London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community, offering international business unrivalled access to Europe's capital markets. In December a total of 19.1 million trades were carried out across the Group's electronic equity order books with a combined value of £143.8 billion (€169.5 billion), up ten per cent on December 2009 (£131.3 billion).
UK Equities Order Book
During the month, the average daily value traded on the UK order book was £3.7 billion (€4.4 billion), unchanged year on year; the average daily number of trades increased two per cent to 466,104.
The LSE's share of trading in the total UK order book for December was 65.1 per cent.
Italian Equities Order book
On the Italian order book, the average daily number of trades was 231,585, up 16 per cent on the same month last year, whilst the average daily value traded on the order book increased 26 per cent year on year to €2.7 billion (£2.3 billion).
Turquoise Cash Equities
The average daily value traded on the Turquoise integrated book in December was €824 million (£698 million) up 15 per cent on the same month last year. The average daily number of trades was up 17 per cent at 175,600.
On the dark mid-point book, Turquoise traded an average daily value of €120 million (£102 million), up 175 per cent on December 2009. There were a total of 17,161 trades, an increase of over 189 per cent year on year.
Turquoise share of lit trading in the total UK order book for December was 5.2 per cent. For dark trading its total share was 21.0 percent.
Derivatives
On the Group's derivatives platforms, the total number of contracts traded was 6,051,176, up 19 per cent compared with December 2009.
Exchange Traded Products
Total value traded in Exchange Traded Products across the Group's order books in December was up 29 per cent year on year to £9.3 billion (€11.0 billion). The total number of trades was up 30 per cent reaching 354,330.
Fixed income
The average daily value traded on the MTS Cash markets during the month was down 28 per cent year on year at €6.8 billion (£5.8 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 41 per cent year on year to €249.0 billion (£211.2 billion).
The average daily value traded on the Group's retail bond markets was €701
million (£594 million), down one per cent on the same month last year. The
average daily number of trades was up 46 percent at 16,197.
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 21 trading days on the London Stock Exchange, the same as December 2009 and 21 trading days on Borsa Italiana, one more than the same month in 2009.
The December 2010 value traded figures use a € per £ exchange rate of
1.18. The exchange rate used for December 2009 was 1.11.
About London Stock Exchange:
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 http://www.londonstockexchangegroup.com
BORSA ITALIANA – LONDON STOCK EXCHANGE ELECTRONIC ORDER BOOK TRADING |
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December 2010 |
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December 2009 |
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Totals |
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|
|
Trades |
Value Traded £m |
Value Traded €m |
|
Trades |
Value Traded £m |
Value Traded €m |
|
UK order book |
|
9,788,179 |
77,562 |
91,450 |
|
9,635,427 |
77,912 |
86,596 |
|
Italian order book |
|
4,863,293 |
47,787 |
56,344 |
|
3,996,211 |
38,405 |
42,685 |
|
International Equities |
|
1,244,574 |
15,291 |
18,029 |
|
833,115 |
10,634 |
11,819 |
|
ETFs & Other ETPs |
|
354,330 |
9,315 |
10,983 |
|
273,694 |
7,240 |
8,047 |
|
Securitised Derivatives |
|
102,595 |
920 |
1,084 |
|
98,740 |
633 |
