In February, 103 billion euros were traded on Xetra and on the floor at Börse Frank-furt – an increase of 23.5 percent year-on-year (February 2009: 83.4 billion euros). Of the 103 billion euros, 96.9 billion euros were traded on Xetra, an increase of 25 percent year-on-year (February 2009: 77.2 billion euros). 6 billion euros were traded on the floor, a decrease of 1.6 percent (February 2009: 6.1 billion euros).
Turnover in German equities amounted to 87.9 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. 92 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In February, 14.3 million transactions were executed on Xetra, an increase of 9 per-cent against the same period last year (February 2009: 13.1 million).
According to the Xetra liquidity measure (XLM), Deutsche Telekom AG was the most liquid DAX blue chip in February with 6.3 basis points (bp) for an order volume of 100,000 euros. HeidelbergCement AG was the most liquid MDAX stock with 17.8 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 Air Liquide with 13.4 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expres-sed in basis points (1 bp = 0.01 percent); a low XLM denotes high liquidity in a se-curity.
Deutsche Bank AG was the DAX stock with the highest turnover on Xetra in February at 6.7 billion euros. HeidelbergCement AG was the top MDAX stock at 1.2 billion eu-ros, while Bertrandt AG led the SDAX stocks at 25.1 million euros and Aixtron AG headed the TecDAX at 698.8 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 114.6 billion euros were traded in February ac-cording to orderbook turnover statistics – an increase of 16 percent compared year-on-year (February 2009: 98.5 billion euros). This total includes 106 billion euros in equities, warrants and exchange-traded funds, as well as 8.6 billion euros in fixed-income securities.