Capital Markets

Provides access to capital for domestic and international businesses and efficient electronic platforms for secondary market trading of equities, bonds and derivatives.

Income contribution CY 2015  

LSEG Capital Markets 2015


Sub-segment Main types of revenue Customer profile Highlights KPIs
Primary Markets • Admission fees for initial listing or raising further capital
• Annual fees for securities traded on our markets
• Companies from 65 countries around the world have come to our markets to raise money for growth, together with issuers of bonds, ETFs and other instruments

176 new companies joined our markets in the year (2014: 219)

  • Number of companies on our markets 2015: 2,685
    (2014: 2,752)

  • Capital raised by new and further equity issues 2015: £41.7bn
    (2014: £42.6bn)
Secondary Markets • Fees based on value traded (UK equities) or number of trades or contracts (Italian equities, retail bonds and derivatives)
• Banks and brokers worldwide, trading on the Group’s equities, derivatives and fixed income trading platforms

UK cash equity value traded increased by 6%,

Borsa Italiana cash equity number of trades up 7%

Turquoise average daily value traded increased by 16%

MTS Repo fixed income volume traded up 19%

  • Average order book equity value traded per day in London 2015 £4.9bn
    (2014: £4.6bn)
  • Average number of equity order book trades per day in Italy 2015: 280,000
    (2014: 264,000)
  • MTS Repo notional value traded 2015: €88.9tn
    (2014: €74.4tn)
  • MTS Cash and Bond Vision volumes 2015: €4,081bn
    (2014: €4,185bn)