Trading on SETS, the London Stock Exchange’s order book, reached record levels during February 2007. The average daily number of trades on SETS increased 55 per cent on February 2006 to a record 413,506, while the average daily value traded was up 28 per cent to £7.46 billion. The total number of SETS trades during the month was 8.3 million and the total value traded was £149.1 billion.