Market report - October 2007

London Stock Exchange Group PLC
05 November 2007


5 November 2007
ETR - 1

    19.1 million electronic equity trades on Borsa Italiana and London Stock
                              Exchange in OCTOBER

During October 2007, there were 19.1 million electronic order book trades with a
combined value of £299.6 billion (€429.7 billion) on the cash markets of Borsa
Italiana and the London Stock Exchange - more than on any other European
exchange.  The average daily number of order book trades increased 46 per cent
to 832,156 while the average daily value traded rose 34 per cent to £13.0
billion (€18.7 billion).

In the first ten months of 2007, the average daily number of electronic order
book trades on the cash markets of the two exchanges was 814,297, an increase of
54 per cent on the first ten months of 2006.  Meanwhile, the average daily value
traded on the exchanges' cash markets during the same period was £12.7 billion
(€18.6 billion), up 41 per cent on the average of £9 billion (€13.1 billion) in
the first ten months of 2006.

UK Order Book

The average daily number of order book trades in UK equities reached 552,715
during October 2007, a 71 per cent increase on October 2006.  The average daily
value traded during the month increased 34 per cent year on year to £7.8 billion
(€11.2 billion).

So far this year, the number of order book trades in UK equities has increased
72 per cent to 107.0 million while the value traded has risen 40 per cent to
£1.7 trillion.  This growth has been facilitated by the introduction of the new
trading platform, TradElect, in June.  The top ten busiest days by volume and
seven of the top ten busiest days by value traded in the UK order book have
taken place since the launch of TradElect.  Further upgrades to the platform
were carried out during October.

Italian Order Book

The average daily number of trades in Italian equities was 258,045 during
October 2007, up 7 per cent on October 2006.  Meanwhile the average daily value
traded rose 23 per cent to €6.6 billion (£4.6 billion).

Based on trading between January and October 2007, the average number of trades
in Italian equities each day has been 291,368 per day, an increase of 29 per
cent over the same period last year. At the same time, the average value traded
each day has been €6.3 billion (£4.3 billion), up 44 per cent on the first ten
months of 2006.

International Order Books

During October 2007, there were 492,118 electronic trades in international
securities across both markets, an increase of 160 per cent on October 2006.
The total value traded increased 107 per cent to £15.2 billion (€21.7 billion).

The average daily number of international trades during the month was 21,396, up
149 per cent on the average for October 2006.  The average daily value traded
was £659.0 million, up 98 per cent on October last year.

ETFs and ETCs

The number of ETFs and ETC trades on the exchanges' markets more than doubled to
206,048 during the month, up 181 per cent from 73,233 during October 2006.  Over
the same period, the value traded rose 103 per cent to £3.5 billion (€5.0
billion).

Derivatives

During the month, there were 7.9 million contracts traded across EDX and IDEM
with a notional value of £114.7 billion (€164.6 billion).  The average daily
number of contracts increased 43 per cent year on year to 342,228 while the
notional value traded increased 32 per cent to £5.0 billion (€7.2 billion).

Separately, there were 365,295 trades in securitised derivatives (including
covered warrants and certificates) during the month.  The total value traded in
securitised derivatives was £4.4 billion (€6.3 billion).  In the first ten
months of the year, the total number of contracts traded has risen 18 per cent
to 4.3 million, while the value has increased 54 per cent to £54.7 billion
(€80.5 billion).

                                   - Ends -


Enquiries:

Catherine Mattison                     [phone]
Anna Mascioni                          [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.

There were 23 trading days on both exchanges' markets during October 2007, one
more than during October 2006.  So far this year, there have been 212 trading
days on the London Stock Exchange, one more than during 2006, while the number
of trading days on Borsa Italiana has been the same as the previous year at 213.

During October, the average daily number of trades on SETS - covering all equity
based order book trading on the London Stock Exchange - was 573,767, up 73 per
cent on October 2006.   The average daily value traded on SETS during the month
was £8.5 billion, an increase of 37 per cent on October 2006.

Primary market data for October will be available on the websites of London
Stock Exchange and Borsa Italiana later in the month.  In addition, a separate
primary market report will be published quarterly.

The October value traded figures use a €:£ exchange rate of 1.4341.  The total
value traded year to date uses an average exchange rate for each month.


                                     BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING

                                            October 2007                                  October 2006

                                                                    Totals
                                                                                        
                                            Value Traded       Value                      Value Traded      Value
                                 Trades          £m          Traded €m       Trades           £m         Traded €m      
                       
                                                                                            
       UK equities             12,712,443      179,297        257,130       7,104,044      128,317        191,948
     Italian equities           5,935,035      105,150        150,797       5,286,477       78,321        117,160
  International equities          492,118       15,156         21,735         189,002        7,321         10,952
       ETFs & ETCs                206,048        3,519          5,047          73,233        1,734          2,594
 Securitised Derivatives          365,295        4,383          6,285         394,938        4,269          6,386
 Derivatives (EDX, IDEM)        7,871,253      114,744        164,555       5,279,231       83,033        124,208

                                                                 Average daily

       UK equities                552,715        7,796         11,180         322,911        5,833          8,725
     Italian equities             258,045        4,572          6,556         240,294        3,560          5,325
  International equities           21,396          659            945           8,591          333            497
       ETFs & ETCs                  8,959          153            219           3,329           79            118
 Securitised Derivatives           15,882          191            273          17,952          194            290
 Derivatives (EDX, IDEM)          342,228        4,989          7,155         239,965        3,774          5,646

                                      January to October 2007                     January to October 2006

                                                                    Totals

                                            Value Traded       Value                      Value Traded      Value
                                 Trades          £m          Traded €m       Trades           £m         Traded €m      
       UK equities            107,012,882    1,655,663      2,434,837      62,340,543    1,185,204      1,732,885
     Italian equities          62,061,410      919,153      1,351,344      48,105,583      643,724        940,853
  International equities        3,848,759      118,345        173,904       1,615,415       68,615        100,358
       ETFs & ETCs              1,224,513       27,632         40,599         696,375       14,156         20,709
 Securitised Derivatives        4,323,737       54,670         80,549       3,664,278       35,472         51,904
 Derivatives (EDX, IDEM)       66,707,934    1,223,847      1,788,161      50,781,634      833,048      1,222,605

                                                                 Average daily

       UK equities                504,778        7,810         11,485         295,453        5,617          8,213
     Italian equities             291,368        4,315          6,344         225,848        3,022          4,417
  International equities           18,151          558            820           7,833          327            478
       ETFs & ETCs                  5,752          130            191           3,272           67             98
 Securitised Derivatives           20,299          257            378          17,203          167            244
 Derivatives (EDX, IDEM)          313,957        5,753          8,405         239,499        3,918          5,751
   Exchange Rates (€/£)                         1.4341                                      1.4958

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