According to its order book statistics, Boerse Stuttgart recorded turnover of around EUR 6.4 billion in August. The trading volume was slightly lower than in July.
Trading in securitised derivatives accounted for the largest share of the aggregate turnover. The total turnover in this asset class was just under EUR 3 billion. Turnover in leverage products was around EUR 1.6 billion in August, about 5 percent higher than in July and more than 27 percent higher than in the same month in 2013. Investment products accounted for almost EUR 1.4 billion of the total turnover in August.
At around EUR 1.1 billion, the order book turnover from equity trading was about the same as in July. Turnover from trading in German equities was more than EUR 803 million, while trading in international equities generated more than EUR 269 million in turnover.
Turnover from debt instrument trading in August was more than EUR 1.5 billion. The trading volume was slightly lower than in August 2013. Corporate bonds accounted for the largest share of the turnover, at more than EUR 1 billion.
The trading volume of exchange-traded products was around EUR 747 million – up more than 18 percent in comparison with July and around 45 percent in comparison with August 2013. Trading in investment funds contributed around EUR 94 million to the total turnover in August. The trading volume was up slightly in comparison with July.
Note on the monthly statistics:
With effect from 1 July 2014, Boerse Stuttgart changed its evaluation process for generating the monthly statistics. This resulted in some new sub-categories, which means that comparison with the previous year is no longer possible. The relevant fields are marked n/a in the table.
For debt instruments, the new categorisation is essentially based on more precise differentiation between groups of issuers.
For securitised derivatives, the categorisation is exactly the same as the German Derivatives Association (DDV)’s product classification system: factor certificates, capital protection products with coupon and credit linked notes are now shown as separate categories.
Boerse Stuttgart’s monthly statistics are reported on the basis of the order book turnover. The turnovers of all the securities traded on each trading day are documented clearly and verifiably. The recording of securities transactions by order book is practised by all intermediary-based German exchanges and serves as a basis for comparing trading turnovers. For the securitised derivatives asset class Boerse Stuttgart also calculates the trading turnover according to the volume of customer orders executed and forwards these to the German Derivatives Association. This ensures that comparisons between the different exchanges can also be made with regard to securitised derivatives.