ASX Limited (ASX) announces its monthly trading information for ASX and SFE-traded markets for May 2007.
A number of daily and monthly turnover records were observed in the cash and futures markets during the month.
On ASX-traded markets, the total value of cash market trades for May was a record $148 billion, an increase of 14% on the previous monthly value record set in March 2007.
The average daily cash market volume for the month was a record 251,067 trades, an increase of 4.5% on the previous record set in April 2007. The average daily cash market value for May was also a record at $6.44 billion, an increase of 6% on the previous record set in April 2007.
A new monthly volume record for ASX-traded options was set of 2.4 million contracts traded in May. This is an increase of 1.5% on the previous highest monthly total set in September 2005.
On SFE-traded markets, the second highest volume for a non-roll month of 6,591,921 futures and options contracts traded in May, representing a notional value of $3.3 trillion. For the previous corresponding period, a total of 6,322,088 contracts traded in May 2006 with a notional value of $2.6 trillion. The highest volume for a non-roll month was achieved in August 2006 with 6,840,127 contracts, representing a notional value of $2.97 trillion.
A new daily volume record was set for 3 Year Bonds Intra-Day Options of 24,281 contracts, with a notional value of $2.4 billion, on 16 May. This is a 7.95% increase on the previous daily volume record set earlier in the year on 24 January 2007.
There was a record month-end open interest across the suite of d-cypha SFE electricity futures and options contracts of 35,130 contracts with a notional value of $5.9 billion. This represents an increase of 10% on the previous month-end record set in March 2007.
ASX’s trading systems - CLICK XT for ASX-traded volumes and SYCOM for SFE-traded volumes – facilitated the record levels and delivered 100% system availability to market participants throughout May.
The activity statement for ASX and SFE-traded markets for May 2007 can be viewed on clicking here.