The FINANCIAL — London Stock Exchange Group sits at the heart of the world’s financial community, offering international business unrivalled access to Europe’s capital markets, according to Borsa Italiana – London Stock Exchange Group.
In December a total of 24.4 million trades were carried out across the Group’s electronic equity order books with a combined value of £128.1 billion (€151.8 billion), down 11 per cent on December 2010 (£143.8 billion).
UK Equities Order Book — During the month, the average daily value traded on the UK order book was £3.5 billion (€4.2 billion), down 5 per cent year on year. The average daily number of trades increased 25 per cent to 584,371.
The LSE’s share of trading in the total UK order book for December was 61.7 per cent.
Italian Equities Order Book — On the Italian order book, the average daily number of trades was 200,582, down 13.4 per cent on the same month last year, whilst the average daily value traded on the order book decreased 33 per cent year on year to €1.8 billion (£1.5 billion).
Turquoise Cash Equities — The average daily value traded on the Turquoise integrated book in December was €1.4 billion (£1.2 billion) up 66 per cent on the same month last year. The average daily number of trades was up 119 per cent at 384,812.
On the Turquoise dark mid-point book, the average daily value traded was €103 million (£87 million), down 14 per cent on December 2010. There was an average daily total of 20,816 trades, an increase of over 21 per cent year on year.
Turquoise share of pan-European trading for December was 5.4 per cent.
Derivatives — On the Group’s derivatives platforms, the total number of contracts traded was 5,346,435, down 12 per cent compared with December 2010.
Exchange Traded Products — Total value traded in Exchange Traded Products across the Group’s order books in December was down 14 per cent year on year to £8.0 billion (€9.5 billion). The total number of trades was also down 21 per cent at 281,496.
Fixed income — The average daily value traded on the MTS Cash markets during the month was down 21 per cent year on year at €5.4 billion (£4.5 billion). On the MTS Repo market, the average term adjusted daily value was down 38 per cent year on year at €153.3 billion (£129.4 billion).
The average daily value traded on the Group’s retail bond markets was €994 million (£839 million), up 42 per cent on the same month last year. The average daily number of trades was up 40 per cent at 22,682.
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