Market Report - November 2010

RNS Number : 4954X

London Stock Exchange Group PLC

07 December 2010

 



07 December 2010

ETR - 38

MONTHLY MARKET REPORT - November 2010

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 November a total of 24.5 million trades were carried out across the Group's electronic equity order books with a combined value of £187.2 billion (€219.6 billion), up 14 per cent on November 2009 (21.4 million trades).

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £4.5 billion (€5.3 billion), unchanged year on year; the average daily number of trades increased four per cent to 566,557.

The London Stock Exchange's share of trading in the total UK order book for November was 63.1 per cent.

Italian Equities Order book

On the Italian order book, the average daily number of trades was 277,920, up eight per cent on the same month last year, whilst the average daily value traded on the order book increased two per cent year on year to €3.4 billion (£2.9 billion).

Borsa Italiana's share of trading in the total Italian order book for November was 82.1 per cent

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in November was €1.1 billion (£977 million) up six per cent on the same month last year. The average daily number of trades was up 18 per cent at 245,198.

On the dark mid-point book, Turquoise traded an average daily value of €148 million (£127 million), up 163 per cent on November 2009.  There were a total of 481,079 trades, an increase of 182 per cent year on year.

Turquoise share of lit trading in the total UK order book for November was 4.8 per cent. For dark trading its total UK order book share was 18.2 per cent.

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 6,981,658, up 27 per cent compared with October.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in November was up 52 per cent year on year to £11.8 billion (€13.8 billion). The total number of trades was also up 39 per cent reaching 436,994.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up four per cent year on year at €12.1 billion (£10.3 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 66 per cent year on year to €237 billion (£203 billion).

The average daily value traded on the Group's retail bond markets was €1.1 billion (£923 million), up 31 per cent on the same month last year. The average daily number of trades was up 69 percent at 21,177.

-ends -

For further information, please contact:

Jonny Blostone / Lauren Crawley-Moore    [phone]

Luca Grassis                                                 [phone]  

                                                                         [e-mail]

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 22 trading days on the London Stock Exchange and Borsa Italiana, one more than November 2009.

The November 2010 value traded figures use a € per £ exchange rate of 1.17.  The exchange rate used for November 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 www.londonstockexchangegroup.com

BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING
		November 2010						November 2009
		Totals
		Trades	Value Traded £m	Value Traded €m			Trades		Value Traded £m	Value Traded €m
UK order book		12,464,254	98,366	115,673			11,486,638		94,020	104,592
Italian order book		6,114,230	64,580	75,523			5,400,103		63,645	70,801
International Equities		1,507,348	16,031	18,837			1,026,156		13,051	14,518
ETFs & Other ETPs		436,994	11,770	13,796			313,625		7,751	8,622
Securitised Derivatives		135,992	1,037	1,213			153,733		955	1,063
Derivatives (EDX & IDEM)		6,981,658	67,190	78,576			10,680,745		86,245	95,943
Retail Bonds		465,890	20,300	23,740			262,664		15,514	17,259
MTS Cash		48,515	227,527	266,084			36,079		219,386	244,054
MTS Repo		60,926	4,455,547	5,210,585			44,775		2,701,913	3,005,720
Turquoise Integrated		5,394,361	21,498	25,141			4,353,896		20,320	22,604
Turquoise MidPoint		481,079	2,786	3,258			170,868		1,062	1,181
		Average daily
UK order book		566,557	4,471	5,258			546,983		4,477	4,981
Italian order book		277,920	2,935	3,433			257,148		3,031	3,371
International Equities		68,516	729	856			48,865		621	691
ETFs & Other ETPs		19,863	535	627			14,935		369	411
Securitised Derivatives		6,181	47	55			7,321		45	51
Derivatives (EDX & IDEM)		317,349	3,054	3,572			508,607		4,107	4,569
Retail Bonds		21,177	923	1,079			12,508		739	822
MTS Cash		2,205	10,342	12,095			1,718		10,447	11,622
MTS Repo		2,769	202,525	236,845			2,132		128,663	143,130
Turquoise Integrated		245,198	977	1,143			207,328		968	1,076
Turquoise MidPoint		21,867	127	148			8,137		51	56
		January to November 2010					January to November 2009
		Totals
		Trades	Value Traded £m	Value Traded €m			Trades		Value Traded £m	Value Traded €m
UK order book		136,373,594	1,116,024	1,299,609			147,541,935		1,091,005	1,224,668
Italian order book		62,270,392	672,290	783,027			64,266,013		618,938	695,168
International Equities		13,003,848	157,262	182,915			11,063,956		118,861	133,519
ETFs & Other ETPs		3,955,250	104,881	122,207			2,922,103		79,662	89,406
Securitised Derivatives		1,385,912	10,059	11,676			1,805,439		8,537	9,577
Derivatives (EDX & IDEM)		73,964,891	742,903	865,831			100,274,668		905,561	1,016,034
Retail Bonds		3,541,623	185,163	215,311			3,340,988		192,090	215,527
MTS Cash		433,529	2,116,384	2,459,654			332,647		1,704,547	1,789,934
MTS Repo		564,646	47,735,525	55,614,183			494,596		29,533,217	33,153,328
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
UK order book		587,817	4,810	5,602			635,957		4,703	5,279
Italian order book		264,980	2,861	3,332			274,641		2,645	2,971
International Equities		55,863	676	787			47,557		512	575
ETFs & Other ETPs		16,874	449	523			12,512		342	384
Securitised Derivatives		5,898	43	50			7,716		36	41
Derivatives (EDX & IDEM)		314,744	3,161	3,684			427,438		3,864	4,335
Retail Bonds		15,071	788	916			14,278		821	921
MTS Cash		1,845	9,006	10,467			1,422		7,284	7,649
MTS Repo		2,403	203,130	236,656			2,114		126,210	141,681
Turquoise Integrated		199,107	749	957			164,607		762	978
Turquoise MidPoint		20,901	103	135			3,885		17	28
Turquoise year to date figures for 2009, are from June-November. 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.

 

END

 

 

MSCZMMGZGNNGGZM