Market Report April 2010

RNS Number : 6386L
London Stock Exchange Group PLC
10 May 2010
 



10 May 2010

ETR - 31

 

EQUITY VALUE TRADED UP TWO PER CENT IN APRIL

- Continued strong performance on the Group's government bond trading platform, MTS

 

In April, the average daily value traded across London Stock Exchange Group's equity markets was £7.7 billion (€8.8 billion), up two per cent on last year. 16.0 million equity trades were carried out across the Group's electronic order books, with a combined value of £153 billion (€175 billion), also up two per cent per cent on April 2009. The average daily number of trades was 802,118, 24 per cent lower than the same month last year.

 

UK Cash Equities

The average daily value traded on the UK equity order book was £4.1 billion (€4.7 billion) a decrease of eight per cent year on year, while the average daily number of trades was down 27 per cent at 509,596.

           

Italian Cash Equities

During April, the average daily number of trades in Italian equities was 237,784, down 23 per cent on the same month last year. The average daily value traded during the month was up eight per cent at €3.2 billion (£2.8 billion).

 

International Cash Equities

Total value traded in international equities increased 63 per cent on April 2009 to £14.6 billion, while the average daily value traded was also up 63 per cent year on year, totalling £731 million (€836 million). The average daily number of trades was 54,738, up 16 per cent on last April.

 

 

ETFs and ETCs

Trading in ETFs and ETCs saw the average daily number of trades up 50 per cent year on year, totalling 18,655. The average daily value traded was up 40 per cent to £480 million (€549 million).

 

Included in the strong monthly performance was a new single day record for both turnover and number of trades on ETFPlus on 28 April, with 29,691 trades and a value of £677 million (€778 million).

 

Derivatives

The average daily number of contracts traded on the Group's derivatives markets was down 38 per cent on April 2009. The average daily notional value traded was £3.2 billion, (€3.6 billion) down 13 per cent.

 

On 19 April FTSE MIB Dividend futures was launched, widening the range of products now available on IDEM.

 

On April 28, FTSE MIB mini futures standard contracts recorded all time highs with 26,837 standard contracts traded. On the same day, the number of IDEM equity derivatives recorded all time highs of 63,266 trades and FTSE MIB futures trades recorded the highest level of the year with 31,226 trades.

 

Fixed income

Trading on the MTS Cash markets continued to show strong growth, with the average daily value traded during the month up by 44 per cent year on year at €10.8 billion (£9.5 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 78 per cent year on year to €253.9 billion (£222.0 billion).

 

The average daily value traded during April on the Group's retail bond markets was €961 million (£841 million), down 14 per cent on the same month last year. The average daily number of trades was down six per cent at 15,156.

 

-ends -

 

 

For further information, please contact:


Alastair Fairbrother +44 (0)20 7797 1222

Anna Mascioni +39 02 72426 212  

 

 

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 20 trading days on the London Stock Exchange and on Borsa Italiana during April 2010, the same as last year.

 

During April, the average daily number of trades on SETS - covering all equity based order book trading on the London Stock Exchange - was 548,681 down 25 per cent on April 2009.  The average daily value traded was £4.8 billion, a decrease of 2 per cent year on year.

 

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

 

The April 2010 value traded figures use a € per £ exchange rate of 1.14. The exchange rate used for April 2009 was 1.11.

 

BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING



April 2010


April 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK equities


10,191,911

82,671

94,529


13,911,707

89,753

99,997

Italian equities


4,755,686

55,912

63,932


6,214,086

51,756

57,663

International equities


1,094,753

14,617

16,714


944,085

8,969

9,992

ETFs & ETCs


373,103

9,608

10,986


249,272

6,884

7,670

Securitised Derivatives


126,662

1,051

1,202


194,142

620

690

Derivatives (EDX & IDEM)


6,774,947

63,408

72,504


10,958,440

73,230

81,588

Retail Bonds


303,128

16,816

19,228


323,961

20,090

22,383

MTS Cash


37,134

189,727

216,941


30,690

135,415

150,870

MTS Repo


45,565

4,440,514

5,077,455


43,466

2,553,871

2,845,348



Average daily

UK equities


509,596

4,134

4,726


695,585

4,488

5,000

Italian equities


237,784

2,796

3,197


310,704

2,588

2,883

International equities


54,738

731

836


47,204

448

500

ETFs & ETCs


18,655

480

549


12,464

344

383

Securitised Derivatives


6,333

53

60


9,707

31

35

Derivatives (EDX & IDEM)


338,747

3,170

3,625


547,922

3,661

4,079

Retail Bonds


15,156

841

961


16,198

1,005

1,119

MTS Cash


1,857

9,486

10,847


1,535

6,771

7,543

MTS Repo


2,278

222,026

253,873


2,173

127,694

142,267








January to April 2010


January to April 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK equities


44,066,717

350,280

396,173


56,193,753

367,490

405,388

Italian equities


19,166,091

196,791

222,730


20,835,196

157,460

173,931

International equities


4,384,761

58,544

66,185


3,554,259

32,448

35,804

ETFs & ETCs


1,365,092

35,338

39,996


887,254

26,690

29,465

Securitised Derivatives


502,748

4,104

4,640


711,647

2,749

3,034

Derivatives (EDX & IDEM)


24,526,994

252,594

285,525


36,501,378

311,170

343,145

Retail Bonds


1,227,640

68,811

77,820


1,363,110

76,858

84,867

MTS Cash


154,584

816,408

922,989


114,346

501,435

553,607

MTS Repo


185,249

16,625,205

18,797,731


184,280

9,777,059

10,790,567



Average daily

UK equities


530,924

4,220

4,773


677,033

4,428

4,884

Italian equities


230,917

2,371

2,683


251,026

1,897

2,096

International equities


52,828

705

797


42,822

391

431

ETFs & ETCs


16,447

426

482


10,690

322

355

Securitised Derivatives


6,057

49

56


8,574

33

37

Derivatives (EDX & IDEM)


295,506

3,043

3,440


439,776

3,749

4,134

Retail Bonds


14,791

829

938


16,423

926

1,022

MTS Cash


1,862

9,836

11,120


1,378

6,041

6,670

MTS Repo


2,232

200,304

226,479


2,220

117,796

130,007






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.

 


This information is provided by RNS
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