Market Report - December 2010

RNS Number : 1712Z
London Stock Exchange Group PLC
10 January 2011
 



10 January 2011

ETR - 39

 

MONTHLY MARKET REPORT - December 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 December a total of 19.1 million trades were carried out across the Group's electronic equity order books with a combined value of £143.8 billion (€169.5 billion), up ten per cent on December 2009 (£131.3 billion).

 

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £3.7 billion (€4.4 billion), unchanged year on year; the average daily number of trades increased two per cent to 466,104.

 

The LSE's share of trading in the total UK order book for December was 65.1 per cent.

 

Italian Equities Order book

On the Italian order book, the average daily number of trades was 231,585, up 16 per cent on the same month last year, whilst the average daily value traded on the order book increased 26 per cent year on year to €2.7 billion (£2.3 billion).

 

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in December was €824 million (£698 million) up 15 per cent on the same month last year. The average daily number of trades was up 17 per cent at 175,600.

 

On the dark mid-point book, Turquoise traded an average daily value of €120 million (£102 million), up 175 per cent on December 2009.  There were a total of 17,161 trades, an increase of over 189 per cent year on year.

Turquoise share of lit trading in the total UK order book for December was 5.2 per cent. For dark trading its total share was 21.0 percent.

 

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 6,051,176, up 19 per cent compared with December 2009.

 

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in December was up 29 per cent year on year to £9.3 billion (€11.0 billion). The total number of trades was up 30 per cent reaching 354,330.

 

Fixed income

The average daily value traded on the MTS Cash markets during the month was down 28 per cent year on year at €6.8 billion (£5.8 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 41 per cent year on year to €249.0 billion (£211.2 billion).

 

The average daily value traded on the Group's retail bond markets was €701 million (£594 million), down one per cent on the same month last year. The average daily number of trades was up 46 percent at 16,197.

 

-ends -

 

For further information, please contact:

 

Alastair Fairbrother                                        +44 (0)20 7797 1222

Anna Mascioni / Luca Grassis                      +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 21 trading days on the London Stock Exchange, the same as December 2009 and 21 trading days on Borsa Italiana, one more than the same month in 2009.

 

The December 2010 value traded figures use a € per £ exchange rate of 1.18.  The exchange rate used for December 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



December 2010


December 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


9,788,179

77,562

91,450


9,635,427

77,912

86,596

Italian order book


4,863,293

47,787

56,344


3,996,211

38,405

42,685

International Equities


1,244,574

  15,291

18,029


833,115

10,634

11,819

ETFs & Other ETPs


354,330

9,315

10,983


273,694

7,240

8,047

Securitised Derivatives


102,595

920

1,084


98,740

633

703

Derivatives (EDX & IDEM)


6,051,176

64,832

76,442


5,073,137

57,976

64,438

Retail Bonds


340,141

12,477

14,712


221,856

12,677

14,090

MTS Cash


28,020

120,960

142,620


31,530

169,037

187,878

MTS Repo


59,398

4,434,867

5,229,006


46,781

3,168,130

3,521,251

Turquoise Integrated


4,038,804

16,065

18,942


3,302,978

14,135

15,711

Turquoise MidPoint


394,708

2,347

2,767


130,688

865

961



Average daily

UK order book


466,104

3,693

4,355


458,830

3,710

4,124

Italian order book


231,585

2,276

2,683


199,811

1,920

2,134

International Equities


59,265

728

859


40,201

511

568

ETFs & Other ETPs


16,873

444

523


13,534

354

393

Securitised Derivatives


4,885

44

52


4,937

32

35

Derivatives (EDX & IDEM)


272,835

3,062

3,611


253,657

2,899

3,222

Retail Bonds


16,197

594

701


11,093

634

704

MTS Cash


1,334

5,760

6,791


1,577

8,452

9,394

MTS Repo


2,828

211,184

249,000


2,339

158,407

176,063

Turquoise Integrated


175,600

698

824


150,135

643

714

Turquoise MidPoint


17,161

102

120


5,940

39

44



January to December 2010


January to December 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


146,161,773

1,193,585

1,390,421


157,177,362

1,168,917

1,311,264

Italian order book


67,133,685

720,077

839,371


68,262,224

657,342

737,853

International Equities


14,248,422

172,553

200,854


11,897,071

129,495

145,339

ETFs & Other ETPs


4,309,580

114,196

133,159


3,195,797

86,901

97,453

Securitised Derivatives


1,488,507

10,979

12,761


1,904,179

9,170

10,280

Derivatives (EDX & IDEM)


80,016,069

807,735

942,273


105,347,805

963,537

1,080,472

Retail Bonds


3,881,764

197,641

230,022


3,562,844

204,766

229,616

MTS Cash


461,549

2,237,344

2,602,274


390,350

1,873,584

2,101,338

MTS Repo


624,044

52,170,393

60,843,188


541,377

32,701,348

36,674,579

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


577,715

4,718

5,496


621,254

4,620

5,183

Italian order book


262,241

2,813

3,279


268,749

2,588

2,905

International Equities


56,149

681

792


46,964

511

574

ETFs & Other ETPs


16,874

448

523


12,593

343

384

Securitised Derivatives


5,815

43

50


7,497

36

40

Derivatives (EDX & IDEM)


311,478

3,154

3,679


434,734

3,901

4,374

Retail Bonds


15,163

772

899


14,027

806

904

MTS Cash


1,803

8,740

10,165


1,537

7,376

8,273

MTS Repo


2,438

203,791

237,669


2,131

128,745

144,388

Turquoise Integrated


181,357

682

872


150,516

697

895

Turquoise MidPoint


19,038

94

123


3,327

15

24

Turquoise year to date figures for 2009, are from June-December. 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
 
 
MSCMMGMMMGKGMZM
UK 100