Market Report - July 2007

London Stock Exchange Group PLC
07 August 2007


News Release


7 August 2007
MR73-07.07



                JULY SETS TRADES UP 96 PER CENT ON PREVIOUS YEAR



The number of electronic trades on the London Stock Exchange reached new highs
during July, with a total of 12.1 million trades carried out on SETS during the
month, an increase of 96 per cent on July 2006.  The value traded increased by
77 per cent to £191.1 billion.  The average daily number of trades was up 87 per
cent on last year to 551,447, while the average daily value traded grew 69 per
cent year on year to £8.7 billion.



On 27 July, 845,696 trades were executed on SETS, the first time that the daily
total has exceeded 800,000 trades.  Nine out of the 20 busiest trading days on
SETS have taken place since the introduction of TradElect, the Exchange's new
technology platform.  The improved latency and expanded capacity of TradElect
has enabled member firms to increase their use of SETS during the recent market
turbulence.



Included in the SETS totals was another excellent month on SETSmm, which saw a
record 3.3 million trades during the month, an increase of 150 per cent on July
last year.  The total value traded on SETSmm increased 121 per cent to £21.5
billion.



Also included in the SETS figures were 105,061 trades carried out on the IOB
during the month, an increase of 113 per cent on July last year.  The value
traded increased 131 per cent year on year to £9.1 billion.



ETF trading activity was also very strong during July.  The total number of ETF
trades increased 191 per cent on July last year to a record 48,179, while the
value traded increased 175 per cent to £3.3 billion.



July was also a very strong month on the primary market, with 39 IPOs during the
month.  There were seven UK IPOs on the Main Market, which raised a total of
£905 million, and six international IPOs from countries such as Kazakhstan,
Nigeria, Bahrain and Israel, which raised a total of £2.1 billion between them.
AIM attracted 26 IPOs during the month, raising a total of £1.1 million.



RNS, the Exchange's service for the dissemination of company news, issued 18,102
announcements during July, up 25 per cent on July last year.  Of these 6,678
were news and results announcements, representing an 85 per cent share of all
such announcements made in the UK market.



There were 22 trading days in July, one more than during July last year.



                                    - ends -



For further information, please contact:

Catherine Mattison                           Press Office   [phone]
[e-mail]



Notes to editors:



•      About the London Stock Exchange



The London Stock Exchange is the world's premier international equity exchange
and a leading provider of services that facilitate the raising of capital and
the trading of shares.



The London Stock Exchange is the most international equities exchange in the
world and Europe's largest pool of liquidity.  By the end of 2006, the market
capitalisation of UK and international companies on the London Stock Exchange's
markets amounted to £4.4 trillion, with £6.7 trillion of equity business
transacted over the year.



The London Stock Exchange is a Recognised Investment Exchange (RIE) under the
Financial Services and Markets Act 2000 and is supervised by the Financial
Services Authority.



Companies considering flotation have a choice of markets:



AIM

AIM is the London Stock Exchange's international market specifically designed
for smaller, growing companies, combining the benefits of a public flotation
with appropriate levels of regulation.



Main Market

The London Stock Exchange's Main Market for established companies seeking
international recognition is one of the world's best known, longest-established
and most liquid markets.  It is home to some of the world's largest and most
successful companies, giving them access to one of the deepest pools of capital
in the world.



Professional Securities Market

The Professional Securities Market was established in July 2005, to coincide
with the introduction of the FSA's new Listing Rules.  PSM provides a solution
for those issuers seeking to list securities in London without having to
re-state their financial information to IFRS or follow the additional
requirements of an offering to retail investors.  Debt securities or depository
receipts of any denomination may be listed on PSM on production of a prospectus
aimed at a wholesale or professional audience.



•   IPO

An IPO or Initial Public Offering is when a new company joins one of our markets
and raises capital by issuing shares.  This excludes transfers and introductions
(when companies join the market without raising money).

•   Indices

Indices are calculated and managed by FTSE Group, a world-leader in the creation
and management of global equity indices. The FTSE Group is jointly owned by the
London Stock Exchange and the Financial Times, but operates as an autonomous
company.



For information about the company or any FTSE indices, please contact
[e-mail]



•   SETS - the electronic order book

It is over eight years since the launch of SETS and the order book continues to
go from strength to strength, compressing spreads and significantly improving
liquidity. SETS has recently delivered record increases in the number of orders
entered and executed as new technology improves efficiency and fuels growth.



•   SETSmm

SETSmm is the Exchange's trading service for FTSE 250 and other leading non
order book securities.  By combining the best features of the existing SETS and
SEAQ trading services, SETSmm appeals to market users who want to trade
electronically, as well as those customers who use the market making system.



•   International Order Book (IOB)

The IOB is the Exchange's order book for the trading of international Depositary
Receipts, negotiable certificates which represent ownership of a given number of
a company's shares and can be listed and traded independently from the
underlying shares.



•   Retail Trading Figures

    Retail trading figures are available from our website at -

    www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat

    Figures are available from November 2002 to date.





JULY 2007
                                                2007                             2006
DOMESTIC EQUITY TRADING                        Month    Year to date            Month    Year to date

Equity Trading Value (£m)                    360,706       2,444,889          214,880       1,910,155
Number of Equity Trades                   13,249,184      78,394,322        6,887,706      50,956,282


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)                    410,674       2,944,673          235,556       1,927,406
Number of Equity Trades                    3,571,644      22,123,745        1,807,555      11,577,621


ORDER BOOK TRADING

Order Book Value (£m)                        191,128       1,200,181          107,721         887,952
Order Book Trades                         12,131,839      70,913,056        6,176,973      43,828,216


                                                                   July 2007                     July 2006

DOMESTIC MARKET CAPITALISATION (£bn)                                   2,053                         1,911

TOTAL NUMBER OF COMPANIES                                              3,301                         3,199
Main Market UK                                                         1,268                         1,306
Main Market International                                                333                           322
of which techMARK                                                        129                           141
AIM                                                                    1,673                         1,560
Professional Securities Market (Equity only)                              27                            11






                                                        2007                            2006
MONEY RAISED (£m)                                      Month   Year to date            Month  Year to date


Equity Money Raised:
  New issues: Main Market UK                             905          5,304            2,950         5,529
  New issues: Main Market International                2,144          9,985            3,894         6,575
  New issues:  AIM                                     1,147          4,663              664         5,671
  Further issues: Main Market UK                         207          4,992            2,969         7,555
  Further issues: Main Market International                -            527              517         1,182
  Further issues: AIM                                    759          7,039              197         3,744
  PSM (new & further, UK & International)                  -            285                -           527

COMPANIES ADMITTED                                        55            256               41           327
Debt Money Raised (£m)
  Main Market UK                                       7,878        102,994            6,948        75,391
  Main Market International                           12,674        158,578            9,929       112,923
  PSM (  PSM (UK & International)                        376          9,870              160         8,516






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