Australian financial market exchanges ASX Group released its August 2020 volumes. The company reported total capital raised of $4.9 billion, an 11.4% MoM increase compared to July 2020 and up by 1% on the pcp.
During August, the average daily number of trades was 13% lower than the pcp. The average daily value traded on-market of $6.2 billion rose by 13% on the pcp. Market volatility was 0.6%, from 0.8% in the pcp. The expected future volatility was average of 19 (15.9 in the pcp)
The average daily futures volumes fell by 19% and average daily options volume was down 78% on the pcp. Total average daily futures and options on futures volumes was down 20% on the pcp.
The notional value of OTC interest rate derivative contracts centrally cleared reached $531.5 billion, compared to $1,269.0 billion in the pcp.