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Operational Performance of Cash Market Clearing and Settlement Services

 March 2023 Quarter**December 2022 QuarterSeptember 2022 Quarter
System Availability (CHESS)100%100%100%
System Availability (TAS)100%100%100%
Total Trades Accepted (ASX)55,847,52998,386,425117,615,536
Total Trades Rejected (ASX)202
Total Trades Accepted (Cboe)19,207,09532,365,72037,030,792
Total Trades Rejected (Cboe)000
Total Trades Accepted (NSX via TAS)60177167
Total Trades Rejected (NSX va TAS)010
Total Settlements (SSX)020
Total Value of Settlements (SSX)$0$960$0
Daily Average Traded Value (on and Off Market)*$9.70 billion$10.58 billion$10.59 billion
Daily Average Cleared Value*$7.50 billion$8.32 billion$8.30 billion
Percentage Novated*77.2%78.6%78.4%
Daily Average Cleared Value Post-Netting$2.20 billion$2.26 billion$2.29 billion
Netting Efficiency (Value)*70.6%72.8%72.4%
Netting Efficiency (Volume)*98.8%98.9%98.90%
Daily Average Settled Value (including Non-Novated)$10.70 billion$11.96 billion$11.73 billion
Settlement Efficiency (Value)99.89%99.85%99.91%
Average Daily CHESS Fail Rate (% Rescheduled to the next settlement date)0.280%0.269%0.254%

 

* Commencing March 2022 quarter, Traded Volume now includes transactions (for all AMOS) with settlement status “I” (e.g. crossings, informational)

** As of 28 February 2023

 

Commencing March 2022 quarter, Traded Volume now includes transactions (for all AMOS) with settlement status “I” (e.g. crossings, informational)

Commencing March 2022 quarter, Traded Volume now includes transactions (for all AMOS) with settlement status “I” (e.g. crossings, informational)