ASX : Monthly Activity Report - December 2015

Letter to Mr Oliver Harvey

6 January 2016

Australian Securities and Investments Commission ASX Market Announcements Office Mr Oliver Harvey ASX Limited

Senior Executive, Financial Market Infrastructure 20 Bridge Street Level 5, 100 Market Street SYDNEY NSW 2000

SYDNEY NSW 2000

ASX GROUP MONTHLY ACTIVITY REPORT - DECEMBER 2015

Attached is a copy of the ASX Group Monthly Activity Report for December 2015.

Amanda J. Harkness

Group General Counsel & Company Secretary

ASX Limited

ABN 98 008 624 691

20 Bridge Street

Sydney NSW 2000

www.asx.com.au Customer service 13 12 79

MARKET ANNOUNCEMENT

6 January 2016

ASX GROUP MONTHLY ACTIVITY REPORT - DECEMBER 2015

The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 2.4% in December 2015. This performance was stronger than all other major markets, including Singapore up 0.9%, Germany down 5.6%, Japan down 3.6%, the UK down 1.8%, the US down 1.8% and Hong Kong down 0.4%.

Volatility measures for the Australian equity market remained above long-term averages during December:

• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.8% in December, consistent with the previous month (0.8%).

• Expected future volatility (as measured by the S&P/ASX 200 VIX) fell in December to an average of 18.0 (compared to 19.1 in November).

  
  

  LISTINGS AND CAPITAL RAISINGS

  
  

• In December 2015, total capital raised was $8.7 billion, up 3% on the previous corresponding period (pcp).

• In calendar year 2015, 126 new listed entities listed, compared to 109 in calendar year 2014. Total capital raised in calendar year 2015 totalled $104.9 billion, compared to $67.9 billion in calendar year 2014.

  
  

  Listings and Capital Raisings	December 2015 Month	December 2014 Month	December 2015 Financial YTD	December 2014 Financial YTD
  New listed entities admitted	25	19	77	71
  Change on pcp
  Total Listed entities (at end of month)	2,238	2,208
  Change on pcp
  Initial capital raised ($million)	2,562	3,016	13,477	18,956
  Secondary capital raised ($million)	5,826	4,963	35,597	17,746
  Other capital raised including scrip-for-scrip ($million)	263	406	5,501	1,860
  Total secondary capital raised ($million)	6,089	5,369	41,098	19,606
  Change on pcp	13%	110%
  Total capital raised including other ($million)	8,651	8,385	54,575	38,562
  Change on pcp	3%	42%

  
  

  TRADING - CASH MARKETS (INCLUDING EQUITIES, INTEREST RATE AND WARRANTS TRADES)

  
  

• In December 2015, the average daily number of trades was 26% higher than the pcp. The average daily value traded on-market of $3.8 billion was 4% higher than the pcp.

• In calendar year 2015, the average daily number of trades was 817,927 which was 14% higher than in calendar year 2014, and the average daily value traded on-market was $4.1 billion which was 20% higher.

  
  

  
  

  Cash Markets	December 2015 Month	December 2014 Month	December 2015 Financial YTD	December 2014 Financial YTD
  Total trading days (Cash market includes equity, warrant and interest rate market transactions)	21	21	130	130
  Cash market volume
  Total trades	18,694,940	14,783,228	110,090,882	92,984,142
  Change on pcp	26%	18%
  Average daily trades	890,235	703,963	846,853	715,263
  Change on pcp	26%	18%
  Cash market value
  Open trading ($billion)	57.231	54.621	390.115	326.180
  Auctions trading ($billion)	18.051	17.311	103.701	91.469
  Centre Point ($billion)	5.180	5.277	35.725	36.657
  Trade reporting* ($billion)	10.207	9.080	75.727	72.258
  Total value ($billion)	90.669	86.289	605.268	526.564
  Change on pcp	5%	15%
  Average daily value on-market ($billion)	3.831	3.677	4.073	3.495
  Change on pcp	4%	17%
  Average daily value ($billion)	4.318	4.109	4.656	4.050
  Change on pcp	5%	15%
  Average value per trade ($)	4,850	5,837	5,498	5,663
  Change on pcp	-17%	-3%
  Non-billable value (above cap) ($billion)	1.364	0.961	8.752	6.857
  Total billable value ($billion)	89.304	85.328	596.515	519.707
  *Trade reporting means the value of trades executed outside the order books of ASX or Chi-X that is subsequently reported to ASX for publication.

  
  

  TRADING - FUTURES

  
  

  • In December 2015, average daily futures and options on futures volumes were flat on the pcp. Average daily futures volume was up 1% on the pcp and average daily options volume was down 17% on the pcp.

• In calendar year 2015, average daily futures and options on futures volume was 505,613 which was 8% higher than in calendar year 2014.

Futures	December 2015 Month	December 2014 Month	December 2015 Financial YTD	December 2014 Financial YTD
Futures and options total trading days (includes interest rate, ASX SPI 200, commodities and energy contracts)	21	21	130	130
Futures volume
Total contracts	11,888,725	11,806,351	62,521,482	58,866,933
Change on pcp	1%	6%
Average daily contracts	566,130	562,207	480,934	452,823
Options on futures volume
Total contracts	132,947	159,357	919,685	1,478,523
Change on pcp	-17%	-38%
Average daily contracts	6,331	7,588	7,075	11,373
Total futures and options on futures volume
Total contracts	12,021,672	11,965,708	63,441,167	60,345,456
Change on pcp	0%	5%
Average daily contracts	572,461	569,795	488,009	464,196
Change on pcp	0%	5%