June 2018- From LSEG to the Buyside

Highlights

MiFID II

Below cumulated DVC Impacts: a breakdown by stock index in May 2018
Source: LSEG analysis on impact of MiFID II DVCs on European indexes (consolidated)

Turquoise Lit Auctions™



Source: Turquoise Analysis, single counted

Turquoise Plato Block Discovery™


Above: Monthly Average Trade Size > LIS (Source: Turquoise)

London Stock Exchange Order Book

  • LSE market share of UK lit for May was 69.3%
    • ADVT on London Stock Exchange Order Book was £6.2Bn
  • £11.5bn was traded on 31 May, the largest value traded since 16 June 2017 (£13.1bn).

London Stock Exchange Mid-Point Pegged Order

Borsa Italiana

  • Borsa Italiana share of Italian lit markets in May 2018 was 75.4%
    • ADVT on Borsa Italiana Order Books was €4.1bn
  • On 29 May, 642,457 shares were traded on Borsa Italiana, the highest daily volume since 24 June 2016

ETFs

London

  • In May, 8 ESG ETF listings on Londo Stock Exchange, which brings the total number of sustainable ETFs to 31 with £4 billion AUM.
  • WisdomTree has launched the first ETF globally (CCBO LN) to provide investors with access to the CoCo bond market, which is worth over $170 billion in Europe

Milan

  • In May, Borsa Italiana RFQ executed total turnover of €424.5mn with an average trade size of €7.5mn
  • First Trust listed its first first Blockchain ETF (Indxx Blockchain Index) and Candriam Investors Group listed five new ESG Smart Beta ETF's. ​​​​​

Derivatives


Source: Borsa Italiana Analysis

Primary Markets

  • 9 IPOs on London Stock Exchange markets in May, raising £1.63bn
    • 5 on Main Market and 4 on AIM
  • 2 IPOs on AIM Italia in March, raising €75mn
  • NB AURORA SICAF RAIF was the first vehicle to list on Borsa Italiana MIV (Market for Investment Vehicles) following the new regulatory framework on Alternative Investment Funds raising € 150 mn.

ESG Initiatives

Borsa Italiana will host the second edition of ‘Italian Sustainability Day 2018: Sustainability, Growth, and Innovation’. The event will take place on 2 July 2018, at Palazzo Mezzanotte, Piazza degli Affari 6, Milano. To register click here

Conferences & Events

LSEG & Founders Forum: Raising Capital
13 June, London Stock Exchange

EuroHedge Summit 2018
19-20 June​​​​​​, London

LSEG Buy-side Roadshow
20-22 June, Bruelles and Amsterdam

Capital Markets in the Visegard Countries
25 June, London Stock Exchange

Turquoise Custumer Round Table
4 July, London Stock Exchange

Italian Sustainability Day
2 July, Borsa Italiana

LSEG Beijing Capital Markets Conference - 10th Anniversary
10 July, Beijing

Did you know that...

....FTSE Russell have published the first of its annual reports tracking investment trends in the transition to a green economy.
The report looks into the data to dispel the misconceptions of the size and attributes of the global green economy.