The average daily value traded on the equity order books of London Stock Exchange Group during May was £8.2 billion (€9.2 billion). This was an increase of nine per cent on the average daily value traded during April this year, though down by 36 per cent compared with the same month last year. The average daily number of trades was 1.0 million, an increase of 14 per cent year on year, though down by two per cent compared with April.

The total equity value traded across the Group during the month was £158.5 billion (€179.2 billion), and the total number of trades was 19.9 million.

UK Order Book

During the month, the average daily value traded on the UK equity order book was £4.4 billion (€5.0 billion) a decrease of 37 per cent year on year, though close to April’s average. The average daily number of trades was 677,025, an increase of nine per cent on the previous May. The total number of trades on the UK order book was 12.9 million, and the total value traded was £84.2 billion (€95.2 billion).

Italian Order Book

The average daily number of trades in Italian equities during the month was 299,535, up by 22 per cent year on year. The average daily value traded was €3.6 billion (£3.2 billion) some 24 per cent higher than the average daily value traded during April, though down by 40 per cent on a year on year basis.

International Order Books

On the Group’s international order books, the average daily value traded was £543.4 million (€614.4 million), a decrease of 44 per cent year on year, though up by 21 per cent compared with April. The average daily number of trades was up by 40 per cent compared with the previous year to 53,624.

The total value traded during the month was £10.4 billion (€11.8 billion), and the total number of trades was 1.0 million.

ETFs and ETCs

May was a very strong month for ETF and ETC trading across the Group’s order books, reaching a new record total of 269,197 trades. The average daily number of trades more than doubled, up 115 per cent year on year to 13,607, and the average daily value traded increased by 71 per cent year on year to £371.3 million (€419.8 million). The total value traded during the month was £7.3 billion (€8.2 billion).

Derivatives

The average daily number of contracts traded across the Group’s two derivatives markets, EDX London and IDEM, increased by 17 per cent year on year to 489,450, while the average notional value traded each day was down by 25 per cent on last May to £4.1 billion (€4.6 billion).

The total number of derivatives contracts traded during the month was 9.5 million, and the total notional value traded was £80.4 billion (€90.9 billion).