Trading on SETS, the London Stock Exchange’s order book, reached record levels during February 2007. The average daily number of trades on SETS increased 55 per cent on February 2006 to a record 413,506, while the average daily value traded was up 28 per cent to £7.46 billion. The total number of SETS trades during the month was 8.3 million and the total value traded was £149.1 billion.

On 28 February 2007, there were over 732,000 trades on SETS, a new high for a single trading day.

Included in the SETS figures for February, SETSmm had an excellent month. The total number of trades more than doubled compared with the same month last year, up 103 per cent to 2.0 million, while the total value traded increased 83 per cent on the same month last year to a record £14.7 billion.

Also included in the SETS figures, the Exchange's International Order Book (IOB) had a very strong month with the total number of trades up 72 per cent to 74,418, while the total value traded increased 37 per cent to £6.0 billion.

Meanwhile, trading in UK equities also reached record levels during February. The average daily number of trades increased 45 per cent to 466,074, and the average daily value traded increased 19 per cent to £15.8 billion.

ETF trading was also noteworthy, with the total number of trades up 68 per cent to 33,658, while the value traded increased 83 per cent to £2.3 billion. There were 5,889 trades in covered warrants and structured products during February, and the total value traded in these products increased 99 per cent to £57.0 million.

EDX London, the London Stock Exchange’s derivatives business, had a very good month. Trading in its Russian IOB derivatives service continued to build on an impressive start, with the average daily number of contracts traded reaching 4,156 contracts, nearly double the 2,119 contracts traded during January. The total value traded on the service now amounts to over $1 billion since launch.

On the primary market, the Exchange attracted five IPOs - including two from Russia - to the international Main Market, raising £1.1 billion between them. AIM attracted IPOs from 13 companies - including two from Canada - raising a combined total of £548.6 million.

RNS, the Exchange's service for the dissemination of company news, transmitted a total of 15,106 company announcements during February, a 15 per cent increase on February last year. Of these 4,696 were news and results announcements, representing 86 per cent of all company news and results announcements issued in the UK.

There were 20 trading days in February 2007, the same as in February 2006.

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Notes to editors:

• About the London Stock Exchange
  
  The London Stock Exchange is the world’s premier international equity exchange 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 in the world and Europe's largest pool of liquidity. By the end of 2006, the market capitalisation of UK and international companies on the London Stock Exchange’s markets amounted to £4.4 trillion, with £6.7 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 an autonomous company.
  
  For information about the company or any FTSE indices, please contact media@ftse.com



• SETS – the electronic order book
  
  It is over eight years since the launch of SETS and the order book continues to go from strength to strength, compressing spreads and significantly improving liquidity. SETS has recently delivered record increases in the number of orders entered and executed as new technology improves efficiency and fuels growth.



• SETSmm
  
  SETSmm is the Exchange’s 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.



• International Order Book (IOB)
  
  The IOB is the Exchange's order book for the trading of international Depositary Receipts, negotiable certificates which represent ownership of a given number of a company’s shares and can be listed and traded independently from the underlying shares.



• 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
FEBRUARY 2007

	2007			2006
DOMESTIC EQUITY TRADING	Month	Year to date		Month	Year to date
Equity Trading Value (£m)	315,985	643,023		264,878	532,918
Number of Equity Trades	9,321,471	19,132,825		6,428,834	12,984,341
INTERNATIONAL EQUITY TRADING
Equity Trading Value (£m)	403,958	752,283		296,401	597,664
Number of Equity Trades	2,746,166	5,346,519		1,817,999	3,793,353

ORDER BOOK TRADING
Order Book Value (£m)	149,144	305,650		116,389	234,138
Order Book Trades	8,270,117	17,008,848		5,331,532	10,750,482

	February 2007		February 2006
DOMESTIC MARKET CAPITALISATION (£bn)		2,011		1,908
TOTAL NUMBER OF COMPANIES		3,236		3,099
Main Market UK	1,259		1,336
Main Market International	320		330
of which techMARK	130		148
AIM	1,632		1,426
Professional Securities Market (Equity only)	25		7

	2007		2006
MONEY RAISED (£m)	Month	Year to date	Month	Year to date
Equity Money Raised:
New issues: Main Market UK	-	-	507	533
New issues: Main Market International	1,129	1,129	2,150	2,150
New issues: AIM	565	716	296	403
Further issues: Main Market UK	933	1,205	327	493
Further issues: Main Market International	453	456	6	290
Further issues: AIM	403	714	508	809
PSM (new & further, UK & International)	-	-	-	103
COMPANIES ADMITTED	23	40	43	73
Debt Money Raised (£m)
Main Market UK	6,655	17,629	7,132	19,559
Main Market International	27,497	46,673	15,575	24,776
PSM (UK & International)	183	335	1,242	3,389

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