London Stock Exchange Group said Thursday its trading is in line with its expectations for the fiscal year ending March 31, despite lower activity levels in the "difficult market conditions".

The stock exchange operator's average daily number of trades in the 11 months ended February 28 rose 17% to 735,000 trades, largely reflecting a strong performance in the first half of its fiscal year. At Borsa Italiana, part of LSE since October 2007, it fell 12%.