Market report - February 2008

London Stock Exchange Group PLC
06 March 2008

6 March 2008
ETR - 5

   ELECTRONIC EQUITY TRADING ACROSS LONDON STOCK EXCHANGE AND BORSA ITALIANA 
                                 UP 46 PER CENT 

A total of 21.2 million electronic equity trades were carried out on the London
Stock Exchange and Borsa Italiana during February 2008, an increase of 46 per
cent on February last year.  The total value traded was £259.5 billion (€344.4
billion), up 16 per cent on February last year.  The average daily number of
electronic equity trades increased 39 per cent to 1.0 million, while the average
daily value traded grew 10 per cent to £12.4 billion (€16.4 billion).

UK Order Book

During February the total number of electronic equity trades on the UK order
book was 14.5 million, an increase of 82 per cent year on year.  The average
daily number of trades was 691,357, up 73 per cent on February last year.

The total value traded during the month was £172.6 billion (€229.1 billion), an
increase of 24 per cent on February last year.  The average daily value traded
grew 18 per cent year on year to £8.2 billion (€10.9 billion).

Italian Order Book

The total number of trades in Italian equities during the month was flat at 5.9
million, and the total value traded was down 13 per cent on February 2007 to
€92.3 billion (£69.6 billion).

The average daily number of Italian equity trades was 281,733, and the average
daily value traded was €4.4 billion (£3.3 billion).

International Order Books

778,972 electronic trades in international equities were carried out across the
two exchanges' markets during February 2008, an increase of 27 per cent on
February last year.  The total value traded increased 29 cent compared with the
previous year to £17.3 billion (€23.0 billion).

ETF and ETCs

The value traded in ETFs and ETCs across the two markets doubled compared with
February 2007, up 103 per cent to £4.7 billion (€6.2 billion).  The total number
of trades also increased, up three per cent on last year to 148,290 trades.

Derivatives

7.5 million contracts were traded on EDX London and IDEM during February, an
increase of 36 per cent on February 2007.  The notional value traded was up 30
per cent year on year to £131.2 billion (€174.2 billion).

Separately, there were 220,577 trades in securitised derivatives during the
month, amounting to a total value traded of £1.2 billion (€1.7 billion).


                                   - Ends -


Enquiries:

Catherine Mattison         [phone]
Marta Testi                [phone]


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.  Please note that
certain securities classed as equities for the purposes of this report are
categorised separately in the monthly key figures published by Borsa Italiana.

There were 21 trading days on both the London Stock Exchange and Borsa Italiana
during February 2008, one more than during February 2007.

During February, the average daily number of trades on SETS - covering all
equity based order book trading on the London Stock Exchange - was 716,831.
This was an increase of 73 per cent on February 2007.   The average daily value
traded on SETS during the month was £9.0 billion, an increase of 21 per cent on
February 2007.

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



The February 2008 value traded figures use a €:£ exchange rate of 1.3269.  The
exchange rate used for February 2007 was 1.4843.


                      BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING

                                             February 2008                              February 2007


                                                                     Totals

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

        UK equities                14,518,503    172,629.2    229,072.7         7,988,758    139,371.5  206,874.8
      Italian equities              5,916,394     69,563.6     92,308.5         5,924,388     71,171.1  105,642.1
   International equities             778,972     17,338.1     23,007.0           613,097     13,469.2   19,992.7
        ETFs & ETCs                   148,290      4,681.8      6,212.5           143,531      2,305.9    3,422.6
  Securitised Derivatives             220,577      1,249.6      1,658.2           459,745      4,983.5    7,397.2
  Derivatives (EDX, IDEM)           7,509,335    131,264.9    174,183.8         5,532,224    101,190.6  150,201.4

                                                                  Average daily

        UK equities                   691,357      8,220.4     10,908.2           399,438      6,968.6   10,343.7
      Italian equities                281,733      3,312.6      4,395.6           296,219      3,558.6    5,282.1
   International equities              37,094        825.6      1,095.6            30,655        673.5      999.6
        ETFs & ETCs                     7,061        222.9        295.8             7,177        115.3      171.1
  Securitised Derivatives              10,504         59.5         79.0            22,987        249.2      369.9
  Derivatives (EDX, IDEM)             357,587      6,250.7      8,294.5           276,611      5,059.5    7,510.1

                                       January to February 2008                    January to February 2007


                                                                     Totals

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

        UK equities                33,961,956    398,153.4    530,696.6        16,444,183    285,919.3  42,7812.2
      Italian equities             13,188,476    160,096.8    213,390.6        11,649,949      140.935    210.819
   International equities           1,724,521     38,759.3     51,656.5         1,368,195     29,242.8   43,773.4
        ETFs & ETCs                   343,915     10,289.5     13,712.6           281,167      4,637.3    6,937.6
  Securitised Derivatives             504,423      3,609.1      4,813.8           984,526     11,393.0   17,060.2
  Derivatives (EDX, IDEM)           5,536,920    170,960.6    227,848.7         5,008,181    148,700.7  222,433.6

                                                                  Average daily

        UK equities                   789,813      9,259.4     12,341.8           391,528      6,807.6   10,186.0
      Italian equities                306,709      3,723.2      4,962.6           277,380      3,355.6    5,019.5
   International equities              40,105        901.4      1,201.3            32,576        696.3    1,042.2
        ETFs & ETCs                     7,998        239.3        318.9             6,694        110.4      165.2
  Securitised Derivatives              11,731         83.9        111.9            23,441        271.3      406.2
  Derivatives (EDX, IDEM)             372,604      6,421.1      8,555.9           255,773      4,726.6    7,069.9

  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