Market Report May 2010

RNS Number : 1610N
London Stock Exchange Group PLC
07 June 2010
 



 

7 June 2010

ETR - 32

 

36 PER CENT INCREASE IN DAILY EQUITY VALUE TRADED IN MAY

- Strong month for Equities and Derivatives across the Group

 

In May, 23 million equity trades were carried out across the London Stock Exchange Group's electronic order books, with a combined value of £219.0 billion (€255.5 billion). The average daily value traded across Group's equity markets was £11.1 billion (€12.9 billion), an increase of 36 per cent on May last year while the average daily number of trades was 1,176 912, up 14 per cent.

 

UK Cash Equities

The average daily value traded on the UK equity order book was £5.9 billion (€6.9 billion) an increase of 34 per cent year on year, while the average daily number of trades was up 13 per cent at 767,427.

 

Italian Cash Equities

During May, the average daily number of trades in Italian equities was 336,193, a record high and a 12 per cent increase on the same month last year. The average daily value traded during the month was up 32 per cent at €4.9 billion (£4.2 billion).

 

International Cash Equities

The total value traded in international equities increased 70 per cent on May 2009 to £17.7 billion, while the average daily value traded was also up 70 per cent year on year, totalling £921 million (€1.1 billion). The average daily number of trades was 73,292 up 37 per cent on last May.

 

ETFs and ETCs

May recorded the highest value traded and highest number of trades in ETFs and ETCs on the Group's markets at £13.2 billion (€15.4 billion)and 469,537 respectively. The average daily number of trades was up 68 per cent year on year, totalling 22,806, whilst the average daily value traded was up 76 per cent to £654 million (€763 million).

 

Derivatives

A record 11,428,620 contracts were traded across the Group's derivatives platforms in May 2010. The average daily number of contracts traded on the Group's derivatives markets was up 17 per cent on May 2009. The average daily notional value traded was £4.8 billion (€5.6 billion), up 22 per cent.

 

IDEM broke its previous daily overall record five times during the month of May, reaching an all time high of 903,563 standard contracts traded within a day. The total number of contracts traded was up 91 per cent on the Italian derivatives platform with the total value traded also up 76 per cent at €113.9 billion (£97.7 billion).


Continuing from last month's highs May saw the highest number of FTSE MIB futures standard contracts traded on IDEM so far this year with 31,877 average daily trades. Also reaching record levels was trading in stock futures standard contracts with a daily average of 266,491 and notional turnover daily average of €685 million.

 

Fixed income

Average daily value traded on the MTS Cash markets during the month was up by nine per cent year on year at €8.4 billion (£7.2 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 77 per cent year on year to €220 billion (£188.5 billion).

 

The average daily value traded during May on the Group's retail bond markets was €1.1 billion (£939.4 million) down three per cent on the same month last year. The average daily number of trades was up eight per cent at 17,478.

 

-ends -

 

 

 

 

For further information, please contact:


Lauren Crawley-Moore +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 19 trading days on the London Stock Exchange, the same as last year and 21 on Borsa Italiana during May 2010, one more than the previous year.

 

During May, the average daily number of trades on SETS - covering all equity based order book trading on the London Stock Exchange - was 827,051 up 16 per cent on May 2009.  The average daily value traded was £6.9 billion, a increase of 39 per cent year on year.

 

The May 2010 value traded figures use a € per £ exchange rate of 1.16. The exchange rate used for May 2009 was 1.13.

  

 

 

 

 

BORSA ITALIANA - LONDON STOCK EXCHANGE  ELECTRONIC ORDER BOOK TRADING



May 2010


May 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK equities


14,581,111

112,875

131,687


12,863,543

84,180

95,179

Italian equities


7,060,048

88,427

103,165


5,990,868

63,875

72,220

International equities


1,426,203

17,731

20,687


1,040,137

10,440

11,804

ETFs & ETCs


469,537

13,189

15,387


269,197

7,257

8,206

Securitised Derivatives


167,030

879

1,025


192,983

754

852

Derivatives (EDX & IDEM)


11,428,620

101,324

118,211


9,536,809

80,438

90,947

Retail Bonds


367,025

19,726

23,014


322,292

20,076

22,698

MTS Cash


31,483

151,774

177,069


31,912

136,738

154,604

MTS Repo


47,188

3,957,442

4,617,008


41,351

2,192,722

2,479,206



Average daily

UK equities


767,427

5,941

6,931


677,029

4,431

5,009

Italian equities


336,193

4,211

4,913


299,543

3,194

3,611

International equities


73,292

921

1,074


53,612

543

614

ETFs & ETCs


22,806

654

763


13,607

371

420

Securitised Derivatives


7,957

42

49


9,649

38

43

Derivatives (EDX & IDEM)


544,220

4,825

5,629


465,431

3,967

4,485

Retail Bonds


17,478

939

1,096


16,115

1,004

1,135

MTS Cash


1,499

7,227

8,432


1,596

6,837

7,730

MTS Repo


2,247

188,450

219,858


2,068

109,636

123,960








January to May 2010


January to May 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK equities


58,647,828

463,155

527,860


69,057,296

451,670

500,567

Italian equities


26,226,139

285,218

325,895


26,826,064

221,335

246,152

International equities


5,810,964

76,276

86,872


4,594,396

42,887

47,608

ETFs & ETCs


1,834,629

48,527

55,383


1,156,451

33,947

37,670

Securitised Derivatives


669,778

4,983

5,665


904,630

3,503

3,886

Derivatives (EDX & IDEM)


35,955,614

353,917

403,736


46,038,187

391,607

434,092

Retail Bonds


1,594,665

88,537

100,834


1,685,402

96,934

107,565

MTS Cash


186,067

968,181

1,100,058


146,258

638,173

708,210

MTS Repo


232,437

20,582,648

23,414,740


225,631

11,969,780

13,269,773



Average daily

UK equities


574,979

4,541

5,175


677,032

4,428

4,908

Italian equities


252,174

2,742

3,134


260,447

2,149

2,390

International equities


56,637

745

849


44,895

420

466

ETFs & ETCs


17,705

470

537


11,255

331

367

Securitised Derivatives


6,440

48

54


8,783

34

38

Derivatives (EDX & IDEM)


345,727

3,403

3,882


449,456

3,818

4,232

Retail Bonds


15,333

851

970


16,363

941

1,044

MTS Cash


1,789

9,309

10,577


1,420

6,196

6,876

MTS Repo


2,235

197,910

225,142


2,191

116,211

128,833






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
 
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