ASX sees CHESS holdings value increase 08 August 2019Sydney Reporter: Jenna Lomax
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The value of securities held in Australian Securities Exchange’s (ASX) Clearing House Electronic Subregister System (CHESS) increased 8 percent in July, compared to the previous corresponding period.
The number of dominant settlement messages in July was 11 percent higher than June.
In July, the average daily number of trades was 39 percent higher than the previous month. The average daily value traded on-market of $4.5 billion was also up 12 pecent.
Average daily futures and options on futures volumes were up 10 percent in July compared to June.
Meanwhile, average daily futures volume was up 11 percent and average daily options volume was down 20 percent on June’s figures.
July’s figures showed that the notional value of over-the-counter interest rate derivative contracts centrally cleared was $1,207 billion, compared to $380 billion in June.
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