Crédit Agricole Cheuvreux publishes its September Market Indicators produced in conjunction with TAG.

Volatility continues to decrease Trading volumes increase by 15% since August
Crédit Agricole Cheuvreux publishes its September Market Indicators produced in conjunction with TAG.
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• [[ RichText template tag style is not configured ]] . This is due to an increase in both the number of trades and in average trade size. Two days showed abnormal flow: on the US Labour Day holiday on 6 September, volumes dropped to 50% of their normal levels, while Quadruple Witching on 17 September led to volumes peaking to twice their usual levels, with the primary markets being the major beneficiaries.

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• Volatility continues to decrease, spreads continue to tighten and every venue is increasing the percentage of time at which orders match the EBBO. [[ RichText template tag style is not configured ]] , while Chi-X's figures decreased, especially with regard to German and UK stocks.

• Future Trends: The LSE group will be rolling out Millennium technology for the main UK order book. It will be interesting to see if this process runs more smoothly than the recent migration of Turquoise, during which its market share saw a marked decline.

Please see attached document Read the press release ( - 283.62 ko) for more details.