Trading on the London Stock Exchange continued to be extremely strong during December 2006. Despite two half days during the month, the average daily number of trades on SETS was 346,286, up 67 per cent on December 2005, while the average daily value traded increased 47 per cent to £6.0 billion, making what is traditionally a quiet period the third busiest month on record. Up to 15 December, the average daily number of trades was 402,579, 30 per cent ahead of the average for the year as a whole.