ASX Monthly Trading Report For August 2007

ASX Limited (ASX) announces its monthly trading information for ASX and SFE-traded markets for August 2007.

A number of daily and monthly trading records were observed in the cash and futures markets during the month. These were due to the volatility of global equity markets from the contagion effects of the deteriorating sub-prime mortgage sector in the US, as well the increase in the official cash rate by the Reserve Bank of Australia on 8 August 2007.

• A monthly trade volume record of 7,679,167 cash market trades, with a turnover value of $163.5 billion, was achieved in August 2007. This is an increase of 25% on the previous monthly cash market trades record set in July 2007 of 6,142,451 trades. The August 2007 trade volume is an increase of 122% on August 2006, the prior comparable period (pcp).
• A daily trade volume record of 563,761 cash market trades was achieved on 16 August 2007, with a turnover value of $12.7 billion. This is an increase of 29% on the previous daily cash market record of 438,195 trades on 10 August 2007.
  
  The three largest trading days in ASX cash market history were recorded in August 2007. In addition to the two quoted above, the third-largest was on 17 August 2007 when 435,494 cash market trades, with a turnover value of $9.2 billion, were transacted.
• A monthly record of 2,530,997 exchange traded options (ETOs) was achieved in August 2007. This is an increase of 5% on the previous monthly ETO trading record set in July 2007 of 2,409,957 trades.

• A non-roll month record of 9,520,049 total derivative contracts was achieved in August 2007, representing a notional value of $4.9 trillion. This is an increase of 39% in total contracts on the pcp.
• A monthly record for 90-Day Bank Bill futures of 2,687,072 contracts was achieved in August 2007, representing a notional value of $2.7 trillion. This is an increase of 15% on the previous monthly record of 2,343,009 contracts traded in March 2007.
• A daily record for 30-Day Interbank Cash Rate futures of 104,496 contracts was achieved on 10 August 2007, representing a notional value of $313.5 billion. This is an increase of 34% on the previous record of 78,041 contracts traded on 7 June 2007.
• A monthly record for 30-Day Interbank Cash Rate futures of 508,570 contracts was achieved in August 2007, representing a notional value of $1.3 trillion. This is an increase of 9% on the previous monthly record of 464,622 contracts traded in June 2007.

ASX listings:

n August 2007, 21 new entities1 were listed, 31% higher than the pcp, bringing total listed entities to 2,120 (1,943 pcp). Total capital raised in the month amounted to $4.4 billion, up 19% on the pcp. This comprised $1.5 billion in initial capital and $2.9 billion in secondary raisings.

A detailed activity statement for ASX and SFE-traded markets for August 2007 can be viewed on clicking here.