Monthly market report - Decem

RNS Number : 2538F
London Stock Exchange Group PLC
08 January 2010
 

8 January 2010

ETR - 27


OVER 13 million electronic equity trades in DECEMBER

Strong trading growth in ETFs and ETCs and on MTS


During December, 13.3 million equity trades, with a combined value of £108.4 billion (120.5 billion) were carried out across the electronic order books of London Stock Exchange Group during  December. The average daily number of trades was 640,16918 per cent lower than Decembe2008, while the average daily value traded was £5.2 billion (5.8billion), a decrease of six per cent on the same month last year.  


number of the Group's other markets recorded strong performances during the month, with the  average daily number of trades in ETFs and ETCs growing by 75 per cent and the average daily value traded on the MTS cash markets increasing by 79 per cent.  


UK Cash Equities

During the month, the average daily value traded on the UK equity order book was £3.1 billion (3.5 billion), a decrease of 19 per cent year on year, while the average daily number of trades was 426,732, down 24 per cent on the same month last year.


The total value traded on the UK order book in December was £65.7 billion (€73.0 billion) and the total number of trades was 9.0 million.


Italian Cash Equities

On the Italian equity order book, the average daily number of trades in December was 173,235down six per cent year on year. The average daily value traded during the month was up 17 per cent on last year, reaching €1.8 billion (£1.6 billion). 


The total number of trades was 3.5 million, slightly down on last year, while the total value traded was 35.7 billion (£32.1 billion), up 23 per cent on December last year. 


International Cash Equities

During December, the average daily value traded in international stocks on the Group's equity order books was up 59 per cent year on year at £511 million (€568 million). The average daily number of trades was 40,201, an increase of 23 per cent on December 2008. 


ETFs and ETCs

Trading in ETFs and ETCs continued to grow, with the average daily number of trades in December up by 75 per cent year on year to 13,534. The average daily value traded was up 17 per cent to £354 million (€393 million). 


Derivatives 

The average daily number of contracts traded on the Group's derivatives markets, EDX London and IDEM, was down 19 per cent on December 2008, at 253,657. The average daily notional value traded was £2.9 billion (3.2 billion)down 40 per cent on the same month the previous year.  During 2009 as a whole, a record 42.6 million contracts were traded on IDEM, a 19 per cent increase on 2008.


Fixed income

Trading on the MTS Cash markets remained strong, with the average daily value traded during the month up by 79 per cent year on year at €9.4 billion (£8.5 billion), while on the MTS Repo market the average term adjusted daily value traded increased by 46 per cent year on year to €176.1 billion (£158.4 billion).


On MOT, Borsa Italiana's retail fixed income market, the average daily value traded during December was €698 million (£628 million)12 per cent year on year decreasewhile the average daily number of trades was 21 per cent lower than the same month last year at 10,971 Nevertheless the calendar year as a whole showed a 30 per cent increase in value traded.


- ends -

 

For further information, please contact:


Alastair Fairbrother +44 (0)20 7797 1222

Luca Grassis +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 21 trading days on the London Stock Exchange during December 2009, the same as the previous year, while on Borsa Italiana there were 20 trading days, onmore than during December 2008. 


During December, the average daily number of trades on SETS - covering all equity based order book trading on the London Stock Exchange - was 457,439 down 22 per cent on December 2008. The average daily value traded was £3.6 billion, a decrease of 14 per cent year on year.


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


The December 2009 value traded figures use a  per £ exchange rate of 1.11. The exchange rate used for December 2008 was 1.11.

 

 

BORSA ITALIANA - LONDON STOCK EXCHANGE ELECTRONIC ORDER BOOK TRADING



December 2009


December 2008



Totals



Trades

Value Traded £m

Value 

Traded €m


Trades

Value Traded £m

Value 

Traded €m

UK equities


8,961,382

65,708

73,031


11,819,023

81,538

90,149

Italian equities


3,464,707

32,103

35,681


3,489,542

26,243

29,015

International equities


833,115

10,634

11,819


667,201

6,632

7,333

ETFs & ETCs


273,694

7,240

8,047


151,137

5,936

6,563

Securitised Derivatives


98,740

633

703


144,447

777

859

Derivatives (EDX & IDEM)


5,073,137

57,976

64,438


5,949,463

91,805

101,501

MOT


219,428

12,559

13,959


264,740

13,697

15,144

MTS Cash


31,530

169,037

187,878


21,431

90,447

99,999

MTS Repo


46,781

3,168,130

3,521,251


45,961

2,070,229

2,288,871



Average daily

UK equities


426,732

3,129

3,478


562,811

3,883

4,293

Italian equities


173,235

1,605

1,784


183,660

1,381

1,527

International equities


40,201

511

568


32,706

320

354

ETFs & ETCs


13,534

354

393


7,754

302

334

Securitised Derivatives


4,937

32

35


7,602

41

45

Derivatives (EDX & IDEM)


253,657

2,899

3,222


313,130

4,832

5,342

MOT


10,971

628

698


13,934

721

797

MTS Cash


1,577

8,452

9,394


1,128

4,760

5,263

MTS Repo


2,339

158,407

176,063


2,419

108,959

120,467








January to December 2009


January to December 2008



Totals



Trades

Value Traded £m

Value 

Traded €m


Trades

Value Traded £m

Value 

Traded €m

UK equities


148,370,280

1,025,255

1,150,054


186,634,578

1,883,494

2,390,795

Italian equities


60,072,259

575,438

645,992


65,869,234

781,981

993,682

International equities


11,897,071

129,495

145,339


11,102,996

199,874

253,761

ETFs & ETCs


3,195,797

86,901

97,453


1,803,549

65,582

82,441

Securitised Derivatives


1,904,179

9,170

10,280


2,702,042

17,976

22,818

Derivatives (EDX & IDEM)


105,347,805

963,564

1,080,472


95,768,182

1,471,296

1,860,629

MOT


3,548,265

204,087

228,860


3,050,774

140,720

176,518

MTS Cash


390,350

1,873,584

2,101,338


437,602

1,797,647

2,295,897

MTS Repo


541,377

32,701,348

36,674,579


620,679

25,759,746

32,385,477



Average daily

UK equities


586,444

4,052

4,546


734,782

7,415

9,413

Italian equities


236,505

2,266

2,543


260,353

3,091

3,928

International equities


46,964

511

574


43,766

787

1,000

ETFs & ETCs


12,593

343

384


7,123

259

325

Securitised Derivatives


7,497

36

40


10,680

71

90

Derivatives (EDX & IDEM)


416,716

3,804

4,266


378,530

5,815

7,354

MOT


13,970

803

901


12,058

556

698

MTS Cash


1,537

7,376

8,273


1,730

7,105

9,075

MTS Repo


2,131

128,745

144,388


2,453

101,817

128,006






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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