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In June, €87.9 billion were turned over on Xetra® and on the floor at Börse Frankfurt – a decrease of 49 percent year-on-year (June 2008: €171.9 billion). Of the €87.9 billion turnover €81.7 billion were traded on Xetra, a decrease by 50 percent year-on-year (June 2008: €164.4 billion) and €6.2 billion on the floor (June 2008: €7.6 billion).
German equities accounted for €75.7 billion, while €9.2 billion were turned over in foreign equities. 97 percent of the transaction volume with German equities was executed on Xetra and the floor at Börse Frankfurt. 91 percent of foreign equities were traded on Xetra and on the floor.
In the entire month 13.3 million transactions were executed on Xetra, a decrease by 17 percent year-on-year (June 2008: 15.9 million).
According to the Xetra liquidity measure (XLM), RWE AG was the most liquid DAX® blue chip in June with 9.6 basis points (bp) for an order volume of €100,000. Wacker Chemie AG was the most liquid MDAX® stock with 52.6 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 17.8 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 June at €6.3 billion. Wacker Chemie AG was the top MDAX stock at €335 million, while Deutsche Wohnen AG led the SDAX® stocks at €32 million and Infineon Technologies AG headed the TecDAX® at €652 million. At roughly €1.1 billion, the iShares DAX was the exchange-traded fund with the largest turnover.
On all stock exchanges in Germany €101.6 billion were traded in June according to orderbook turnover statistics – a decrease of 47 percent compared year-on-year (June 2008: €189.9 billion). This total includes €90.5 billion in equities, warrants and exchange-traded funds, as well as €11.1 billion in fixed-income securities.
