Equity market round up: The month in numbers

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Equity market round up: The month in numbers

180,600,000,000 the dollar amount of equity capital raised in Bric countries (Brazil, Russia, India and China) so far this year. The total is up 137% on the same period in 2006 thanks to record volumes across all Bric markets.

15.7 the average percentage first-day return from IPOs backed by financial sponsors in the US this year. The figure is significantly higher than the 6.6% average day-one return from IPOs not backed by financial sponsors.

10,918,269,828 the turnover in euros of Chi-X, a pan-European multilateral trading facility, in September 2007. The figure is up 128% on the month before. The MTF, operated by Instinet, this October added French blue chips to its system, which already includes Dutch, German and UK stocks.

6.2 the average percentage year-on-year increase in share turnover being traded by large asset managers in the US. While large asset managers are now trading more, mid-sized and small ones are trading less. Their daily turnovers are shrinking at a rate of 14.1% and 9.9% respectively. According to consultancy Tabb Group, innovation in electronic trading tools, such as better front-ends and customized algorithms, are making it easier for larger buy-side firms to increase their daily workload.

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