Monthly Market Report - August 2011

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community, offering international business unrivalled access to Europe’s capital markets. In August a total of 42.9 million trades were carried out across the Group’s electronic equity order books with a combined value of £259.3 billion (€295.8 billion), up 73 per cent on August 2010 (£150.1 billion).

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £6.2 billion (€7.0 billion), up 53 per cent year on year; the average daily number of trades was up 69 per cent to 888,621.

The LSE’s share of trading in the total UK order book for August was 60.0 per cent.

Italian Equities Order book

On the Italian order book, the average daily number of trades was 334,541, up 62 per cent on the same month last year, whilst the average daily value traded on the order book increased 32 per cent year on year to €3.2 billion (£2.8 billion).

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in August was €2.9 billion (£2.5 billion) up 189 per cent on the same month last year. The average daily number of trades was up 202 per cent at 664,672.

On the dark mid-point book, Turquoise traded an average daily value of €218 million (£191 million), up 11 per cent on August 2010.  There were an average daily total of 32,175 trades, an increase of 10 per cent year on year.

Turquoise share of Pan European trading for August was 6.3 per cent.

Derivatives

On the Group’s derivatives platforms, the total number of contracts traded was 7.9 million, up 53 per cent compared with August 2010.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group’s order books in August was up 110 per cent year on year to £16.9 billion (€19.3 billion). The total number of trades was up 63 per cent at 517,203.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up two per cent year on year at €8.8 billion (£7.7 billion). On the MTS Repo market, the average term adjusted daily value is up 21 per cent year on year at €255.4 billion (£223.9 billion).

The average daily value traded on the Group’s retail bond markets was €700 million (£614 million), down four per cent on the same month last year. The average daily number of trades was up 42 per cent at 16,988.

–ends –

For further information, please contact:

Lauren Crawley-Moore                                  +44 (0)20 7797 1222
Anna Mascioni                                               +39 027 2426 211
                                                                      newsroom@londonstockexchange.com

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.

Figures for the UK and Italian order books include cash equity trades in domestic and international equities, Exchange traded products and Securitised Derivatives.

There were 22 trading days in August 2011 on the London Stock Exchange, Turquoise and Borsa Italiana. In August 2010 there were 21 trading days on the London Stock Exchange and Turquoise and 22 on Borsa Italiana.

The August 2011 value traded figures use a € per £ exchange rate of 1.14.  The exchange rate used for August 2010 was 1.22.

About London Stock Exchange:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. 

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com

monthly market report

 

BORSA ITALIANA – LONDON STOCK EXCHANGE  ELECTRONIC ORDER   BOOK TRADING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August-11

 

August-10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trades

Value Traded

 

Trades

Value Traded

 

 

Totals

 

 

£m

€m

 

 

£m

€m

 

 

 

 

 

 

 

 

 

 

 

 

 

UK order book

 

19,549,659

135,716

154,806

 

11,059,255

84,665

102,795

 

 

Italian order book

 

7,359,901

61,705

70,385

 

4,546,283

43,985

53,403

 

 

Derivatives

 

7,874,630

73,166

83,458

 

5,140,631

51,577

62,622

 

 

Retail Bonds

 

373,726

13,503

15,402

 

262,694

13,195

16,021

 

 

MTS Cash

 

34,033

169,191

192,990

 

35,556

155,673

189,008

 

 

MTS Repo

 

64,318

4,925,339

5,618,141

 

53,248

3,833,226

4,654,053

 

 

Turquoise Integrated

 

15,287,447

57,472

65,556

 

4,848,446

17,888

21,718

 

 

Turquoise MidPoint

 

740,029

4,397

5,016

 

644,899

3,555

4,317

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Daily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UK order book

 

888,621

6,169

7,037

 

526,631

4,032

4,895

 

 

Italian order book

 

334,541

2,805

3,199

 

206,649

1,999

2,427

 

 

Derivatives

 

357,938

3,326

3,794

 

233,665

2,344

2,846

 

 

Retail Bonds

 

16,988

614

700

 

11,941

600

728

 

 

MTS Cash

 

1,547

7,691

8,772

 

1,616

7,076

8,591

 

 

MTS Repo

 

2,924

223,879

255,370

 

2,420

174,238

211,548

 

 

Turquoise Integrated

 

664,672

2,499

2,850

 

220,384

813

987

 

 

Turquoise MidPoint

 

32,175

191

218

 

29,314

162

196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January to August 2011

 

January to August 2010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trades

Value Traded

 

Trades

Value Traded

 

 

Totals

 

 

£m

€m

 

 

£m

€m

 

 

 

 

 

 

 

 

 

 

 

 

 

UK order book

 

112,030,493

837,439

961,654

 

100,899,450

835,292

971,341

 

 

Italian order book

 

51,306,504

519,351

596,584

 

46,124,384

499,424

581,026

 

 

Derivatives

 

61,767,921

593,467

680,309

 

55,477,022

545,848

635,268

 

 

Retail Bonds

 

2,731,128

110,987

127,460

 

2,482,216

133,331

154,818

 

 

MTS Cash

 

354,453

1,682,167

1,933,632

 

295,586

1,469,476

1,704,672

 

 

MTS Repo

 

491,463

39,523,017

45,384,914

 

393,753

33,488,375

38,979,282

 

 

Turquoise Integrated

 

64,022,382

254,127

291,102

 

36,865,195

154,942

180,552

 

 

Turquoise MidPoint

 

5,340,437

34,281

39,398

 

3,718,811

20,641

24,293

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Daily

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

UK order book

 

674,882

5,045

5,793

 

604,188

5,002

5,816

 

 

Italian order book

 

301,803

3,055

3,509

 

271,320

2,938

3,418

 

 

Derivatives

 

363,341

3,491

4,002

 

326,335

3,211

3,737

 

 

Retail Bonds

 

16,066

653

750

 

14,601

784

911

 

 

MTS Cash

 

2,085

9,895

11,374

 

1,739

8,644

10,027

 

 

MTS Repo

 

2,891

232,488

266,970

 

2,316

196,990

229,290

 

 

Turquoise Integrated

 

374,400

1,486

1,702

 

216,854

911

1,062

 

 

Turquoise MidPoint

 

31,231

200

230

 

21,875

121

143

 

 

 

 

 

 

 

 

 

 

 

 

 

Figures for the UK and   Italian order books include cash equity trades in domestic and international   equities, Exchange traded products and Securitised Derivatives. 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.