July 2018- From LSEG to the Buyside

Highlights

• • Record monthly value traded in Turquoise Lit Auctions™
  • Record single trade value in Turquoise Plato Block Discovery™
  • €463mln value traded through Borsa Italiana ETFplus RFQ
  • £598.9mln value traded through LSE Mid-Point Pegged Orders

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  Turquoise Lit Auctions™

  • Record €1.23bn traded through Turquoise Lit Auctions™ in June (up 33% on previous month)
  • In May- June, 8% of value traded was above LIS
  • 20 members now connected

  To note:

  • 18.2% of the trades were matched same member
  • 1.5% of the trade were matched with same member both side in max 100ms
  • 0.06% of the trades were matched with same member both side in max 100ms same order side

  Turquoise Plato Block Discovery™

  • €7.23bn value traded in June on Turquoise Plato Block Discovery™
  • RECORD: €17.4 mn Max trade size in FRESENIUS on June 28
  • In June, more than 85% of the monthly value traded was above LIS

  
  
  
  Source: Turquoise Analysis, single counted

  • Trading is fairly consistent throughout the day but with a prominent overweighting in the early morning session.
  • This complements Primary Exchanges where there is a relative peak ahead of closing auction at end of day.

  
  
  Source: Turquoise Analysis, single counted
  
  London Stock Exchange

  • LSE Market Share of UK Lit was 70.3%
  • ADVT on London Stock Exchange Order Book was £6.28Bn
  • %33 of ADVT was traded on Closing Auctions

  
  London Stock Exchange Mid-Point Pegged Order

  • £598mln monthly traded through LSE Mid-Point Pegged Orders in June 2018
  • Total value traded through in H1 2018 through LSE Mid-Point Pegged Orders was £3.2bn
  • x 3.3 higher than total value traded in 2017 (£972.3m)

  Borsa Italiana

  • Borsa Italiana share of Italian lit markets in June 2018 was 75.6%
  • ADVT on Borsa Italiana Order Books was €3.23bn

  ETFs
  London

  • 17 new ETFs were listed in June 2018, making a total of 188 new ETPs listings in 2018

  Milan

  • 12 new ETFs listed on June 2018, for a total of 842 ETFs listed on ETFplus market
  • In May, ETFPlus was the second largest exchange for turnover with 526 € millions daily average in the month up 20.1% compared to May 2017.
  • In June, Borsa Italiana RFQ executed total turnover of €463mn
  • Average Trade Size was €7.35mln

  
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  Derivatives

  • 222,820 record number of Interetest rate derivatives contracts exchanged in June on CurveGlobal

  Primary Markets

  • 12 IPOs on London Stock Exchange markets in June , raising £1.08bn
  • 2 on Main Market and 10 on AIM
  • 3 IPOs on Borsa Italiana raising 294.7mln
  • 2 IPO on MTA and 1 on AIM
  • Triboo transited from AIM Italia to MTA