During 2007, 212 million electronic equity trades, with a combined value of £3.2 trillion (€4.7 trillion), were carried out on the cash markets of Borsa Italiana and the London Stock Exchange. The average daily number of trades over the year increased 55 per cent on 2006 to 839,244, while the average daily value traded grew 41 per cent to £12.8 billion (€18.6 billion).