19,8 million electronic 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.

For further information, please contact:

Alastair Fairbrother +44 (0)20 7797 122
Anna Mascioni +39 02 72426 212  

Download the press release with tables: VIEW PDF

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.