410 Billion Euros In Turnover On The German Stock Exchanges In October - New Xetra Record In MDAX, SDAX And Neuer Markt Stocks

A total volume of 410.5 billion euros was traded in equities, warrants and fixed-income securities on the German stock exchanges in October. This corresponds to an increase of about 22 percent over the previous year’s figure (336.75 billion euros in October 1999). The total comprises about 320 billion euros in equities, warrants and exchange-traded funds, and 90.7 billion euros in fixed-income securities. Frankfurt turnover in equities for the first 10 months of the year amounted to 3.48 trillion euros, about 35 percent higher than the volume posted in equities for the previous year as a whole (2.46 trillion euros in 1999). Compared with the first 10 months of last year, the turnover in equities has increased 83 percent this year, from 1.9 trillion to 3.48 trillion euros. Trading at FWB, the Frankfurt Stock Exchange, accounts for roughly 87 percent of the total equities turnover in Germany.

The order-book statistics of Deutsche Börse, which are based on single counting of all transactions in the order book of Xetra and on the trading floor, show that a total volume of 100.5 billion euros was traded in equities on the German exchanges in October. Of this total, volume of 87.1 billion euros was traded in German equities, 74 billion euros (roughly 85 percent) through Xetra, and some 9.6 billion euros (or 11 percent) in trading on the floor of FWB. Xetra set a new record in the MDAX stocks for the fifth month in a row, with 62.8 percent of the total turnover in these equities. Xetra is also posting an increasing share of the volume traded in the growth stocks and the SMAX (small-cap quality) segment : about 65 percent of all Nemax-50 turnover and 28.5 percent of all SDAX turnover in October were posted through Xetra.

Siemens AG was the most active DAX blue chip in October with volume of 11.1 billion euros traded in its shares. MLP was the leading MDAX stock, with 280 million euros in shares traded, and Intershop was the top Neuer Markt stock with share turnover of 2.14 billion euros. In the SMAX stocks, OAR Consulting AG ranked first with a volume of 34.1 million euros traded in its shares.