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96 Billion Euros Turnover at Deutsche Börse’s Cash Market in November

germania

13 million trades executed on Xetra/ Total volume of 108 billion euros traded on all stock exchanges in Germany ..

            In November, 96.5 billion euros were traded on Xetra® and on the floor at Börse Frankfurt – a decrease of 21 percent year-on-year (November 2008: 122.2 billion euros). Of the 96.5 billion euros, 90.5 billion euros were traded on Xetra, a decrease of 21 percent year-on-year (November 2008: 114.5 billion euros). 5.9 billion euros were traded on the floor (November 2008: 7.7 billion euros).

            Turnover in German equities amounted to 81.3 billion euros, while foreign equities turnover stood at 12.5 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 November, 13.1 million transactions were executed on Xetra, a decrease of 28 percent against the same period last year (November 2008: 18.3 million).

            According to the Xetra liquidity measure (XLM), SAP AG was the most liquid DAX® blue chip in November with 6.7 basis points (bp) for an order volume of 100,000 euros. HeidelbergCement AG was the most liquid MDAX® stock with 20.5 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 15.6 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 November at 5.0 billion euros. HeidelbergCement AG was the top MDAX stock at 969.4 million euros, while KUKA AG led the SDAX® stocks at 50.3 million euros and Aixtron AG headed the TecDAX® at 642.9 million euros. At 1.4 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.

            On all stock exchanges in Germany 108.0 billion euros were traded in November according to orderbook turnover statistics – a decrease of 21 percent compared year-on-year (November 2008: 137.4 billion euros). This total includes 99.8 billion euros in equities, warrants and exchange-traded funds, as well as 8.2 billion euros in fixed-income securities.

             

            Source: ETFWorld / Deutsche Bourse

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