In August, 89.7 billion euros were traded on Xetra and on the floor at Börse Frankfurt – an increase of 3 percent year-on-year (August 2009: 87.5 billion euros). Of the 89.7 billion euros, 83.8 billion euros were traded on Xetra, an increase of 3 percent year-on-year (August 2009: 81.1 billion euros). 5.9 billion euros were traded on the floor, a decrease by 7 percent (August 2009: 6.4 billion euros).
Turnover in German equities on Deutsche Börse’s cash markets amounted to 75.8 billion euros, while foreign equities turnover stood at 10.9 billion euros. Xetra and the floor at Börse Frankfurt accounted for 96 percent of the transaction volume in German equities on all stock exchanges in Germany. 89 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In August, 14.4 million transactions were executed on Xetra, an increase of 10 percent against the same period last year (August 2009: 13 million).
According to the Xetra liquidity measure (XLM), SAP AG was the most liquid DAX blue chip in August with 6.19 basis points (bp) for an order volume of 100,000 euros. EADS was the most liquid MDAX stock with 19.33 bp. The most liquid ETF was DB X-TR.II-EONIA T.R. 1C with 0.31 bp. The most liquid foreign stock was Royal Dutch Shell with 10.82 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 August at 5.1 billion euros. Lanxess AG was the top MDAX stock at 544.1 million euros, while Bertrandt AG led the SDAX stocks at 39.7 million euros and Aixtron AG headed the TecDAX at 784.5 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 102.7 billion euros were traded in August according to order book turnover statistics – an increase of 2 percent compared year-on-year (August 2009: 100.5 billion euros). This total includes 94 billion euros in equities, warrants and exchange-traded funds, as well as 8.7 billion euros in fixed-income securities.