Total equity value traded was £173.4bn. The average daily value traded on the UK order book was £4.2bn, 7% higher than the previous month but a fall of 44% year on year.

Significant volatility which led to record volumes in equity markets last year affected year-on-year comparisons. However trading in ETFs, ETCs, fixed income and derivatives products showed strong growth in October.

ETF and ETC trading set new records, with average daily trades up 84% on last year.

The average daily value traded on the MTS cash markets increased 76%, while EDX London also performed strongly, seeing its second busiest month ever for number of contracts traded.

Story provided by Business Financial Newswire