19.8 million equity trades in June

In June, 19.8 million equity trades were carried out across the London Stock Exchange Group's electronic order books, with a combined value of £172.1 billion (€208.0 billion). On the Italian equity order book, increased trading activity led to nine per cent year on year growth in the average daily number of trades, while the average daily value traded was up 42 per cent. In London, the total value traded on SETS - covering all equity based order book trading on the Exchange - increased 3 per cent year on year, reaching £110.0 billion (€132.9 billion).

A number of the Group's other markets recorded good performances in June. For example, on the MTS cash market the total value traded reached €211.7 billion (£175.2 billion), a 23 per cent increase on June 2009.

UK Cash Equities

During June, the average daily value traded on the UK equity order book was £4.3 billion (€5.2 billion), a decrease of one per cent year on year, while the average daily number of trades was down three per cent at 593,569.

Italian Cash Equities

The average daily number of trades in Italian equities was 246,665 in June, a nine per cent increase on the same month last year. The average daily value traded during the month was up 42 per cent at €3.4 billion (£2.8 billion).

International Cash Equities

The total value traded in international equities increased 32 per cent on June 2009 to £15.5 billion (€18.8 billion), while the total number of trades was 1,274,363, an 11 per cent year on year increase.

ETFs and ETCs

Trading in ETFs and ETCs continued to grow, with the average daily number of trades up 45 per cent year on year, reaching 16,420, while the average daily value traded was up 35 per cent to £436 million (€527 million).

Derivatives

A total of 9,588,491 contracts were traded across the Group's derivatives platforms in June 2010, up 24 per cent on last year. The average daily notional value traded was up two per cent at £3.8 billion (€4.6 billion), while the average daily number of contracts traded rose by 16 per cent to 444,031.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up 23 per cent year on year at €9.6 billion (£8.0 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 93 per cent year on year to €256.9 billion (£212.6 billion).

The average daily value traded on the Group's retail bond markets was €921 million (£762 million), up 16 per cent on the same month last year. The average daily number of trades was up 21 percent at 15,493.

-ends -

For further information, please contact:

Alastair Fairbrother +44 (0)20 7797 1222

Anna Mascioni +39 02 72426 212

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.

There were 22 trading days on the London Stock Exchange and on Borsa Italiana in June 2010, the same as last year.

During June, the average daily number of trades on SETS - covering all equity based order book trading on the London Stock Exchange - was 639,764 down two per cent on June 2009. The average daily value traded was £5 billion, a three per cent year on year increase.

The June 2010 value traded figures use a € per £ exchange rate of 1.21. The exchange rate used for June 2009 was 1.17.

 

BORSA ITALIANA - LONDON STOCK EXCHANGE ELECTRONIC ORDER BOOK   TRADING

   

June 2010

 

June 2009

   

Totals

   

Trades

Value Traded £m

Value Traded €m

 

Trades

Value Traded £m

Value Traded €m

UK equities

 

13,058,527

94,427

114,083

 

13,509,132

95,475

111,445

Italian equities

 

5,426,632

62,172

75,113

 

4,967,120

45,301

52,879

International equities

 

1,274,363

15,524

18,755

 

1,150,049

11,765

13,733

ETFs & ETCs

 

361,244

9,591

11,587

 

248,788

7,099

8,287

Securitised Derivatives

 

134,982

774

936

 

167,347

657

767

Derivatives (EDX & IDEM)

 

9,588,491

83,089

100,385

 

7,722,179

84,955

99,166

Retail Bonds

 

340,840

16,765

20,255

 

282,809

14,965

17,468

MTS Cash

 

36,983

175,190

211,658

 

33,828

147,536

172,214

MTS Repo

 

53,418

4,677,215

5,650,811

 

47,062

2,511,302

2,931,367

   

Average daily

UK equities

 

593,569

4,292

5,186

 

614,051

4,340

5,066

Italian equities

 

246,665

2,826

3,414

 

225,778

2,059

2,404

International equities

 

57,926

706

853

 

52,275

535

624

ETFs & ETCs

 

16,420

436

527

 

11,309

323

377

Securitised Derivatives

 

6,136

35

43

 

7,607

30

35

Derivatives (EDX & IDEM)

 

444,031

3,787

4,575

 

384,223

3,729

4,313

Retail Bonds

 

15,493

762

921

 

12,855

680

794

MTS Cash

 

1,681

7,963

9,621

 

1,538

6,706

7,828

MTS Repo

 

2,428

212,601

256,855

 

2,139

114,150

133,244

         
   

January to June 2010

 

January to June 2009

   

Totals

   

Trades

Value Traded £m

Value Traded €m

 

Trades

Value Traded £m

Value Traded €m

UK equities

 

71,704,798

557,561

641,918

 

82,566,428

547,145

612,012

Italian equities

 

31,652,771

347,390

401,008

 

31,793,184

266,636

299,030

International equities

 

7,085,325

91,800

105,627

 

5,744,445

54,653

61,341

ETFs & ETCs

 

2,195,873

58,117

66,970

 

1,405,239

41,047

45,957

Securitised Derivatives

 

804,760

5,757

6,601

 

1,071,977

4,160

4,653

Derivatives (EDX & IDEM)

 

45,544,105

437,006

504,120

 

53,760,366

476,563

533,258

Retail Bonds

 

1,935,505

105,302

121,088

 

1,968,211

111,899

125,034

MTS Cash

 

223,050

1,143,372

1,311,715

 

180,086

785,709

880,424

MTS Repo

 

285,855

25,259,863

29,065,551

 

272,693

14,481,082

16,201,140

   

Average daily

UK equities

 

578,264

4,496

5,177

 

665,858

4,412

4,936

Italian equities

 

251,212

2,757

3,183

 

254,345

2,133

2,392

International equities

 

56,874

738

849

 

46,200

440

494

ETFs & ETCs

 

17,481

464

535

 

11,264

330

369

Securitised Derivatives

 

6,387

46

52

 

8,576

33

37

Derivatives (EDX & IDEM)

 

361,461

3,468

4,001

 

434,034

3,837

4,294

Retail Bonds

 

15,361

836

961

 

15,746

895

1,000

MTS Cash

 

1,770

9,074

10,410

 

1,441

6,286

7,043

MTS Repo

 

2,269

200,475

230,679

 

2,182

115,849

129,609

         

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.