It was also a record month on SETSmm. The number of trades on SETSmm more than doubled compared with March last year, up 115 per cent to 2.8 million. The total value traded grew 93 per cent to £20.4 billion.
Trading on the IOB also set new records for both the number of trades and the value traded. The number of trades was up 70 per cent on March last year to 91,273, and value traded during the month grew 58 per cent to £7.8 billion.
The average daily number of UK equity trades was 560,005, up 61 per cent on last year. Meanwhile, the average daily value traded in UK equity grew 24 per cent to £17.6 billion.
ETF trading was also extremely strong. The average daily value traded in ETFs was, at £131.1 million, over double the figure for March last year. The average daily number of trades also reached record levels, increasing 60 per cent to 1,869 trades.
There were 11 IPOs on the Main Market during March, which raised £3.6 billion between them. This included two IPOs from international companies, raising £1.3 billion. AIM attracted 16 IPOs during the month raising a total of £362.2 million between them.
RNS had a record month during March, disseminating a total of 20,058 company announcements. This was an increase of 21 per cent on March last year and represented 76 per cent of all announcements made in the UK market. Of these, 6,012 were news and results announcements.
There were 22 trading days during March, one fewer than during March 2006.
