Spread trading dominated activity in the 30 Day Interbank Cash Rate Futures contracts, as the contracts give users the opportunity to trade around the timing of the next perceived change in interest rates.
Peter Hiom, General Manager, Exchange Business Development said, "The strong volume growth in the 30 Day Interbank Cash Rate Futures is reflective of the diversity of market users accessing the short end of the yield curve through this contract for a variety of hedging and trading reasons."