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 2016 

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 more than 60 countries around the world have come to our markets to raise money for growth, together with issuers of bonds, ETFs and other instruments

• 134 new companies joined our markets in the year (2015: 176)

  • Number of companies on our markets 2016: 2,590 (2015: 2,685)

  • Capital raised by new and further equity issues 2016: £25.6bn (2015: £41.7bn)
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 4%

• Borsa Italiana cash equity number of trades up 6%

• Turquoise average daily value traded increased by 26%

• New products launched to meet post MiFID II trading requirements

  • Average order book equity value traded per day in London 2016: £5.1bn (2015: £4.9bn)
  • Average number of equity order book trades per day in Italy 2016: 295,000 (2015: 280,000)
  • MTS Repo notional value traded €84.4tn (2015: €88.9tn)
  • MTS Cash and Bond Vision volumes €3,944bn (2015: €4,081bn)