The London Stock Exchange saw 17.6 million electronic equity trades carried out in March 2010 an increase of 3% on March 2009. The average daily number of trades was 28% lower than March 2009 at 766,229. The average daily traded was £7 billion, 2% lower than last year.
The LSE celebrated 10 years of ETF trading on the 13 April 2010. The first Exchange Traded Fund was admitted to its markets in 2000 and there are now over 240 ETF products available for trading on the LSE from 9 issuers. ETFs have seen constant year on year growth with an average growth rate of 64% in the value of ETFs traded and an average 100% growth rate in the number of trades.
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