MTS money market trading increased by 14 per cent while cash markets surged by 37 per cent. MOT retail bond volumes also increased by 15 per cent. Global client swaps averaged over one trillion dollars in notional value cleared per week.
Xavier Rolet, group chief executive said of the group's performance over the period:
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. We are focused on the ongoing development of our diversified business, including the opportunities at LCH.Clearnet, the expansion of our settlement and custody offering, development of our MTS Swaps service and sales of MillenniumIT software to global customers. In addition, we have seen exciting growth from SwapClear, as it continues to develop its interest rate swap clearing business in the US and elsewhere.
We are well positioned in a wide range of businesses, and in a number of growth markets, and remain firmly focused on the execution of our strategy.