3.4 Billion Euros In Turnover In XTF Segment In April - XTF Segment Posts Second-Highest Volume Since Market Launch - High Turnover In Cross-Listed Products

In April 2002, some 3.4 billion euros in volume was traded in XTF, Deutsche Börse's stock-exchange segment for index funds and actively managed funds. That is the second-highest monthly turnover posted since the market was launched in April 2000, and represents an increase of 36 percent compared with the year before (April 2001: approx. 2.5 billion euros). With a market share of about 50 percent, the XTF segment was the European market leader in exchange-traded funds again in April.

The index fund on the DAX and two index funds on the Euro STOXX 50 (DJ Euro STOXX EX and DJ Euro STOXX 50 LDRS) were among the 30 most heavily traded, and thus most liquid, securities on Xetra. These products were traded as heavily as DAX equities. About 1.2 billion euros in volume was traded in the index fund on the DAX (DAX EX) in April.

In nearly all of the cross-listed products, which are listed on more than one European exchange, the XTF segment posted the bulk of the volume traded in April. XTF is thus continuing to expand its position as the leading and most liquid segment for exchange traded funds in Europe. There are currently 43 index funds and 13 actively managed funds listed in the XTF segment.