05/11/2009 116 Billion Euros Turnover at Deutsche Börse’s Cash Market in October

15 million trades executed on Xetra/ Total volume of 130 billion euros traded on all stock exchanges in Germany …..

In October, 115.6 billion euros were traded on Xetra® and on the floor at Börse Frankfurt – a decrease of 57 percent year-on-year (October 2008: 270.3 billion euros). Of the 115.6 billion euros, 108.0 billion euros were traded on Xetra, a decrease of 58 percent year-on-year (October 2008: 255.1 billion euros). 7.5 billion euros were traded on the floor.

Turnover in German equities amounted to 96 billion euros, while foreign equities turnover stood at 12 billion euros. Xetra and the floor at Börse Frankfurt accounted for 97 percent of the transaction volume in German equities on all stock exchanges in Germany. 93 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.

In October, 15.2 million transactions were executed on Xetra, a decrease of 50 percent against the same period last year (October 2008: 30.2 million).

According to the Xetra liquidity measure (XLM), SAP AG was the most liquid DAX® blue chip in October with 6.1 basis points (bp) for an order volume of 100,000 euros. HeidelbergCement AG was the most liquid MDAX® stock with 19.4 bp. The most liquid ETF was the db-x-trackers II EONIA T.R. 1C with 0.3 bp. The most liquid foreign stock was Total S.A. with 16.5 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points (1 bp = 0.01 percent); a low XLM denotes high liquidity in a security.

Deutsche Bank AG was the DAX stock with the highest turnover on Xetra in October at 6.9 billion euros. HeidelbergCement AG was the top MDAX stock at 1.9 billion euros, while Deutsche Wohnen Bank AG led the SDAX® stocks at 66.8 million euros and Aixtron AG headed the TecDAX® at 981.8 million euros. At 1.8 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.

On all stock exchanges in Germany 130.1 billion euros were traded in October according to orderbook turnover statistics – a decrease of 56 percent compared year-on-year (October 2008: 293.4 billion euros). This total includes 119.1 billion euros in equities, warrants and exchange-traded funds, as well as 10.9 billion euros in fixed-income securities.


Source: ETFWorld – Deutsche Börse


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