New trading records were set across the London Stock Exchange's markets during October 2005. The average daily number of equity trades carried out across the Exchange was 357,658, bringing the total number of trades during the month to a record 7.5 million, an increase of 30 per cent on the number of trades during October last year. The average daily value traded was £22.8 billion, up 26 per cent on October 2004, and the total value traded during the month was £478.7 billion.

The average daily value traded on SETS reached £5 billion for the first time, an increase of 39 per cent on the average daily value traded during October 2004. The average daily number of trades reached a new high of 228,793, an increase of 31 per cent on the same period last year. In total there were 4.8 million trades on SETS during October 2005, worth £105.3 billion.

Included in the SETS figures, SETSmm and the International Order Book each recorded their strongest month yet. There were 786,287 SETSmm trades, worth a total of £6.9 billion and 39,795 trades on the International Order Book, worth a total of £3.5 billion.

Trading in ETFs was strong, with the total number of ETF trades during October 2005 up 86 per cent on the previous year to 12,008, and the total value traded up 226 per cent on the previous year to £1.1 billion.

The primary market also had a very good month in October, with a total of 32 IPOs raising just over £2.5 billion between them, the largest amount raised by IPOs in a single month since February 2001. Of these, 10 IPOs were on the Main Market, raising £2.0 billion between them, including three IPOs from international companies. There were 20 IPOs on AIM during October, raising £507 million between them.

In addition, there were two IPOs on the Exchange's new Professional Securities Market for wholesale securities. Electrosteel Castings Limited and Lloyd Electric and Engineering, both from India, issued Global Depositary Receipts on the PSM, raising £38 million between them.

There were 21 business days in October 2005, the same number as in October 2004.

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Notes to editors:

• About the London Stock Exchange

  The London Stock Exchange is one of the world’s foremost equity exchanges and a leading provider of services that facilitate the raising of capital and the trading of shares.

  The London Stock Exchange is the most international equities exchange by trading in the world and Europe's largest pool of liquidity. In 2004, 80% of all Western European IPOs floated in London. By the end of 2004, the market capitalisation of UK and international companies on the London Stock Exchange’s markets amounted to £3.5 trillion, with £4.7 trillion of equity business transacted over the year.

  The London Stock Exchange is a Recognised Investment Exchange (RIE) under the Financial Services and Markets Act 2000 and is supervised by the Financial Services Authority.

  Companies considering flotation have a choice of markets:

  AIM
  AIM is the London Stock Exchange’s international market specifically designed for smaller, growing companies, combining the benefits of a public flotation with appropriate levels of regulation.

  Main Market
  The London Stock Exchange’s Main Market for established companies seeking international recognition is one of the world’s best known, longest-established and most liquid markets. It is home to some of the world’s largest and most successful companies, giving them access to one of the deepest pools of capital in the world.

  Professional Securities Market
  The Professional Securities Market was established in July 2005, to coincide with the introduction of the FSA's new Listing Rules. PSM provides a solution for those issuers seeking to list securities in London without having to re-state their financial information to IFRS or follow the additional requirements of an offering to retail investors. Debt securities or depository receipts of any denomination may be listed on PSM on production of a prospectus aimed at a wholesale or professional audience.

• IPO
  An IPO or Initial Public Offering is when a new company joins one of our markets and raises capital by issuing shares. This excludes transfers and introductions (when companies join the market without raising money).

• Indices
  Indices are calculated and managed by FTSE Group, a world-leader in the creation and management of global equity indices. The FTSE Group is jointly owned by the London Stock Exchange and the Financial Times, but operates as a wholly autonomous company.

  For information about the company or any FTSE indices, please contact media@ftse.com

• SETS – the electronic order book
  It is over seven years since the launch of SETS and the service continues to go from strength to strength. Overall, the market is benefiting from tighter spreads and greater liquidity. Usage of SETS continues to grow, as shown by recent record increases in the number of orders entered, the number of firms using the order book and order book share of business.

• SETSmm
  SETSmm is the Exchange’s successful trading service for FTSE 250 and other leading non order book securities. By combining the best features of the existing SETS and SEAQ trading services, SETSmm appeals to market users who want to trade electronically, as well as those customers who use the market making system.

• Retail Trading Figures
  Retail trading figures are available from our website at –
  www.londonstockexchange.com/en-gb/products/membershiptrading/retailtradestat
  Figures are available from November 2002 to date.

LONDON STOCK EXCHANGE MONTHLY FACTSHEET FIGURES

2005

	2005			2004
DOMESTIC EQUITY TRADING	Month	Year to date		Month	Year to date
Equity Trading Value (£m)	230,997	2,066,989		194,942	1,945,706
Number of Equity Trades	5,687,111	52,267,343		4,718,184	44,409,818
INTERNATIONAL EQUITY TRADING
Equity Trading Value (£m)	247,672	2,177,878		184,405	1,936,660
Number of Equity Trades	1,823,700	14,749,447		1,059,882	9,668,615

ORDER BOOK TRADING
Order Book Value (£m)	105,327	865,856		75,723	735,220
Order Book Trades	4,804,645	42,515,556		3,658,902	33,344,743

	October 2005	October 2004
DOMESTIC MARKET CAPITALISATION (£bn)	1,718	1,430
TOTAL NUMBER OF COMPANIES	3,030	2,787
Main Market UK	1,362	1,472
Main Market International	334	357
of which techMARK	148	168
AIM	1,332	958
Professional Securities Market (Equity only)	2	-

	2005		2004
MONEY RAISED (£m)	Month	Year to date	Month	Year to date
Equity Money Raised:
New equity issues: UK Main Market	1,317	4,278	93	2,912
New equity issues: International Main Market	673	3,750	75	662
New issues: AIM	591	3,983	203	2,026
Further issues: UK Main Market	1,370	7,103	1,216	8,283
Further issues: Main Market International	-	325	13	192
Further issues: AIM	232	1,793	120	1,211
PSM (new & further, UK & International)	38	38	-	-
COMPANIES ADMITTED	40	498	43	318
				.
Debt Money Raised (£m)
Main Market UK	11,582	103,097	10,283	106,402
Main Market International	9,949	99,293	5,258	77,878
PSM (UK & International)	885	16,939	-	-

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