Market Report April 2011 - Replacement

RNS Number : 1347G
London Stock Exchange Group PLC
06 May 2011
 



 

 

 

The following is a replacement of the earlier issued Market Report April 2011. Amendments have been made to the final table of figures.

 

06 May 2011

ETR - 43

 

MONTHLY MARKET REPORT - April 2011

 

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 April a total of 21.9 million trades were carried out across the Group's electronic equity order books with a combined value of £161.1 billion (€182.4 billion), down 13 per cent on April 2010 (£184.4 billion). The fall in both aggregate and daily volumes may be explained by an unusual holiday pattern in the UK in April 2011.

 

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £4.4 billion (€5 billion), down 10 per cent year on year; the average daily number of trades increased six per cent to 585,111.

 

The LSE'S share of trading in the lit UK order book for April was 63.5 per cent.

 

Italian Equities Order book

On the Italian order book, the average daily number of trades was 271,738, down two per cent on the same month last year, whilst the average daily value traded on the order book decreased 13 per cent year on year to €3.3 billion (£2.9 billion).

 

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in April was 1.2 billion (£1 billion) up 16 per cent on the same month last year. The average daily number of trades was up 38 per cent at 267,754.

 

On the dark mid-point book, Turquoise traded an average daily value of €227 million (£200 million), up 77 per cent on April 2010.  There were a total of 29,578 trades, an increase of over 45 per cent year on year.

 

Turquoise's total share of European order book trading for March was 4.4 per cent.

 

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 8,066,635, up 19 per cent compared with April 2010.

 

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in April was down three per cent year on year to £9.3 billion (10.5 billion). The total number of trades was down 14 per cent reaching 321,845.

 

Fixed income

The average daily value traded on the MTS Cash markets during the month was up 13 per cent year on year at €12.2 billion (£10.8 billion). On the MTS Repo market, the average term adjusted daily value traded increased by two per cent year on year to €259.68 billion (£229.2 billion).

 

The average daily value traded on the Group's retail bond markets was €707 million (£625 million), down 27 per cent on the same month last year. The average daily number of trades was down nine percent at 13,904.

 

-ends -

 

For further information, please contact:

 

Lauren Crawley-Moore                                 +44 (0)20 7797 1222

Anna Mascioni                                               +39 027 2426 212  

                                                                         newsroom@londonstockexchange.com

 

 

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 respectively 18 and 19 trading days on the London Stock Exchange and Borsa Italiana in April 2011 and 20 in April 2010.

 

The April 2011 value traded figures use a € per £ exchange rate of 1.13. The exchange rate used for April 2010 was 1.14.

 

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



April 2011


April 2010



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


10,531,995

79,523

90,068


10,995,891

97,969

112,021

Italian order book


5,163,028

54,795

62,062


5,546,224

65,890

75,341

International Equities


1,648,533

18,226

20,643


1,094,753

14,617

16,714

ETFs & Other ETPs


321,845

9,324

10,560


373,103

9,608

10,986

Securitised Derivatives


93,746

801

907


126,662

1,051

1,202

Derivatives (EDX & IDEM)


8,066,635

50,959

57,717


6,774,947

63,408

72,503

Retail Bonds


264,180

11,866

13,439


306,312

16,946

19,377

MTS Cash


41,503

204,722

231,871


37,134

189,727

216,941

MTS Repo


55,734

4,356,307

4,934,015


45,565

4,440,514

5,077,455

Turquoise Integrated


5,622,835

22,542

25,531


3,891,182

18,312

20,939

Turquoise MidPoint


621,131

4,206

4,764


408,523

2,238

2,559



Average daily

UK order book


585,111

4,418

5,004


549,795

4,898

5,601

Italian order book


271,738

2,884

3,266


277,311

3,294

3,767

International Equities


90,816

1,007

1,141


54,738

731

836

ETFs & Other ETPs


17,163

503

569


18,655

480

549

Securitised Derivatives


4,935

42

48


6,333

53

60

Derivatives (EDX & IDEM)


400,316

2,644

2,995


338,747

3,170

3,625

Retail Bonds


13,904

625

707


15,316

847

969

MTS Cash


2,184

10,775

12,204


1,857

9,486

10,847

MTS Repo


2,933

229,279

259,685


2,278

222,026

253,873

Turquoise Integrated


267,754

1,073

1,216


194,559

916

1,047

Turquoise MidPoint


29,578

200

227


20,426

112

128



January to April 2011


January to April 2010



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


51,146,220

398,456

463,483


47,291,810

410,677

464,456

Italian order book


25,871,344

260,982

303,500


22,193,599

234,379

265,268

International Equities


7,342,995

83,362

96,918


4,384,761

58,544

66,185

ETFs & Other ETPs


1,675,302

43,796

50,916


1,365,092

35,338

39,996

Securitised Derivatives


495,447

4,005

4,664


502,748

4,104

4,640

Derivatives (EDX & IDEM)


27,819,791

265,008

307,991


24,526,994

252,594

285,525

Retail Bonds


1,280,811

54,318

63,192


1,241,116

69,377

78,460

MTS Cash


192,792

906,862

1,054,444


154,584

816,408

922,989

MTS Repo


240,059

19,780,840

22,995,705


185,249

16,625,205

18,797,731

Turquoise Integrated


24,776,875

100,268

116,471


16,263,855

72,455

81,991

Turquoise MidPoint


2,790,043

18,231

21,188


1,077,371

6,384

7,223



Average daily

UK order book


631,435

4,919

5,722


569,781

4,948

5,596

Italian order book


311,703

3,144

3,657


267,393

2,824

3,196

International Equities


90,246

1,026

1,193


52,828

705

797

ETFs & Other ETPs


20,298

533

620


16,447

426

482

Securitised Derivatives


5,970

48

56


6,057

49

56

Derivatives (EDX & IDEM)


335,178

3,193

3,711


295,506

3,043

3,440

Retail Bonds


15,432

654

761


14,953

836

945

MTS Cash


2,323

10,926

12,704


1,862

9,836

11,120

MTS Repo


2,892

238,323

277,057


2,232

200,304

226,479

Turquoise Integrated


905,951

3,679

4,308


591,629

2,588

2,920

Turquoise MidPoint


102,936

668

782


31,249

196

220

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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBSGDUIBGBGBL
UK 100