In total there have been 60.55 million UK and international equity trades on the London Stock Exchange in the year to the end of November, already exceeding the 56.11 million trades in the whole of 2003. Similarly the value traded to the end of November 2004 was £4,337.1 billion, compared with £3,636.0 billion traded in the whole of 2003.
During the month there were 4,013,822 equity trades on SETS, exceeding the four million mark for the first time. The average daily number of trades on SETS was a record 182,446. The total value traded on SETS during November was £78.7 billion, bringing the value traded on SETS so far this year to £813.9 billion. The average daily value traded on SETS rose 14 per cent on November 2003 to £3.6 billion.
SETSmm, the Exchange’s hybrid order book and market maker trading platform, saw a total of 375,267 order book trades, worth £4.0 billion. The average daily value traded on SETSmm was £179.90 million.
There were 9,815 ETF trades on the Exchange during November, worth a total of £534.35 million. The average daily value traded in ETFs was £24.29 million, up 56 per cent on November 2003.
On the main market there were 8 IPOs raising a total of £768.34 million. Of these, two were international IPOs, raising £109.99 million between them. AIM saw 23 IPOs raising £142.61 million between them.
There were 22 trading days in November 2004, compared with 20 trading days in November 2003.