703 |
|
Derivatives (EDX & IDEM) |
|
6,051,176 |
64,832 |
76,442 |
|
5,073,137 |
57,976 |
64,438 |
|
Retail Bonds |
|
340,141 |
12,477 |
14,712 |
|
221,856 |
12,677 |
14,090 |
|
MTS Cash |
|
28,020 |
120,960 |
142,620 |
|
31,530 |
169,037 |
187,878 |
|
MTS Repo |
|
59,398 |
4,434,867 |
5,229,006 |
|
46,781 |
3,168,130 |
3,521,251 |
|
Turquoise Integrated |
|
4,038,804 |
16,065 |
18,942 |
|
3,302,978 |
14,135 |
15,711 |
|
Turquoise MidPoint |
|
394,708 |
2,347 |
2,767 |
|
130,688 |
865 |
961 |
|
|
|
Average daily |
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|
UK order book |
|
466,104 |
3,693 |
4,355 |
|
458,830 |
3,710 |
4,124 |
|
Italian order book |
|
231,585 |
2,276 |
2,683 |
|
199,811 |
1,920 |
2,134 |
|
International Equities |
|
59,265 |
728 |
859 |
|
40,201 |
511 |
568 |
|
ETFs & Other ETPs |
|
16,873 |
444 |
523 |
|
13,534 |
354 |
393 |
|
Securitised Derivatives |
|
4,885 |
44 |
52 |
|
4,937 |
32 |
35 |
|
Derivatives (EDX & IDEM) |
|
272,835 |
3,062 |
3,611 |
|
253,657 |
2,899 |
3,222 |
|
Retail Bonds |
|
16,197 |
594 |
701 |
|
11,093 |
634 |
704 |
|
MTS Cash |
|
1,334 |
5,760 |
6,791 |
|
1,577 |
8,452 |
9,394 |
|
MTS Repo |
|
2,828 |
211,184 |
249,000 |
|
2,339 |
158,407 |
176,063 |
|
Turquoise Integrated |
|
175,600 |
698 |
824 |
|
150,135 |
643 |
714 |
|
Turquoise MidPoint |
|
17,161 |
102 |
120 |
|
5,940 |
39 |
44 |
|
|
|
January to December 2010 |
|
January to December 2009 |
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Totals |
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|
|
Trades |
Value Traded £m |
Value Traded €m |
|
Trades |
Value Traded £m |
Value Traded €m |
|
UK order book |
|
146,161,773 |
1,193,585 |
1,390,421 |
|
157,177,362 |
1,168,917 |
1,311,264 |
|
Italian order book |
|
67,133,685 |
720,077 |
839,371 |
|
68,262,224 |
657,342 |
737,853 |
|
International Equities |
|
14,248,422 |
172,553 |
200,854 |
|
11,897,071 |
129,495 |
145,339 |
|
ETFs & Other ETPs |
|
4,309,580 |
114,196 |
133,159 |
|
3,195,797 |
86,901 |
97,453 |
|
Securitised Derivatives |
|
1,488,507 |
10,979 |
12,761 |
|
1,904,179 |
9,170 |
10,280 |
|
Derivatives (EDX & IDEM) |
|
80,016,069 |
807,735 |
942,273 |
|
105,347,805 |
963,537 |
1,080,472 |
|
Retail Bonds |
|
3,881,764 |
197,641 |
230,022 |
|
3,562,844 |
204,766 |
229,616 |
|
MTS Cash |
|
461,549 |
2,237,344 |
2,602,274 |
|
390,350 |
1,873,584 |
2,101,338 |
|
MTS Repo |
|
624,044 |
52,170,393 |
60,843,188 |
|
541,377 |
32,701,348 |
36,674,579 |
|
Turquoise Integrated |
|
46,790,168 |
175,970 |
225,011 |
|
38,682,549 |
179,093 |
229,907 |
|
Turquoise MidPoint |
|
4,911,685 |
24,295 |
31,796 |
|
508,977 |
2,242 |
3,629 |
|
|
|
Average daily |
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|
UK order book |
|
577,715 |
4,718 |
5,496 |
|
621,254 |
4,620 |
5,183 |
|
Italian order book |
|
262,241 |
2,813 |
3,279 |
|
268,749 |
2,588 |
2,905 |
|
International Equities |
|
56,149 |
681 |
792 |
|
46,964 |
511 |
574 |
|
ETFs & Other ETPs |
|
16,874 |
448 |
523 |
|
12,593 |
343 |
384 |
|
Securitised Derivatives |
|
5,815 |
43 |
50 |
|
7,497 |
36 |
40 |
|
Derivatives (EDX & IDEM) |
|
311,478 |
3,154 |
3,679 |
|
434,734 |
3,901 |
4,374 |
|
Retail Bonds |
|
15,163 |
772 |
899 |
|
14,027 |
806 |
904 |
|
MTS Cash |
|
1,803 |
8,740 |
10,165 |
|
1,537 |
7,376 |
8,273 |
|
MTS Repo |
|
2,438 |
203,791 |
237,669 |
|
2,131 |
128,745 |
144,388 |
|
Turquoise Integrated |
|
181,357 |
682 |
872 |
|
150,516 |
697 |
895 |
|
Turquoise MidPoint |
|
19,038 |
94 |
123 |
|
3,327 |
15 |
24 |
|
Turquoise year to date figures for 2009, are from June-December. 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. |
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