Operational performance of Cash Market Clearing and Settlement Services
| September 2025 [1] Quarter | June 2025 quarter | March 2025 quarter | |
| System availability (CHESS) | 100% | 100% | 100% |
| System availability (TAS) | 100% | 100% | 100% |
| Trade registration | |||
| Total trades accepted (ASX) | 48,305,499 | 136,195,804 | 120,536,508 |
| Total trades accepted (Cboe) | 14,737,584 | 41,649,024 | 38,457,412 |
| Total trades accepted (NSX) | 67 | 181 | 166 |
| Daily average trades across all AMOs | 2,741,007 | 2,915,492 | 2,564,121 |
| Highest consecutive 2 days trade registration across all AMOs | 6,485,317 | 9,668,072 | 7,523,125 |
| Clearing | |||
| Daily average traded value (on and off market)* | $9.00 billion | $10.59 billion | $8.93 billion |
| Daily average cleared value* | $6.54 billion | $7.55 billion | $6.43 billion |
| Percentage novated* | 72.7% | 71.3% | 72.4% |
| Netting efficiency (value)* | 71.2% | 71.6% | 69.9% |
| Netting efficiency (volume)* | 99.2% | 99.2% | 99.1% |
| Daily average cleared value post-netting | $2.59 billion | $3.00 billion | $2.65 billion |
| Settlement | |||
| Total settlements (SSX) | 0 | 0 | 0 |
| Total value of settlements (SSX) | $0 | $0 | $0 |
| Batch settlement | |||
| Daily average settled value (including non-novated) | $13.69 billion | $16.79 billion | $14.27 billion |
| Settlement efficiency (value) | 99.91% | 99.95% | 99.94% |
| Average daily CHESS fail rate (% rescheduled to the next settlement date) | 0.168% | 0.118% | 0.114% |
| Average value based fail rate (% rescheduled to the next settlement date) | 0.080% | 0.044% | 0.060% |
As of March 2022 quarter, Traded Volume includes transactions (for all AMOs) with settlement status “I” (e.g. crossings, informational)
Note: The table has been revised to correct a computational error in Traded and Cleared Value. All figures now reflect the updated calculations based on accurate data available.
[1] As of 31 July 2025
Commencing March 2022 quarter, Traded Volume now includes transactions (for all AMOS) with settlement status “I” (e.g. crossings, informational)
Data for the 20 December 2024 is not included in the calculations due to the cancellation of Batch Settlement and reschedule of all obligations.
The graph has been revised to correct a computational error in Traded and Cleared Value which calculates the netting efficiency. All figures now reflect the updated calculations based on accurate data available.
Commencing March 2022 quarter, Traded Volume now includes transactions (for all AMOS) with settlement status “I” (e.g. crossings, informational)
* Data for the 20 December 2024 is not included in the calculations due to the cancellation of Batch Settlement and reschedule of all obligations.
Data for the 20 December 2024 is not included in the calculations due to the cancellation of Batch Settlement and reschedule of all obligations.
The graph has been revised to correct a computational error in Traded and Cleared Value which calculates the percentage novated. All figures now reflect the updated calculations based on accurate data available.