Market Report - November 2010

RNS Number : 4954X
London Stock Exchange Group PLC
07 December 2010
 



07 December 2010

ETR - 38

 

MONTHLY MARKET REPORT - November 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 November a total of 24.5 million trades were carried out across the Group's electronic equity order books with a combined value of £187.2 billion (€219.6 billion), up 14 per cent on November 2009 (21.4 million trades).

 

UK Equities Order Book

During the month, the average daily value traded on the UK order book was £4.5 billion (€5.3 billion), unchanged year on year; the average daily number of trades increased four per cent to 566,557.

 

The London Stock Exchange's share of trading in the total UK order book for November was 63.1 per cent.

 

Italian Equities Order book

On the Italian order book, the average daily number of trades was 277,920, up eight per cent on the same month last year, whilst the average daily value traded on the order book increased two per cent year on year to €3.4 billion (£2.9 billion).

 

Borsa Italiana's share of trading in the total Italian order book for November was 82.1 per cent

 

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in November was €1.1 billion (£977 million) up six per cent on the same month last year. The average daily number of trades was up 18 per cent at 245,198.

 

On the dark mid-point book, Turquoise traded an average daily value of €148 million (£127 million), up 163 per cent on November 2009.  There were a total of 481,079 trades, an increase of 182 per cent year on year.

 

Turquoise share of lit trading in the total UK order book for November was 4.8 per cent. For dark trading its total UK order book share was 18.2 per cent.

 

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 6,981,658, up 27 per cent compared with October.

 

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in November was up 52 per cent year on year to £11.8 billion (13.8 billion). The total number of trades was also up 39 per cent reaching 436,994.

 

Fixed income

The average daily value traded on the MTS Cash markets during the month was up four per cent year on year at €12.1 billion (£10.3 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 66 per cent year on year to €237 billion (£203 billion).

 

The average daily value traded on the Group's retail bond markets was €1.1 billion (£923 million), up 31 per cent on the same month last year. The average daily number of trades was up 69 percent at 21,177.

 

-ends -

 

For further information, please contact:

 

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

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 22 trading days on the London Stock Exchange and Borsa Italiana, one more than November 2009.

 

The November 2010 value traded figures use a € per £ exchange rate of 1.17.  The exchange rate used for November 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



November 2010


November 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


12,464,254

98,366

115,673


11,486,638

94,020

104,592

Italian order book


6,114,230

64,580

75,523


5,400,103

63,645

70,801

International Equities


1,507,348

16,031

18,837


1,026,156

13,051

14,518

ETFs & Other ETPs


436,994

11,770

13,796


313,625

7,751

8,622

Securitised Derivatives


135,992

1,037

1,213


153,733

955

1,063

Derivatives (EDX & IDEM)


6,981,658

67,190

78,576


10,680,745

86,245

95,943

Retail Bonds


465,890

20,300

23,740


262,664

15,514

17,259

MTS Cash


48,515

227,527

266,084


36,079

219,386

244,054

MTS Repo


60,926

4,455,547

5,210,585


44,775

2,701,913

3,005,720

Turquoise Integrated


5,394,361

21,498

25,141


4,353,896

20,320

22,604

Turquoise MidPoint


481,079

2,786

3,258


170,868

1,062

1,181



Average daily

UK order book


566,557

4,471

5,258


546,983

4,477

4,981

Italian order book


277,920

2,935

3,433


257,148

3,031

3,371

International Equities


68,516

729

856


48,865

621

691

ETFs & Other ETPs


19,863

535

627


14,935

369

411

Securitised Derivatives


6,181

47

55


7,321

45

51

Derivatives (EDX & IDEM)


317,349

3,054

3,572


508,607

4,107

4,569

Retail Bonds


21,177

923

1,079


12,508

739

822

MTS Cash


2,205

10,342

12,095


1,718

10,447

11,622

MTS Repo


2,769

202,525

236,845


2,132

128,663

143,130

Turquoise Integrated


245,198

977

1,143


207,328

968

1,076

Turquoise MidPoint


21,867

127

148


8,137

51

56



January to November 2010


January to November 2009



Totals



Trades

Value Traded £m

Value

Traded €m


Trades

Value Traded £m

Value

Traded €m

UK order book


136,373,594

1,116,024

1,299,609


147,541,935

1,091,005

1,224,668

Italian order book


62,270,392

672,290

783,027


64,266,013

618,938

695,168

International Equities


13,003,848

157,262

182,915


11,063,956

118,861

133,519

ETFs & Other ETPs


3,955,250

104,881

122,207


2,922,103

79,662

89,406

Securitised Derivatives


1,385,912

10,059

11,676


1,805,439

8,537

9,577

Derivatives (EDX & IDEM)


73,964,891

742,903

865,831


100,274,668

905,561

1,016,034

Retail Bonds


3,541,623

185,163

215,311


3,340,988

192,090

215,527

MTS Cash


433,529

2,116,384

2,459,654


332,647

1,704,547

1,789,934

MTS Repo


564,646

47,735,525

55,614,183


494,596

29,533,217

33,153,328

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


587,817

4,810

5,602


635,957

4,703

5,279

Italian order book


264,980

2,861

3,332


274,641

2,645

2,971

International Equities


55,863

676

787


47,557

512

575

ETFs & Other ETPs


16,874

449

523


12,512

342

384

Securitised Derivatives


5,898

43

50


7,716

36

41

Derivatives (EDX & IDEM)


314,744

3,161

3,684


427,438

3,864

4,335

Retail Bonds


15,071

788

916


14,278

821

921

MTS Cash


1,845

9,006

10,467


1,422

7,284

7,649

MTS Repo


2,403

203,130

236,656


2,114

126,210

141,681

Turquoise Integrated


199,107

749

957


164,607

762

978

Turquoise MidPoint


20,901

103

135


3,885

17

28

Turquoise year to date figures for 2009, are from June-November. 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
 
 
MSCZMMGZGNNGGZM
UK 100