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Turnover at Boerse Stuttgart in April 2012 amounted to more than EUR 6.5 billion, according to its orderbook statistics. The mood among investors was considerably more restrained than in previous months. The largest share of the turnover was from trading in securitised derivatives, where total turnover was around EUR 3.3 billion. Investment products accounted for approximately EUR 1.8 billion of this, while leverage products contributed about EUR 1.5 billion.
Transactions volume in debt instruments was also down. The total turnover generated in this asset class in April was around EUR 1.9 billion, a fall of more than 16 percent year on year. However, in comparison with the period from January to April 2011, turnover was only down by just under 7 percent.
In equities trading, the high trading volumes of the first three months of the year could not be sustained. Altogether, turnover of around EUR 871 million was generated in this segment, of which German equities accounted for EUR 697 million and international equities for EUR 174 million.
Trading in investment fund units accounted for around EUR 456 million of the total turnover, approximately the same proportion as in April 2011. The lion’s share of EUR 415 million was generated from trading in exchange-traded products (ETPs).
Note on the monthly statistics:
Boerse Stuttgart’s monthly statistics are reported on the basis of the order book turnover. The turnovers of all the securities traded on each trading day are documented clearly and verifiably. The recording of securities transactions by order book is practised by all intermediary-based German stock exchanges and serves as a basis for comparing trading turnovers. For the securitised derivatives asset class, Boerse Stuttgart also calculates the trading turnover according to the volume of customer orders executed and forwards these to the German Derivatives Association (Deutscher Derivate Verband -DDV). This ensures that comparisons between the different stock exchanges can also be made with regard to securitised derivatives.
