ASX has unveiled a new data service, Austraclear Debt Market Activity, which it says will provide greater transparency into Australia’s wholesale debt markets.
ASX Launches New Debt Market Data Product
The product delivers for the first time detailed insights into repo, bond and money market activity settled through Austraclear, ASX’s settlement system and central securities depository for the wholesale debt market.
Austraclear services more than 1,000 participants and holds over A$3 trillion in securities, settling on average A$80 billion in transactions daily through its real-time connection to the Reserve Bank of Australia’s Real-Time Gross Settlement system.
ASX said the launch reflected the growing demand for high-quality datasets to help market participants identify trends, assess risk and uncover opportunities in debt markets.
The new product is said to be based on real-time source data from Austraclear, offering issuers, investors and intermediaries unique visibility into Australia’s debt market activity.
The exchange added that the product suite is designed with flexibility in mind, enabling subscribers to tailor their access to private, public, or combined datasets depending on their requirements.
Jamie Crank, Group Executive for Technology and Data at ASX, said: “The launch of the Austraclear Debt Market Activity product marks a significant step forward in supporting our customers with unparalleled insights and data that helps in making informed, data-driven investment decisions.”
He added that ASX remained focused on “driving innovative solutions that significantly improve the transparency and insights available to our customers” in navigating Australia’s debt markets.
