The total number of UK and international trades on the Exchange increased by 8 per cent in May 2002, up to 4.2 million trades compared with 3.9 million in May 2001. The average daily number of trades in UK and international shares increased by four per cent from 184,254 in May 2001 to 191,916 in May 2002.
The number of trades on SETSTM, the Exchange's electronic order book, grew 48 per cent in May 2002 to 1.72 million trades compared with 1.16 million in May 2001. The average daily number of trades rose 41 per cent from 55,338 in May 2001 to 78,123 in May 2002.
There were 30 new issues during May 2002, 19 of which were IPOs. The IPOs were split between AIM (13) and the main market (6), raising £1.4 billion between them.