UK Order Book
A total of 16.4 million equity trades were carried out on the UK order book during March 2009, an increase of 13 per cent on March last year. The total value traded was £105.5 billion (€113.3 billion) a decrease of 36 per cent year-on-year. The average daily value traded was at its highest level since November at £4.8 billion (€5.1 billion). This was up by 19 per cent compared with February, but down by 45 per cent year-on-year.
Italian Order Book
On the Italian order book, the total number of trades was 5.9 million, an increase of three per cent on the same month last year and the highest number of trades in a single month since October. €44.4 billion (£41.3 billion) worth of Italian equity was traded on the order book during the month, the highest total for a single month since November, though a decrease of 50 per cent on March 2008. The average daily number of trades was up by 27 per cent on February at 269,141, but down 12 per cent compared with the previous March.
International Order Book
The total number of trades across the Group’s international order books during March was 1.0 million, up 31 per cent year-on-year. The total value traded was £10.1 billion (€10.8 billion), down by 35 per cent compared with the previous March. The average daily number of trades in international equities was up 13 per cent year-on-year to 47,347 and the average daily value traded was £458.9 million (€493.1 million) a decrease of 44 per cent year-on-year, but an increase of 36 per cent on February’s levels.
ETFs and ETCs
March was a record month for trading in ETFs and ETCs across the two exchanges’ order books. Both the total number of trades in ETFs and ETCs and the total value traded were records, with 251,819 trades – an increase of 64 per cent on March last year – worth a combined total of £7.7 billion (€8.3 billion). The average daily number of trades rose by 42 per cent year-on-year to 11,446, and the average daily value traded rose 26 per cent to £351.4 million (€377.5 million), both records.
The total number of contracts traded across EDX London and IDEM during the month increased by 39 per cent year-on-year to 10.0 million, and the average daily number of contracts traded increased by 20 per cent to 455,750, the second highest levels ever. The average notional value traded each day was down by 49 per cent compared with last March to £3.9 billion (€4.0 billion), while the total notional value traded was down by 41 per cent to £86.2 billion (€88.2 billion).