Trading – Cash Markets (including equities, interest rate and warrant trades)
• In November 2017, the average daily number of trades was 11% higher than the pcp. The average daily value traded on-market of $4.2 billion was down 9% on the pcp.
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.3% in November, in line with the previous month (0.3%).
• Expected future volatility (as measured by the S&P/ASX 200 VIX) in November was an average of 11.7 (compared to 11.3 in October).