July 2018- From LSEG to the Buyside

Highlights

  • ​​​
    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

    Borsa Italiana

    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



    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
Conferences & Events

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

Italian Equity Week
4-6 Sept, Milan
International Trader Forum,
5-7 Sept, Rome

CSTA Conference,
16-18 August, Quebec City

International Trader Forum,
5-7 Sept, Rome

Rosenblatt's 11th Annual Global Exchange Leader Conference
27 Sept, New York

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