Deutsche Börse: In July, €90.4 billion were turned over on Xetra® and on the floor at Börse Frankfurt – a decrease of 55 percent year-on-year (July 2008: €201.4 billion). Of the €90.4 billion turnover €84.1 billion were traded on Xetra, a decrease by 56 percent year-on-year (July 2008: €193.3 billion). €6.3 billion were traded on the floor (July 2008: €8.1 billion).
Turnover in German equities amounted to €77.3 billion, while foreign equities turnover stood at €10.1 billion. Xetra and the floor at Börse Frankfurt accounted for 97 percent of the transaction volume with German equities on all stock exchanges in Germany. 92 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In July, 13.7 million transactions were executed on Xetra, a decrease of 30 percent against the same period last year (July 2008: 19.5 million).
According to the Xetra liquidity measure (XLM), Deutsche Telekom AG was the most liquid DAX® blue chip in July with 9.4 basis points (bp) for an order volume of €100,000. Wacker Chemie AG was the most liquid MDAX® stock with 44.3 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 Royal Dutch Shell with 18.0 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 strongest DAX stock on Xetra in July at €6.9 billion. Wacker Chemie AG was the top MDAX stock at €411 million, while Aareal Bank AG led the SDAX® stocks at €32 million and Infineon Technologies AG headed the TecDAX® at €1.6 billion. At roughly €1.5 billion, the iShares DAX was the exchange-traded fund with the largest turnover.
On all stock exchanges in Germany €103.8 billion were traded in July according to orderbook turnover statistics – a decrease of 52 percent compared year-on-year (July 2008: €218.6 billion). This total includes €93.4 billion in equities, warrants and exchange-traded funds, as well as €10.4 billion in fixed-income securities.
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Orderbook turnover July 2009 | 8 KB |