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PLUS Markets Group today announced continuing strong trading for May. Reported flow on the exchange remained robust at 929,510 bargains, up 184.21% against the same month last year. Trade value increased by 142% at £6.14 billion, while volumes rose 302% to a total of 6.19 billion versus May 2008.
With only 19 trading days in the month, PLUS reached a number of new highs: on May 7th, PLUS had a record 81,055 reported trade flow. Average daily trade value for May was also the highest ever at £323.1million.
Market share stays strong
PLUS displayed good market share penetration in UK equities, not only in core small and mid-caps but also consistently in large-caps. In the Thomson Reuters April 2009 market share report, PLUS once again attracted significant reported flow with almost 8% in total UK equities.
PLUS continues to maintain a steady position in the large-caps with 6.8% of FTSE 100 trading by volume according to Thomson Reuters. Furthermore in two consecutive months, PLUS captured over 30% of trade value in one of the market’s most active stocks, Royal Bank of Scotland (RBS).
|
Name |
Market Share % in Value (May 2009) |
Market Share % in Value (April 2009) |
Market Share % in Value (March 2009) |
|
ROYAL BANK OF SCOTLAND
GROUP |
30.37% |
30.18% |
23.03% |
|
LLOYDS BANKING GROUP |
22.21% |
26.88% |
23.48% |
|
BARCLAYS |
13.13% |
18.62% |
18.74% |
Business Development Director, Cyril Théret said: “We are very pleased with our growing market share - it validates our market as a premier venue in the exchange and MTF landscape. Our trading activity is seeing consistent performance.”
PLUS Markets is an independent stock exchange 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 7,500 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 |
|
December 2008 |
439,603 |
£2,546.84
m |
2,420.83
m |
|
January 2009 |
781,485 |
£3,781.31
m |
4,994.16
m |
|
February 2009 |
708,943 |
£3,731
m |
5,196.82
m |
|
March 2009 |
909,511 |
£4,975.94
m |
6,394.37
m |
|
April 2009 |
1,048,050 |
£6,439.28
m |
7,736.81
m |
|
May 2009 |
929,510 |
£6,139.46
m |
6,194.92
m |
