LSE Says Diversified Group Performing Well
LONDON (dpa-AFX) - London Stock Exchange Group plc. (LSE.L), in its pre-close update for the five months ended 31 August 2013, said that the Group continues to make good progress, with good operational performance in particular at FTSE, in primary markets, fixed income and in OTC clearing at LCH.Clearnet. It said that Diversified Group performing well.
In fixed income trading, MTS money markets (repo) value traded increased 14 per cent; and, cash markets value traded increased 37 per cent; MOT retail bond trading volumes were strong, showing a 15 per cent increase.
The firm stated that LCH.Clearnet has seen strong growth in all OTC areas with IRS notional cleared of $205 trillion, up 29 per cent; CDS notional of $94 billion, a nearly five-fold increase; and, Forex notional of $379 billion, up by over 140 per cent. Fixed Income clearing of 30.8 trillion euros was up 3 per cent, Commodities were also up 3 per cent and equities broadly similar to the same period last year.
The Group expects to announce its Interim results for the six months ending 30 September 2013 on 13 November 2013.
Copyright RTT News/dpa-AFX