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Securities lending disclosure

The following reports aim to provide disclosure of securities lending activity to improve understanding of the settlement risks arising from this form of activity, thereby strengthening the overall functioning and stability of the market. Greater transparency will also assist the settlement facility operator, ASX Settlement Corporation in identifying potential settlement risks in managing the settlement process.

The disclosure regime consists of both 'gross transactional flow' and 'outstanding loan positions' in each ASX-listed security. Complementing the data is comparative settlement data and additional settlement performance data.

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Daily market report of outstanding borrowed positions, by security

This report presents the outstanding gross and net borrowed position in each ASX-listed security, summed across all reporting participants as at the reporting date. The outstanding borrowed position is presented both inclusive of borrowing that supports onward lending activity by reporting participants or their related bodies corporate (i.e. gross) and exclusive of such activity (i.e. net). Reporting participants comprise ASX Settlement Participants that engage in Securities Lending Transactions, plus non-ASX Settlement Participants (e.g. offshore).

The report represents data from the close of business three (3) Business Days prior. 

If the disclosure regime achieved full market coverage, the Daily Market Report of Outstanding Borrowed Positions and the Daily Market Report of Outstanding Loaned Positions would be identical. To the extent that the regime does not achieve full coverage, some divergence is anticipated and hence there is benefit in presenting reports from both the borrowed and loaned perspectives.

ASX accepts no responsibility for any inaccuracies in the matter published. Securities with both a zero outstanding borrowed position and zero stock committed to lending arrangements as at the preceding quarter-end are excluded from this report.

Download the daily market report of outstanding borrowed positions, by security

Daily market report of outstanding loaned positions, by security

This report presents the outstanding gross and net loaned position in each ASX-listed security, summed across all reporting participants as at the reporting date. The outstanding loaned position is presented both inclusive of lending that supports onward borrowing activity by reporting participants or their related bodies corporate (i.e. gross) and exclusive of such activity (i.e. net). Reporting participants comprise ASX Settlement Participants that engage in Securities Lending Transactions, plus non-ASX Settlement Participants (e.g. offshore).

The report represents data from the close of business three (3) Business Days prior.

If the disclosure regime achieved full market coverage, the Daily Market Report of Outstanding Borrowed Positions and the Daily Market Report of Outstanding Loaned Positions would be identical. To the extent that the regime does not achieve full coverage, some divergence is anticipated and hence there is benefit in presenting reports from both the borrowed and loaned perspectives.

ASX accepts no responsibility for any inaccuracies in the matter published. Securities with both a zero outstanding loaned position and zero stock committed to lending arrangements as at the preceding quarter-end are excluded from this report. 

Download the daily market report of outstanding loaned positions, by security

Settlement and securities lending comparison report

Under the Reserve Bank of Australia's Financial Stability Standard for Securities Settlement Facilities, ASX Settlement Corporation is required to make relevant data on settlement activity publicly available. In accordance with this requirement, this report presents a range of statistics on daily settlement activity in CHESS.

To assist participants in their understanding of settlement activity and settlement performance, this report provides data on settled and rescheduled values in CHESS. It presents data at the aggregate level and also offers some indication of the dispersion of activity and settlement performance across the range of transaction types in CHESS (market transactions - novated and non-novated - and securities loan-related transactions). 

ASX accepts no responsibility for any inaccuracies in the matter published. 

Download the settlement and securities lending comparison report

Daily gross securities lending transaction report

Under the Reserve Bank of Australia's Financial Stability Standard for Securities Settlement Facilities, ASX Settlement Corporation is required to make relevant data on settlement activity publicly available.  In accordance with this requirement, this report presents the daily volume of all securities lending related settlements and other transfers - that is, those submitted with transaction basis 'L' - comparing this with the volume of settlements and other transfers for the market as a whole. This report therefore gives an indication of the flow of loan-related transactions, relative to the flow of transactions in the market as a whole. Since many securities lending related transactions settle on a 'free of payment' basis, volume provides a better measure of relative activity in this market.

ASX accepts no responsibility for any inaccuracies in the matter published.  Securities with no securities lending activity are excluded from this report.

Download the daily gross securities lending transaction report

Monthly and daily market equity fail report (volume)

Under the Reserve Bank of Australia's Financial Stability Standard for Securities Settlement Facilities, ASX Settlement Corporation is required to make relevant data on settlement activity publicly available. In accordance with this requirement, this report presents detail as to settlement delivery performance measured by the number of settlement transactions that fail to settle either in full or partially as a proportion of all settlements scheduled on that day. Initial Fail rates depict the source or point of failure.  Rescheduled rates depict the subsequent 'knock-on' effect of the initial failures and are inclusive of the initial failures.

ASX accepts no responsibility for any inaccuracies in the matter published. 

Download the monthly and daily market equity fail report (volume)

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