IOB Newsletter - October 2014

IOB Newsletter - October 2014

Standard settlement cycle changed to T+2
This month's top 10 most traded names and volume risers on the IOB

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Changes to standard settlement cycle

On 6 October, standard settlement cycle was changed to T+2 for the majority of instruments on London Stock Exchange including:

  • SETS
  • SETSqx
  • SEAQ (including fixed interest)
  • Trade Reporting Only (including fixed interest)
  • International Order Book
  • Securitised Derivatives
  • Order book for Retail Bonds (ORB) (Corporates)
  • Order book for Fixed Income Securities
  • ETFs (Euroclear Bank Settlement)

IOB equity trading in September 2014

  • IOB cash equity Average Daily Turnover in September 2014 was $641m

IOB Derivatives trading in September 2014

  • September 2014 saw another record reached for Volume in IOB DR futures (+714% on Jan-Sept 13) with 217,418 contracts traded

New members

  • At the end of September 2014, LSE has 361 member firms; 93 members have trading access to IOB (CCP)
  • International Strategy & Investment (UK) Limited and A Vartan Limited became LSE member firms in September


  • LSEG Beijing IPO Conference: Beijing, 9 October 2014: LSEG in conjunction with CBBC is organising a conference focused on China's investment outlook, equity capital raising in the UK, Chinese companies' exeperience in London, as well as various aspects of IPO preparation. Click here for more details>>
  • BNY Mellon 7th Annual Investor Relations Training Seminar: London, 22-24 October 2014: This year's seminar features presentations and discussions on timely topics including market structure and the influence of high frequency trading, growing investor interest in ESG & Sustainability, regulatory oversight of corporate access practices and investor relations best practice from some of the UK's best-in-class IRO's. Click here for more details>>