The ASX has introduced a new product to enhance its debt market data offerings, named Austraclear Debt Market Activity. This innovative data set aims to provide greater transparency regarding activities in the repo, bond, and money markets that are settled through the ASX’s Austraclear system.
Austraclear is recognized as Australia’s foremost settlement system and central securities depository for the wholesale debt market. Currently, it caters to over 1,000 participants and manages securities valued at more than A$3 trillion. The system operates with a real-time connection to the Reserve Bank of Australia’s Real-Time Gross Settlement (RTGS) system, with an average daily settlement exceeding A$80 billion in transactions.
The newly launched data set will pull information directly from Austraclear’s source data in real time, offering valuable insights into Australia’s debt markets. This information will be particularly beneficial for issuers, investors, and intermediaries, allowing them to better understand market dynamics. The product is designed with flexibility in mind, enabling subscribers to customize their access based on specific needs, whether they require private, public, or a combination of data types.
A representative from the organization emphasized that the introduction of the Austraclear Debt Market Activity product represents a major advancement for clients. It provides exceptional insights and data that will facilitate informed, data-driven investment decisions. This marks a significant moment since it is the first time the market has had direct access to datasets derived from Austraclear’s foundational data related to repo, bond, and money market activities.
Overall, this new initiative underscores a commitment to enhancing market transparency and supporting informed investment practices within Australia’s debt market. The Austraclear Debt Market Activity product is poised to deliver key insights for users looking to navigate and engage with the complexities of the debt market effectively.