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16.6 million electronic equity trades in September

6th October 2010 Print

In September, a total of 16.6 million trades were carried out across the Group's electronic equity order books, with a combined value of £149.6 billion (€178 billion), up 16 per cent on August 2010 (£128.6 billion).

UK Order Book

During the month, the average daily value traded on the UK order book was £4.1 billion (€4.9 billion), down 11 per cent year on year; the average daily number of trades reduced nine per cent to 520,617.

Italian Order book

On the Italian order book, the average daily number of trades was 233,552, down 14 per cent on the same month last year, whilst the average daily value traded on the order book decreased 23 per cent year on year to €3.2 billion (£2.7 billion).

Turquoise Cash Equities

The average daily value traded on the Turquoise integrated book in September was €1.1 billion (£956 million) down four per cent on the same month last year. The average daily number of trades was up 11 per cent at 253,639.

On the dark mid-point book, Turquoise traded an average daily value of €198 million (£166 million), up over 435 per cent on September 2009. There were a total of 725,838 trades, an increase of over 580 per cent year on year.

Exchange Traded Products

Total value traded in Exchange Traded Products across the Group's order books in September was up nine per cent year on year to £8.9 billion (€10.6 billion). The total number of trades was also up nine per cent reaching 345,377.

Derivatives

On the Group's derivatives platforms, the total number of contracts traded was 6,020,026, down 43 per cent compared with September 2009.

Fixed income

The average daily value traded on the MTS Cash markets during the month was up eight per cent year on year at €11.3 billion (£9.5 billion). On the MTS Repo market, the average term adjusted daily value traded increased by 48 per cent year on year to €274.4 billion (£230.4 billion).

The average daily value traded on the Group's retail bond markets was €836 million (£702 million), up three per cent on the same month last year. The average daily number of trades was up five percent at 12,929.