August saw further year on year increases in trading volumes across the London Stock Exchange’s markets, with a 22 per cent increase on the same month last year in value traded and a 20 per cent increase in the number of trades. In total there were 4,965,401 trades during August with a value of £329.6 billion.

On SETS, the Exchange’s electronic order book, the average daily value traded was £3.0 billion, up 16 per cent on the same month last year. The total number of trades on SETS during the month was up 37 per cent on the previous year at 3.22 million, while the value traded increased 21 per cent to £63.2 billion.

Contributing to the SETS numbers, trading on SETSmm amounted to £2.73 billion, with a record 291,171 trades. August trading on EUROSETS, the Exchange’s new service for Dutch equities amounted to €1.03 billion.

There were 8,213 ETF trades on the London Stock Exchange in August with a total value of £405.1 million, an increase of 131 per cent by value on the same month last year. The value of covered warrants traded during the month was £12.1 million, up 80 per cent on August last year.

On the primary market there were nineteen IPOs, of which two were on the main market. With seventeen IPOs, including two from international companies, AIM attracted more than twice as many new companies in August 2004 as during the same month last year. AIM IPOs in August raised £90.57m, bringing the total for the year to date to £1,566.4 million. The number of companies on AIM reached 900 on 13th August, and by the end of the month there were 917 AIM companies.

There were 21 business days in August 2004, compared with 20 in August 2003.

For further information, please contact:

• 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. By the end of 2003, the market capitalisation of UK and international companies on the London Stock Exchange’s markets amounted to £3.3 trillion, with £3.6 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.

• SETS – the electronic order book.

  It is over six 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.

  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.

• IPO

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

• SETSmm

  SETSmm is the Exchange’s new 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

	August 2004
		2004		2003
	DOMESTIC EQUITY TRADING	Month	Year to date	Month	Year to date
	Equity Trading Value (£m)	155,394	1,540,774	146,237	1,165,527
	Number of Equity Trades	4,010,973	35,131,180	3,478,227	29,592,289
	INTERNATIONAL EQUITY TRADING
	Equity Trading Value (£m)	174,160	1,564,195	123,895	1,110,211
	Number of Equity Trades	954,428	7,648,982	648,496	6,814,315
	ORDER BOOK TRADING
	Order Book Value (£m)	63,225	582,109	52,044	456,624
	Order Book Trades	3,215,779	26,119,101	2,345,084	21,083,341
		August 2004		August 2003
	DOMESTIC MARKET CAPITALISATION (£bn)		1,374		1,283
	TOTAL NUMBER OF COMPANIES		2,762		2,701
	UK list	1,486		1,601
	Foreign	359		393
	AIM	917		707
	of which techMARK	171		188
		2004		2003
	MONEY RAISED (£m)	Month	Year to date	Month	Year to date
	UK & AIM New Issues Equity	106	3,975	22	1,770
	Further, Rights and Other	609	7,255	613	3,028
	Bonds, Warrants, Fixed Interest	3,908	85,686	3,495	72,887
	Int. New Issues Equity	-	587	-	100
	Further, Rights and Other	13	180	-	4,830
	Bonds, Warrants, Fixed Interest	3,066	65,328	9,523	64,753
	COMPANIES ADMITTED	36	244	15	99

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