Market report - March 2007

London Stock Exchange Group PLC
10 April 2007


News Release



10 APRIL 2007

MR69-03.07



                  SETS TRADES TOP 500,000 PER DAY DURING MARCH

                     • Increase of 76 per cent on last March



The average daily number of trades on SETS, the London Stock Exchange's
electronic order book, exceeded half a million for the first time during March
2007, reaching 508,425.  This was an increase of 76 per cent on March last year
and reflects the fact that fourteen of the twenty busiest trading days recorded
on SETS took place during the month.



The average daily value traded on SETS during the month also grew strongly, up
44 per cent on the same month last year to £8.8 billion.  The total value traded
on SETS during the month was £193.5 billion, with a total 11.2 million trades.



It was also a record month on SETSmm.  The number of trades on SETSmm more than
doubled compared with March last year, up 115 per cent to 2.8 million.  The
total value traded grew 93 per cent to £20.4 billion.



Trading on the IOB also set new records for both the number of trades and the
value traded.  The number of trades was up 70 per cent on March last year to
91,273, and value traded during the month grew 58 per cent to £7.8 billion.



The average daily number of UK equity trades was 560,005, up 61 per cent on last
year.  Meanwhile, the average daily value traded in UK equity grew   24 per cent
to £17.6 billion.



ETF trading was also extremely strong.  The average daily value traded in ETFs
was, at £131.1 million, over double the figure for March last year.  The average
daily number of trades also reached record levels, increasing 60 per cent to
1,869 trades.



There were 11 IPOs on the Main Market during March, which raised £3.6 billion
between them.  This included two IPOs from international companies, raising £1.3
billion.  AIM attracted 16 IPOs during the month raising a total of £362.2
million between them.



RNS had a record month during March, disseminating a total of 20,058 company
announcements.  This was an increase of 21 per cent on March last year and
represented 76 per cent of all announcements made in the UK market. Of these,
6,012 were news and results announcements.



There were 22 trading days during March, one fewer than during March 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.





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

Equity Trading Value (£m)
                                             387,693       1,030,716          327,432         860,350
Number of Equity Trades
                                          12,320,099      31,452,924        7,981,848      20,966,189


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)
                                             456,219       1,208,502          341,378         939,042
Number of Equity Trades
                                           3,482,925       8,829,444        1,982,032       5,775,385




ORDER BOOK TRADING

Order Book Value (£m)
                                               193,540         499,190           140,995         375,134
Order Book Trades
                                            11,185,345      28,194,193         6,655,727      17,406,209




                                                                  March 2007                    March 2006

DOMESTIC MARKET CAPITALISATION (£bn)                                                                 1,947
                                                                       2,064



TOTAL NUMBER OF COMPANIES                                              3,245                         3,141
Main Market UK                                                                                       1,336
                                                                       1,262
Main Market International                                                                              324
                                                                         319
of which techMARK                                                                                      145
                                                                         130
AIM                                                                                                  1,473
                                                                       1,637
Professional Securities Market (Equity only)
                                                                          27                             8




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


Equity Money Raised:
  New issues: Main Market UK
                                                       2,331          2,331              589         1,122
  New issues: Main Market International
                                                       1,260          2,389              250         2,400
  New issues:  AIM
                                                                      1,124            1,649         2,052
                                                         408
  Further issues: Main Market UK
                                                       1,117          2,322              549         1,042
  Further issues: Main Market International
                                                                        456               39           329
                                                         -
  Further issues: AIM
                                                                      1,690              369         1,178
                                                         976
  PSM (new & further, UK & International)
                                                                        -                424           527
                                                         -

COMPANIES ADMITTED                                        33             73               75           148
Debt Money Raised (£m)
  Main Market UK
                                                      22,491         40,120           16,520        36,487
  Main Market International
                                                      30,284         76,957           20,864        45,640
  PSM (  PSM (UK & International)
                                                       2,835          4,428            2,592         5,981






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