Market Report August 2010

RNS Number : 2198S

London Stock Exchange Group PLC

06 September 2010

 



06 September 2010

ETR - 35

15.6 MILLION TRADES ACROSS THE GROUP'S ELECTRONIC ORDER BOOK IN AUGUST

In August, 15.6 million trades were carried out across the Group's equity electronic order books, with a combined value of £128.6 billion (€156.2 billion), down four per cent on August 2009.

UK Order Book

UK order book includes UK and international equities, Exchange traded products and Securitised Derivatives traded in London. In August the average daily value traded was £4.0 billion (€4.9 billion), down two per cent year on year; the average daily number of trades reduced six per cent to 526, 631.

Italian Order book

Italian order book includes Italian and international equities, Exchange traded products and Securitised Derivatives traded in Italy. The average daily number of trades was 206,649, down 15 per cent on the same month last year, whilst the average daily value traded on the order book decreased 15 per cent year on year to €2.4 billion (£2.0 billion).

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in August was £813million (€987 million) down 25 per cent on the same month last year. The average daily number of trades was also down nine per cent at 220,384. On the dark mid-point book, Turquoise traded an average daily value of £162 million (€196 million) which is a 449 per cent increase on August 2009.  There were a total of 644,899 trades, an increase of 544 per cent year on year.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in August continued to rise and was up 29 per cent year on year to £8.1 billion (€9.8 billion). The total number of trades was also up 25 per cent reaching 316,599 while the average daily value traded was up 22 per cent to £374 million (€455 million).

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 5,140,631, down 25 per cent compared with August 2009. The daily average number of contracts traded was also down 25 per cent to 233,665.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up 24 per cent year on year at €8.6 billion (£7.1 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 49 per cent year on year to €211.5 billion (£174.2 billion).

The average daily value traded on the Group's retail bond markets was €722 million (£595 million), down three per cent on the same month last year. The average daily number of trades was up six percent at 11,810.

-ends -

For further information, please contact:

Lauren Crawley-Moore+44 (0)20 7797 1222

Luca Grassis [phone]  

Additional Information:

This release uses only electronic trading data; trades that are reported to the either London Stock Exchange or Borsa Italiana under their rules but executed away from their electronic order books are not included.

Figures for the UK and Italian order books include cash equity trades in domestic and international equities, Exchange traded products and Securitised Derivatives.

Share of trading figures are now available on the London Stock Exchange website and can be found here:

http://www.londonstockexchange.com/exchange/statistics/share-of-trading/lit-figures.html

In August the London Stock Exchange accounted for 62.9 per cent of lit trading on the UK order book.

There were 21 trading days on the London Stock Exchange, one more than August 2009. There were 22 on Borsa Italiana, also one more than August 2009.

The August 2010 value traded figures use a € per £ exchange rate of 1.21.  The exchange rate used for August 2009 was 1.16.

BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING
		August 2010				August 2009
		Totals
		Trades	Value Traded £m	Value Traded €m		Trades	Value Traded £m	Value Traded €m
UK order book		11,059,255	84,665	102,795		11,185,687	82,422	95,544
Italian order book		4,546,283	43,985	53,403		5,134,205	51,780	60,024
International Equities		1,002,294	10,454	12,693		852,398	9,142	10,598
ETFs & ETCs		316,599	8,081	9,811		252,434	6,284	7,285
Securitised Derivatives		103,420	674	818		131,166	690	800
Derivatives (EDX & IDEM)		5,140,631	51,577	62,622		6,527,085	68,271	79,144
Retail Bonds		259,815	13,084	15,886		233,614	13,509	15,660
MTS Cash		35,556	155,673	189,008		30,843	125,458	145,432
MTS Repo		53,248	3,833,226	4,654,053		41,114	2,575,686	2,985,766
Turquoise Integrated		4,848,446	17,888	21,718		5,060,736	22,769	26,394
Turquoise MidPoint		644,899	3,555	4,362		100,216	618	716
		Average daily
UK order book		526,631	4,032	4,895		559,284	4,121	4,777
Italian order book		206,649	1,999	2,427		244,486	2,466	2,858
International Equities		47,139	494	599		42,008	453	525
ETFs & ETCs		14,535	374	455		12,154	306	355
Securitised Derivatives		4,702	31	37		6,246	33	38
Derivatives (EDX & IDEM)		233,665	2,344	2,846		310,814	3,251	3,769
Retail Bonds		11,810	595	722		11,124	643	746
MTS Cash		1,616	7,076	8,591		1,469	5,974	6,925
MTS Repo		2,420	174,238	211,548		1,958	122,652	142,179
Turquoise Integrated		220,384	813	987		240,987	1,084	1,257
Turquoise MidPoint		29,314	162	196		4,772	29	34
		January to August 2010				January to August 2009
		Totals
		Trades	Value Traded £m	Value Traded €m		Trades	Value Traded £m	Value Traded €m
UK order book		100,899,450	835,292	971,341		110,059,174	784,380	884,838
Italian order book		46,124,384	499,424	581,026		46,010,258	400,345	452,722
International Equities		9,175,945	114,104	132,500		7,602,508	74,576	84,462
ETFs & ETCs		2,830,883	74,793	87,066		1,909,842	53,852	60,816
Securitised Derivatives		1,020,379	7,170	8,303		1,335,994	5,599	6,323
Derivatives (EDX & IDEM)		55,477,022	545,848	635,268		68,730,598	612,256	690,749
Retail Bonds		2,455,044	132,227	153,537		2,510,163	142,840	160,941
MTS Cash		295,586	1,469,476	1,704,672		246,513	1,062,793	1,201,977
MTS Repo		393,753	33,488,375	38,979,282		358,094	19,605,194	22,147,028
Turquoise Integrated		36,865,195	154,942	180,552		28,448,457	155,795	175,847
Turquoise MidPoint		3,718,811	20,641	24,293		256,560	1,520	1,766
		Average daily
UK order book		604,188	5,002	5,816		659,037	4,697	5,298
Italian order book		271,320	2,938	3,418		272,250	2,369	2,679
International Equities		54,669	681	791		45,346	446	505
ETFs & ETCs		16,710	443	516		11,334	320	362
Securitised Derivatives		6,003	42	49		7,905	33	37
Derivatives (EDX & IDEM)		428,020	4,447	5,114		439,059	3,813	4,302
Retail Bonds		14,441	778	903		14,853	845	952
MTS Cash		1,739	8,644	10,027		1,459	6,289	7,112
MTS Repo		2,316	196,990	229,290		2,119	116,007	131,048
Turquoise Integrated		216,854	911	1,062		167,344	916	1,034
Turquoise MidPoint		21,875	121	143		3,887	23	27
Turquoise year to date figures for 2009, are from June-August. Figures for the UK and Italian order books include cash equity trades in domestic and international equities, Exchange traded products and Securitised Derivatives. For Derivatives, the values used are notional values while "trades" refer to contracts traded.  Value traded figures for MTS Repo are term-adjusted, and totals for MTS Cash include BondVision.

 

END

 

 

MSCSSUFDMFSSEEU