London Stock Exchange posts higher gain
Last year, although its income was lower in trading business of core share as competition from new challenge intensified, London Stock Exchange had increased a gain by almost two third.The exchange that reported a merger with the Toronto Stock Exchange last three month,account gains of £268m (€305m), increase 65% in the year to March. One-off cost down from £98m(€111.5m) until £58m (€66m), whereas underlying gains increase by 22% become £341m (€388m).Incomes rose 2% become £616m (€700.7m) while turnover in its core capital markets operation down by 5% become £282m (€321m), its the exchange cut price to overcome of competition from start-up rivals like BATS Europe and Chi-X.
The trading income fell 15% become £86m (€97.8m) although the market of London show that.Then, although the daily volume of shares traded increase by 2% become £4.7bn (€5.3bn) and market share increase 63.5% become from 61.4%.The new acceptance has prepare some offset, with £13bn (€14.8bn) raised pass the total of 185 float almost threefold in previous year, then the junior market AIM help it.Next week, it must see the list commodities trading of big Glencore in the biggest single company float that ever seen in London until about $11bn (€7.7bn) at the price of shares sold.Yesterday, the trading of company ward speculation that flush of commodity price and metal price could see in the listing postponed.






