Market Report - April 2008

London Stock Exchange Group PLC
08 May 2008





8 May 2008

ETR - 7



          RECORD START TO YEAR WITH GROUP EQUITY TRADES UP 43 PER CENT



So far this calendar year, the average daily number of electronic equity trades
carried out on the London Stock Exchange and Borsa Italiana has been 1,076,107,
an increase of 43 per cent on the first four months of 2007 and a record for the
first four months of a year.  During April, there were 20.4 million electronic
equity trades, an increase of 38 per cent on April 2007.  The total value traded
during the month was £251.3 billion (€318.1 billion), up 10 per cent on the
previous year.  The average daily number of electronic equity trades during the
month increased by 19 per cent to 925,768 while the average daily value declined
by five per cent to £11.4 billion (€14.5 billion).



UK Order Book



During the month, the total number of trades on the UK order book was
13,806,373, up 62 per cent on April 2007.  The total value traded was £154.9
billion (€196 billion), an increase of 16 per cent on the previous year.



The average daily number of trades during the month was 627,562, up 40 per cent
on the previous year while the average daily value traded was flat at £7.0
billion (€8.9 billion).



In the first four months of this year, the average daily number of trades was
742,203, a year on year increase of 72 per cent.



Italian Order Book



The total number of equity trades on the Italian order book during April 2008
was 5,777,306, up two per cent on the same period in 2007.  The total value
traded was down 16 per cent to €102 billion (£80.6 billion).



The average daily number of trades was 262,605 and the average daily value
traded was €4.6 billion (£3.7 billion).



International Order Books



A total of 783,223 equity trades were made on the International Order Book in
April 2008, up 34 per cent on the previous year.  The total value traded during
the month was £15.9 billion (€20 billion), up 30 per cent on April 2007.



ETFs and ETCs



April saw another strong year on year increase in the number and value of ETFs
and ETCs traded across the two markets.  The total number of trades rose 44 per
cent to 126,108 and the total value traded rose by 125 per cent to £4.5 billion
(€5.7 billion).



Derivatives



8.5 million contracts were traded on EDX London and IDEM during April 2008, an
increase of 36 per cent on April 2007.  The notional value traded was up 38 per
cent to £137.7 billion (€174.2 billion).



Separately, there were 293,395 securitised derivatives trades during the month,
amounting to a total value traded of £2.1 billion (€2.7 billion).





                                    - Ends -



Enquiries:



Fiona Hurst                             [phone]

Anna Mascioni                           +39 02 72426.211





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.



There were 22 trading days on both exchanges' markets during April 2008, three
more than during April 2007.



During April, the average daily number of trades on SETS - covering all equity
based order book trading on the London Stock Exchange - was 652,098.  This was
an increase of 40 per cent on April 2007.  The average daily value traded on
SETS during the month was £ 7.7 billion (€9.8 billion), an increase of two per
cent on April 2007.



Primary market data for April will be available on the websites of London Stock
Exchange and Borsa Italiana later in the month.



The April 2008 value traded figures use a €:£ exchange rate of 1.2656. The
exchange rate used for April 2007 was 1.4648.









                      BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING

                                            April 2008                                  April 2007


                                                                    Totals

                                Trades    Value Traded     Value            Trades    Value Traded     Value
                                               £m                                          £m
                                                         Traded €m                                   Traded €m

       UK equities             13,806,373    154,854.3      195,980.9       8,542,639    133,631.1      195,739.1
     Italian equities           5,777,306     80,614.1      102,023.8       5,668,440     83,238.2      121,925.0
  International equities          783,223     15,853.4       20,063.8         586,488     12,220.9       17,900.9
       ETFs & ETCs                126,108      4,507.7        5,704.9          87,390      2,001.1        2,931.2
 Securitised Derivatives          293,395      2,127.3        2,692.3         384,186      4,557.6        6,675.9
 Derivatives (EDX, IDEM)        8,537,175    137,666.6      174,228.4       6,286,235     99,755.8      146,119.5

                                                                 Average daily

       UK equities                627,562      7,038.8        8,908.2         449,613      7,033.2       10,302.1
     Italian equities             262,605      3,664.3        4,637.4         298,339      4,381.0        6,417.1
  International equities           35,601        720.6          912.0          30,868        643.2          942.2
       ETFs & ETCs                  5,732        204.9          259.3           4,599        105.3          154.3
 Securitised Derivatives           13,336         96.7          122.4          20,220        239.9          351.4
 Derivatives (EDX, IDEM)          388,053      6,257.6        7,919.5         330,854      5,250.3        7,690.5

                                       January to April 2008                       January to April 2007


                                                                    Totals

                                Trades    Value Traded     Value            Trades    Value Traded     Value
                                               £m                                          £m
                                                         Traded €m                                   Traded €m

       UK equities             62,345,039    718,770.8      934,974.9      35,782,594    599,529.4      888,304.2
     Italian equities          24,742,148    311,128.6      403,901.1      24,176,784      315,162        466,590
  International equities        3,305,808     70,155.0       91,250.7       2,696,594     58,759.7       87,117.0
       ETFs & ETCs                623,594     20,080.8       26,056.8         476,880      9,584.5       14,202.5
 Securitised Derivatives        1,017,933      7,306.4        9,479.0       1,863,893     20,270.6       30,090.9
 Derivatives (EDX, IDEM)       31,792,348    560,398.2      726,377.3      23,944,089    456,048.9      675,143.4

                                                                 Average daily

       UK equities                742,203      8,556.8       11,130.7         431,116      7,223.2       10,702.5
     Italian equities             294,549      3,703.9        4,808.3         291,287      3,797.1        5,621.6
  International equities           39,355        835.2        1,086.3          32,489        707.9        1,049.6
       ETFs & ETCs                  7,424        239.1          310.2           5,746        115.5          171.1
 Securitised Derivatives           12,118         87.0          112.8          22,457        244.2          362.5
 Derivatives (EDX, IDEM)          378,480      6,671.4        8,647.3         288,483      5,494.6        8,134.3

For Derivatives, the values used are notional values while 'trades' refer to contracts traded








                      This information is provided by RNS
            The company news service from the London Stock Exchange