Reported flow on the PLUS stock exchange showed a year on year increase of 187 per cent for the month of November at 7.89 billion shares. The exchange, a dominant venue in retail flow, continues to attract substantial retail business and although November volumes did not match the previous month’s record high the general trend continues to be very strong.
November highlightsNovember saw PLUS capture the majority of trades in some 800 stocks which include listed securities, such as FTSE Fledgling, FTSE Smallcap and AIM stocks. Notable examples are given below:
On-exchange trades (data from Netbuilder)
Stock |
Market
Share % |
|
FTSE
Fledgling |
COSALT
PLC ORD |
59.68% |
FTSE
Smallcap |
HANSA
CF |
61.60% |
AIM |
ULTRASIS
ORD |
78.48% |
AIM |
AVANTI
COMMUNICATIONS GROUP ORD |
72.51% |
AIM |
ANGEL
BIOTECH ORD |
70.13% |
AIM |
FRONTIER
MINING ORD |
68.52% |
AIM |
NOSTRA
TERRA OIL AND GAS COMPANY ORD |
65.64% |
AIM |
PHYSIOMICS
ORD |
64.83% |
AIM |
BEACON
HILL RESOURCES PLC ORD 0.01P |
60.36% |
PLUS also saw significant volume market share in some FTSE 100 stocks:
FTSE 100 stocks |
Market Share % by volume (November
2009)* |
CAPITA GROUP |
4.11% |
ROYAL BANK OF SCOT |
6.22% |
SERCO GROUP ORD |
7.69% |
Cyril Therét, Business Development Director, comments: “As regularly seen in our monthly numbers, one of the solidly encouraging factors for the PLUS stock exchange is our continuing success in attracting UK retail flow across the whole range of equities from the smallest to the largest cap companies. It’s clear that retail activity is back, and while initial pre and post MiFiD phase centered around MTFs / lit venues, followed by dark pools, focus is now rightly going back to the importance of the retail community in the UK equity markets.”
Background
PLUS Markets is an international retail-focused stock exchange based in London, with “Recognised Investment Exchange” status, and classed as a Market Operator under MiFID. Its offering includes the full range of stock exchange activities, namely: trading execution, the provision of proprietary market data and listing/quotation destinations. PLUS currently trades over 9,000 securities on its platform including London-listed shares (including the FTSE 100), European liquid shares, and unlisted shares quoted on the AIM and PLUS markets.
Month |
Bargains |
Trade value |
Number of shares |
June 2009 |
685,759 |
£4,869.79m |
5,484.06m |
July 2009 |
619,738 |
£4,696.51m |
4,850.01m |
August 2009 |
865,275 |
£6,500.76m |
8,524.31m |
September 2009 |
655,575 |
£3,425.57m |
9,973.20m |
October 2009 |
601,009 |
£3,196.36m |
11,098.97m |
November 2009 |
463,395 |
£
2,767.27m |
7,891.53m |