16.6 million electronic equity trades in September

In September, a total of 16.6 million trades were carried out across the Group’s electronic equity order books, with a combined value of £149.6 billion (€178 billion), up 16 per cent on August 2010 (£128.6 billion).

UK Order Book

During the month, the average daily value traded on the UK order book was £4.1 billion (€4.9 billion), down 11 per cent year on year; the average daily number of trades reduced nine per cent to 520,617.

Italian Order book

On the Italian order book, the average daily number of trades was 233,552, down 14 per cent on the same month last year, whilst the average daily value traded on the order book decreased 23 per cent year on year to €3.2 billion (£2.7 billion).

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in September was €1.1 billion (£956 million) down four per cent on the same month last year. The average daily number of trades was up 11 per cent at 253,639.

On the dark mid-point book, Turquoise traded an average daily value of €198 million (£166 million), up over 435 per cent on September 2009. There were a total of 725,838 trades, an increase of over 580 per cent year on year.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group’s order books in September was up nine per cent year on year to £8.9 billion (€10.6 billion). The total number of trades was also up nine per cent reaching 345,377.

Derivatives

On the Group’s derivatives platforms, the total number of contracts traded was 6,020,026, down 43 per cent compared with September 2009.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up eight per cent year on year at €11.3 billion (£9.5 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 48 per cent year on year to €274.4 billion (£230.4 billion).

The average daily value traded on the Group’s retail bond markets was €836 million (£702 million), up three per cent on the same month last year. The average daily number of trades was up five percent at 12,929.

–ends –

For further information, please contact:

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

Anna Mascioni +39 02 72426 212

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 22 trading days on the London Stock Exchange and Borsa Italiana, the same as September 2009.

The September 2010 value traded figures use a € per £ exchange rate of 1.19. The exchange rate used for September 2009 was 1.12.

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com

 

BORSA ITALIANA – LONDON STOCK EXCHANGE ELECTRONIC ORDER BOOK   TRADING

   

September 2010

 

September 2009

   

Totals

   

Trades

Value Traded £m

Value Traded €m

 

Trades

Value Traded £m

Value Traded €m

UK order book

 

11,453,571

90,794

108,106

 

12,616,122

102,012

114,447

Italian order book

 

5,138,133

58,791

70,000

 

6,006,289

81,146

91,037

International Equities

 

1,085,429

12,570

14,967

 

1,168,942

14,304

16,048

ETFs & ETCs

 

345,377

8,922

10,624

 

317,055

8,193

9,192

Securitised Derivatives

 

122,225

953

1,135

 

142,059

864

970

Derivatives (EDX &   IDEM)

 

6,020,026

76,675

91,295

 

10,582,900

107,393

120,484

Retail Bonds

 

284,444

15,450

18,395

 

271,794

15,898

17,835

MTS Cash

 

45,864

208,823

248,638

 

37,854

205,891

230,988

MTS Repo

 

54,904

5,069,867

6,036,519

 

45,105

3,641,835

4,085,761

Turquoise Integrated

 

5,580,059

21,027

25,037

 

5,042,219

23,298

26,138

Turquoise MidPoint

 

725,838

3,654

4,351

 

106,654

722

810

   

Average daily

UK order book

 

520,617

4,127

4,914

 

573,460

4,637

5,202

Italian order book

 

233,552

2,672

3,182

 

273,013

3,688

4,138

International Equities

 

49,338

571

680

 

53,134

650

729

ETFs & ETCs

 

15,699

406

483

 

14,412

372

418

Securitised Derivatives

 

5,556

43

52

 

6,457

39

44

Derivatives (EDX &   IDEM)

 

273,637

3,485

4,150

 

481,041

4,882

5,477

Retail Bonds

 

12,929

702

836

 

12,354

723

811

MTS Cash

 

2,085

9,492

11,302

 

1,721

9,359

10,499

MTS Repo

 

2,496

230,448

274,387

 

2,050

165,538

185,716

Turquoise Integrated

 

253,639

956

1,138

 

229,192

1,059

1,188

Turquoise MidPoint

 

32,993

166

198

 

4,848

33

37

   

January to September 2010

 

January to September 2009

   

Totals

   

Trades

Value Traded £m

Value Traded €m

 

Trades

Value Traded £m

Value Traded €m

UK order book

 

112,353,021

926,086

1,079,447

 

122,675,296

886,392

999,285

Italian order book

 

51,262,517

558,215

651,026

 

52,016,547

481,491

543,759

International Equities

 

10,261,374

126,674

147,467

 

8,771,450

88,880

100,510

ETFs & ETCs

 

3,176,260

83,715

97,690

 

2,226,897

62,045

70,008

Securitised Derivatives

 

1,142,604

8,123

9,438

 

1,478,053

6,463

7,293

Derivatives (EDX &   IDEM)

 

61,497,048

622,523

726,563

 

79,313,498

719,649

811,233

Retail Bonds

 

2,739,488

147,676

171,932

 

2,781,957

158,737

178,777

MTS Cash

 

341,450

1,678,299

1,953,310

 

284,367

1,268,683

1,432,965

MTS Repo

 

448,657

38,558,242

45,015,802

 

403,199

23,247,029

26,232,789

Turquoise Integrated

 

42,445,254

175,970

205,589

 

33,490,676

179,093

201,985

Turquoise MidPoint

 

4,444,649

24,295

28,644

 

363,214

2,242

2,575

   

Average daily

UK order book

 

594,460

4,900

5,711

 

649,076

4,690

5,287

Italian order book

 

266,992

2,907

3,391

 

272,338

2,521

2,847

International Equities

 

54,058

668

778

 

46,250

469

531

ETFs & ETCs

 

16,594

439

512

 

11,689

326

368

Securitised Derivatives

 

5,951

42

49

 

7,739

34

38

Derivatives (EDX &   IDEM)

 

320,297

3,242

3,784

 

413,964

3,760

4,239

Retail Bonds

 

14,268

769

895

 

14,565

831

936

MTS Cash

 

1,778

8,741

10,173

 

1,489

6,642

7,502

MTS Repo

 

2,337

200,824

234,457

 

2,111

121,712

137,344

Turquoise Integrated

 

221,069

917

1,071

 

174,431

933

1,052

Turquoise MidPoint

 

23,149

127

149

 

4,127

25

29

Turquoise year to date   figures for 2009, are from June-September. Figures for the UK and Italian   order books include cash equity trades in domestic and international   equities, Exchange traded products and Securitised Derivatives. For   Derivatives, the values used are notional values while “trades” refer to   contracts traded. Value traded figures for MTS Repo are term-adjusted, and   totals for MTS Cash include BondVision