40%

Clearing - Exchange-Traded Markets

June 2019 Month

19

6,586,026

346,633

837,641

June 2020 Financial

YTD

255

65,893,637 -11%

258,406 -12%

9,841,902 -13%

44,086

June 2019 Financial

YTD

252

73,825,121

292,957

11,282,073

38,596 -14%

44,770

•  Participant margin balances held on balance sheet at month-end totalled $12.5 billion in June 2020, compared to $10.6 billion in June 2019.

ASX Clearing Corporation

Collateral Balances - At End of Month

June 2020 Month

Cash margins held on balance sheet:

- ASX Clear ($billion)

- ASX Clear (Futures) ($billion)

Cash equivalents held on balance sheet - ASX Clear (Futures) ($billion)

1.3 10.7 0.5

Total cash margins held on balance sheet Change on pcp

12.5 18%

June 2019 Month

0.8 8.7 1.1

10.6

June 2020 Financial

YTDJune 2019 Financial

YTD

Collateral cash cover held off balance sheet (equities and guarantees) - ASX Clear ($billion)

3.2

Change on pcp

-6%

3.4

Total billable cash market value cleared ($billion) Change on pcp

175.049 52%

115.104

1,659.340

1,288.034