UK Order Book
The average daily number of UK equity trades on the order book during 2007 was up 75 per cent on last year, reaching 530,239, while the average daily value traded was up 40 per cent to £7.9 billion (€11.5 billion). The total number of UK order books trades during the year was 134.2 million, and the total value traded was £2.0 trillion.
During December 2007, the average daily number of order book trades in UK equities was 591,841, up 76 per cent on 2006. Over the same period, the average daily value traded increased 20 per cent to £6.8 billion.
Italian Order Book
During the year as a whole, the total number of order book trades in Italian equities reached 73.1 million, an increase of 24 per cent on last year, while the total value traded reached €1.6 trillion (£1.1 trillion) up 38 per cent on the total for 2006.
The average daily number of trades in Italian equities during December 2007 was 248,896, up four per cent on December 2006, and the average daily value traded was €4.7 billion (£3.5 billion), up three per cent.
International Order Books
In 2007, the total number of order book trades in international securities was 4.8 million, an increase of 139 per cent on the 2 million trades during 2006. The total value traded also grew, up 79 per cent to £147.0 billion (€213.5 billion).
During December 2007, there were 397,536 electronic trades in international securities across both markets, an increase of 121 per cent on the same month in 2006. The total value traded was £12.8 billion (€17.4 billion), up 119 per cent on December 2006. The average daily number of trades during the month was 20,982, up 122 per cent on December 2006 and the average daily value traded increased 119 per cent to £673.9 million (€919.0 million).
ETF and ETCs
The total number of electronic trades in ETFs and ETCs during 2007 was 1.5 million, 75 per cent higher than the previous year. The total value traded during the year nearly doubled, up 97 per cent on the total for 2006 to £34.8 billion (€50.5 billion).
The total number of ETF and ETC trades on the exchanges’ markets in December 2007 was 102,159 and the total value traded was £2.9 billion (€4.0 billion). Compared with December 2006, this was a 36 per cent increase by number of trades and an 87 per cent increase by total value traded.
Derivatives
In 2007, the total number of derivatives contracts traded across EDX and IDEM increased 32 per cent on the 2006 to a total of 79.9 million, while the notional value traded grew 45 per cent to £1.5 trillion (€2.2 trillion). In December, 5.6 million contracts were traded, with a notional value of £118.4 billion (€161.5 billion). The average daily number of contracts traded, during the month increased to 329,165, up 52 per cent compared with December 2006.
Separately, there were 5.0 million trades in securitised derivatives during the course of 2007, an increase of nine per cent on the number of trades the previous year. The total value traded was up 26 per cent on 2006 to £60.6 billion (€88.8 billion). Of the total, December accounted for 250,624 trades in securitised derivatives, with a combined value of £2.5 billion (€3.4 billion).
