The growth was led by SFE’s most heavily traded product, 3-Year Treasury Bond futures, which rose 12.2% to 11.75 million contracts traded. Turnover of 3-Year Treasury Bond futures and options contracts represented 38% of SFE’s total volume last financial year, at a nominal value of A$1,201 billion. Among SFE’s other major contracts, trading in SPI® futures and options grew by 13.9%, to a value of A$425 billion.
According to AFMR, trading at SFE accounted for 27% of all financial market value in Australia last financial year, with futures trading alone being the second largest individual product contributor.
The 2000 Australian Financial Markets Report is published annually by the Australian Financial Markets Association (AFMA) and the Securities Industry Research Centre of Asia-Pacific (SIRCA). The report has been produced for 11 years and is the only definitive survey of its kind covering Australian financial markets. It sources statistics from SFE, the Australian Stock Exchange, the Reserve Bank of Australia, over-the-counter market participants and AXISS Australia, the new centre for global finance.