Australian financial market exchanges ASX Group released its July volumes. The company reported total capital raised of $4.4 billion, an 8% decrease on the previous corresponding period (pcp).
During July, the average daily number of trades was 11% lower than the pcp. The average daily value traded on-market of $5.4 billion rose by 21% on the pcp. Market volatility was up by 0.9%, while it was 0.4% in the pcp. The expected future volatility was average of 19.1 (11.2 in the pcp)
The average daily futures volumes fell by 22% and the average daily options volume dropped 75% on the pcp. Total average daily futures and options on futures volumes decreased 22% on the pcp.
The notional value of OTC interest rate derivative contracts centrally cleared reached $535.6 billion, a 56%% drop compared to $1,207.1 billion in the pcp.