•Replaced proprietary SYCOM platform introduced in the late 1990s
•Significant testing and preparation with close customer collaboration
•Approximately 50 ASX participants plus 30 other customers
–Broad range of global data vendors and software providers
–120 customer applications supported through conformance
–Over 820 users connected
•Legacy systems rationalised
–7 systems, comprising 17 separate applications, decommissioned
–20 databases across multiple environments eliminated
•Richer functionality and technical enhancements
–Real-time platform and user interface monitoring
–Enhanced pre-trade risk management
–Customers able to manage own trading limits
–Faster resolution of customer issues
•Smooth go-live with positive customer feedback
–Improved capacity and functionality particularly around contract roll
ASX operates at the heart of Australia's financial markets.
Our integrated listings, trading, clearing and settlement businesses
provide customers with efficient access to and exchange of capital,
management of risk, and provision of data and other solutions.
ASX operates across multiple asset classes including equities,
fixed income, commodities and energy.
ASX is the global leader in A$ and NZ$ financial markets, one of the
top 10 securities exchanges in the world and the largest interest
rate derivatives market in Asia. We have trading and information
hubs in many of the world's major financial centres, attract company
listings from all around the globe and are based in Australia, which
has one of the five largest investable assets pools in the world.
ASX operates and invests in the infrastructure that promotes
the stability and development of Australia's financial markets.
We advocate for regulations that support investors and issuers,
promote market integrity and strengthen Australia's global
ASX GROUP MONTHLY ACTIVITY REPORT – JULY 2017
The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 0.2% in July 2017. This was in contrast to most major markets, including Hong Kong up 6.1%, Singapore up 3.2%, the US up 1.9% and the UK up 0.8%. Japan was down 0.5% and Germany was down 1.7%.
Volatility measures for the Australian equity market were mixed during July:
* Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in July, down on the previous month (0.7%).
* Expected future volatility (as measured by the S&P/ASX 200 VIX) in July was an average of 13.4 (compared to 12.7 in June).