LSEG: Monthly Market Report - July 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 July a total of 29 million trades were carried out across the Group’s electronic equity order books with a combined value of £195.8 billion (€221.3 billion), up 16 per cent on July 2010 (£169.5 billion).

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £4.4 billion (€5.0 billion), up two per cent year on year; the average daily number of trades was up six per cent to 611,941.

The LSE’s share of trading in the total UK order book for July was 62.2 per cent.

Italian Equities Order book

On the Italian order book, the average daily number of trades was 310,027, up 30 per cent on the same month last year, whilst the average daily value traded on the order book increased 21 per cent year on year to €3.3 billion (£2.9 billion).

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in July was €2.1 billion (£1.8 billion) up 88 per cent on the same month last year. The average daily number of trades was up 78 per cent at 434,180.

On the dark mid-point book, Turquoise traded an average daily value of €193 million (£171 million), down 11 per cent on July 2010.  There were an average daily total of 25,709 trades, a decrease of 22 per cent year on year.

Turquoise share of Pan European trading for July was 5.9 per cent.

Derivatives

On the Group’s derivatives platforms, the total number of contracts traded was 7.1 million up 49 per cent compared with July 2010.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group’s order books in July was up 24 per cent year on year to £10.6 billion (€12 billion). The total number of trades was up nine per cent at 347,478.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up one per cent year on year at €9.3 billion (£8.3 billion). On the MTS Repo market, the average term adjusted daily value is up 15 per cent year on year at €274.2 billion (£242.6 billion).

The average daily value traded on the Group’s retail bond markets was €805 million (£712 million), up six per cent on the same month last year. The average daily number of trades was up 72 per cent at 20,623.

–ends –

For further information, please contact:

Lauren Crawley-Moore                                  +44 (0)20 7797 1222

Anna Mascioni                                               +39 027 2426 211  

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 21 trading days in July 2011 and 22 trading days in July 2010 on the London Stock Exchange, Turquoise and Borsa Italiana.

The July 2011 value traded figures use a € per £ exchange rate of 1.13.  The exchange rate used for July 2010 was 1.20.