The number of electronic trades on the London Stock Exchange reached new highs during July, with a total of 12.1 million trades carried out on SETS during the month, an increase of 96 per cent on July 2006. The value traded increased by 77 per cent to £191.1 billion. The average daily number of trades was up 87 per cent on last year to 551,447, while the average daily value traded grew 69 per cent year on year to £8.7 billion.