Market Report September 2006

London Stock Exchange Group PLC
10 October 2006

News Release





10 October 2006
MR63-9.06

                      SEPTEMBER SETS TRADES UP 52 PER CENT
  • Rate of growth in SETS trades has nearly doubled since last year


During September 2006 the average daily number of trades on SETS increased 52
per cent on September 2005 to 313,188 trades.  This is nearly double the 27 per
cent growth between September 2004 and September 2005.  The acceleration in
trading continues to reflect the secular shift in equity trading which is being
facilitated by the roll-out of TRM, the Exchange's next generation technology
platform.


In total there were 6.6 million trades on SETS during September 2006.  The total
value traded was £120.8 billion, reflecting a 29 per cent increase in the
average daily value traded during the same period last year to £5.8 billion.


Included within the SETS figures, SETSmm had another very strong month.  The
average daily number of trades increased 103 per cent on September last year to
69,327, while the average daily value traded increased 79 per cent to £530.4
million


The International Order Book also had another very good month, with an 81 per
cent increase in the average daily value traded to £231.6 million, and an
increase of 58 per cent in the average daily number of trades.

The total number of UK trades was up 42 per cent on September last year, to an
average of 352,115 trades per day, while the value traded in UK equities
increased 18 per cent to £11.7 billion.

The total number of trades in ETFs increased 72 per cent year on year to an
average 797 trades daily, while the average daily value traded increased 65 per
cent to £53.2 million, or a total of £1.1 billion for the month as a whole.


There were two IPOs on the Main Market during September, which raised £292.0
million between them.  There were 12 IPOs on AIM, raising £283.2 million between
them, including two IPOs by international companies, which raised a total of
£153.6 million.


RNS, the Exchange's service for the dissemination of company news, transmitted
13,672 announcements during September.  This total included 1,045 results
announcements, the first time more than a thousand results announcements have
been transmitted by RNS in a single month.


There were 21 trading days in September 2006, one fewer than in September 2005.


                                    - 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 by trading
in the world and Europe's largest pool of liquidity.  By the end of 2005, the
market capitalisation of UK and international companies on the London Stock
Exchange's markets amounted to £4.1 trillion, with £5.2 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 a
wholly 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 service continues to go
from strength to strength. Overall, the market is benefiting from tighter
spreads and greater liquidity. Usage of SETS continues to grow, as shown by
recent record increases in the number of orders entered, the number of firms
using the order book and order book share of business.



•         SETSmm



SETSmm is the Exchange's successful 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.



 LONDON STOCK EXCHANGE - MONTHLY FACTSHEET FIGURES
 2006

                                         September 2006                  September 2005
DOMESTIC EQUITY TRADING                 Month        Year to date        Month        Year to date

Equity Trading Value (£m)                   246,204      2,384,016            217,841     1,835,991
                                                            
Number of Equity Trades                    7,394,423    65,398,496          5,458,724    46,580,232


INTERNATIONAL EQUITY TRADING

Equity Trading Value (£m)                     287,015    2,482,795            254,890     1,930,206
                                                                
Number of Equity Trades                    1,879,459    15,282,634          1,727,236    12,925,747


ORDER BOOK TRADING

Order Book Value (£m)                         120,780     1,119,456            97,899        760,528
                                                               
Order Book Trades                           6,576,945    56,694,220          4,524,564     37,710,911


                                                           September 2006           September 2005

DOMESTIC MARKET CAPITALISATION (£bn)                              1,916                    1,766

TOTAL NUMBER OF COMPANIES                                            3,212                           3,013
Main Market UK                                                       1,292                           1,368
Main Market International                                              315                             334
of which techMARK                                                      141                             148
AIM                                                                  1,590                           1,311
Professional Securities Market (Equity only)                            15                             -


                                                      September 2006                    September 2005
MONEY RAISED (£m)                                      Month           Year to          Month        Year to date
                                                                       date


Equity Money Raised:
  New issues: Main Market UK                               292        5,858                -         3,003
  New issues: Main Market International                     -         6,575                -         3,077
  New issues:  AIM                                         343        6,344              394         3,392
  Further issues: Main Market UK                         1,001        9,847              816         5,690
  Further issues: Main Market
International                                                -        1,243                -           325
  Further issues: AIM                                       81        3,994               79         1,561
  PSM (new & further, UK & International)                    -          527                -             -

COMPANIES ADMITTED                                          37         395                34           458

Debt Money Raised (£m)
  Main Market UK                                        21,148      106,522           15,042        97,795
  Main Market International                             23,031      142,568           20,386        99,903
  PSM (  PSM (UK & International)                          120        9,274               -              -


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