Electronic Trading Up 3% In March

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.

January Increase In Equity Trades

The average number of daily trades during January 2010 was 831,892 compared to 640,169 in December 2009 and was 6% lower than January 2009. The average daily value traded across the London Stock Exchange Group was up 14% to £7.1bn.

The groups other markets are continuing to perform well with MTS and ETFs and ETCs showing good growth. The average daily value traded on MTS more than doubled to reach £10.5bn, a 103% increase on January last year. ETCs and ETFs increased 85% and 50% respectively.

Derivatives trading was up 16% on January 2009 at an average 417.686 contracts daily. IDEM average daily value was up 41% at £2.5bn EDX was up 29% to 299,889 despite the end of the NASDAQ link agreement and stoppage of trading in Swedish index products.