UK trading volumes on the London Stock Exchange continued to rise in February, with a 14 per cent increase to 2.73 million trades, compared with 2.40 million trades in the same month in 2001.
- The average number of daily trades in UK and international shares rose by 9 per cent from 180,949 in February 2001 to 197,852 in February 2002.
- 51.6 billion UK shares were traded in February, up from 45.5 billion in February 2001. This represented an increase of 13 per cent year on year.
The strong growth in trading on SETS, the Exchange's electronic order book, has continued in 2002. In February, 1.55 million trades were recorded on SETS against 0.88 million trades for the same month in 2001. Year on year, this represented a 76 per cent increase.
There were 10 new issues during February 2002, 9 of which were IPOs. The 9 IPOs were split between AIM (6) and the main market (3), raising £205 million between them.
