Market report - April 2007

London Stock Exchange Group PLC
09 May 2007


News Release


9 May 2007

MR70-04.07



     GROWTH IN SETS TRADES EXCEEDS 50 PER CENT FOR SIXTH CONSECUTIVE MONTH


The average daily number of SETS trades during April 2007 was up 64 per cent on
the same month last year to 465,967, making April the sixth month in a row that
year on year growth in SETS trades exceeded 50 per cent.  The average daily
value traded grew 25 per cent to £7.5 billion. The total number of trades on
SETS during the month was up 73 per cent to 8.9 million, and the total value
traded grew 32 per cent to £143.0 billion.


Also included in the SETS figures, trading on SETSmm was strong, with the total
number of trades on SETSmm during the month more than double the total for April
last year, up 126 per cent to 2.3 million.  The total value traded on SETSmm
grew 81 per cent to £15.5 billion.  On the International Order Book, the total
number of trades grew 45 per cent to 64,626, while the value traded grew 13 per
cent to £5.1 billion.


The total number of UK equity trades during the month was 9.9 million, up 62 per
cent on April last year, while the total value traded grew 24 per cent to £300.1
billion.


ETF trading activity was up 33 per cent on April 2006 to 31,922 trades, and the
total value traded in ETFs increased 77 per cent to £2.3 billion.


On the primary market, there were nine UK Main Market IPOs raising £422.3
million between them, and one international Main Market IPO which raised £508.3
million.  There were 14 IPOs on AIM, raising a combined total of £423.8 million.


RNS, the Exchange's service for the dissemination of company news, issued 15,975
announcements during the month, up 16 per cent on April last year.  Of these
more than a third (5,541) were news and results announcements, representing an
86 per cent share of all such announcements made in the UK market.


There were 19 trading days during April, one more than during April 2006.





                                    - ends -



For further information, please contact:

Catherine Mattison                           Press Office   [phone]
[e-mail]




Notes to editors:



•      About the London Stock Exchange


The London Stock Exchange is the world's premier international equity exchange
and a leading provider of services that facilitate the raising of capital and
the trading of shares.


The London Stock Exchange is the most international equities exchange in the
world and Europe's largest pool of liquidity.  By the end of 2006, the market
capitalisation of UK and international companies on the London Stock Exchange's
markets amounted to £4.4 trillion, with £6.7 trillion of equity business
transacted over the year.


The London Stock Exchange is a Recognised Investment Exchange (RIE) under the
Financial Services and Markets Act 2000 and is supervised by the Financial
Services Authority.


Companies considering flotation have a choice of markets:



AIM

AIM is the London Stock Exchange's international market specifically designed
for smaller, growing companies, combining the benefits of a public flotation
with appropriate levels of regulation.



Main Market

The London Stock Exchange's Main Market for established companies seeking
international recognition is one of the world's best known, longest-established
and most liquid markets.  It is home to some of the world's largest and most
successful companies, giving them access to one of the deepest pools of capital
in the world.



Professional Securities Market

The Professional Securities Market was established in July 2005, to coincide
with the introduction of the FSA's new Listing Rules.  PSM provides a solution
for those issuers seeking to list securities in London without having to
re-state their financial information to IFRS or follow the additional
requirements of an offering to retail investors.  Debt securities or depository
receipts of any denomination may be listed on PSM on production of a prospectus
aimed at a wholesale or professional audience.



•   IPO

An IPO or Initial Public Offering is when a new company joins one of our markets
and raises capital by issuing shares.  This excludes transfers and introductions
(when companies join the market without raising money).

•   Indices

Indices are calculated and managed by FTSE Group, a world-leader in the creation
and management of global equity indices. The FTSE Group is jointly owned by the
London Stock Exchange and the Financial Times, but operates as an autonomous
company.



For information about the company or any FTSE indices, please contact
[e-mail]



•  SETS - the electronic order book



It is over eight years since the launch of SETS and the order book continues to
go from strength to strength, compressing spreads and significantly improving
liquidity. SETS has recently delivered record increases in the number of orders
entered and executed as new technology improves efficiency and fuels growth.



•  SETSmm



SETSmm is the Exchange's trading service for FTSE 250 and other leading non
order book securities.  By combining the best features of the existing SETS and
SEAQ trading services, SETSmm appeals to market users who want to trade
electronically, as well as those customers who use the market making system.



•  International Order Book (IOB)



The IOB is the Exchange's order book for the trading of international Depositary
Receipts, negotiable certificates which represent ownership of a given number of
a company's shares and can be listed and traded independently from the
underlying shares.



•   Retail Trading Figures

    Retail trading figures are available from our website at -
    www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat
    Figures are available from November 2002 to date.



APRIL 2007


                                        2007                             2006
DOMESTIC EQUITY TRADING                 Month        Year to date        Month        Year to date

Equity Trading Value (£m)             300,132           1,330,848      241,631           1,101,981
                                                                       
Number of Equity Trades             9,856,578          41,309,502    6,068,618          27,034,807
                                                                   


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)             423,383           1,631,885      233,099           1,172,141

Number of Equity Trades             2,981,559          11,811,003    1,284,010           7,059,395




ORDER BOOK TRADING

Order Book Value (£m)                 143,026            642,216       108,021             483,155

Order Book Trades                   8,853,364         37,047,557     5,110,343          22,516,552




                                                        April 2007               April 2006

DOMESTIC MARKET CAPITALISATION (£bn)                         2,090                    1,967



TOTAL NUMBER OF COMPANIES                                    3,251                    3,169


Main Market UK                                               1,265                    1,332
Main Market International                                      320                      326
of which techMARK                                              130                      145
AIM                                                          1,639                    1,501
Professional Securities Market (Equity only)                    27                       10




                                                  2007                            2006
MONEY RAISED (£m)                                Month       Year to date        Month        Year to date


Equity Money Raised:
  New issues: Main Market UK                       422          2,753              195           1,318
  New issues: Main Market International            508          2,897              152           2,552
  New issues:  AIM                                 474          1,598            1,093           3,146
  Further issues: Main Market UK                   337          2,659              680           1,722
  Further issues: Main Market International         23            479              287             616
  Further issues: AIM                            1,424          3,115              813           1,990
  PSM (new & further, UK & International)            -              -                -             527

COMPANIES ADMITTED                                  34            107               48             196
Debt Money Raised (£m)
  Main Market UK                                 7,282         47,401            9,653          46,140
  Main Market International                     16,225         93,182           22,912          68,552
  PSM (PSM (UK & International)                  1,632          6,109              969           6,950






                      This information is provided by RNS
            The company news service from the London Stock Exchange