Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Boerse Stuttgart Achieves A Turnover Of EUR 9.8 Billion In May - Turnover In Securitised Derivatives And Bonds Rises By Roughly One Quarter - Strong Demand For German Government Bonds (Bunds)

Date 01/06/2011

In May 2011 Boerse Stuttgart, according to its order book statistics, had a turnover of around EUR 9.8 billion. This meant an increase of more than 24 percent in comparison with the previous month; in a year-on-year comparison trading volumes were up by 10.7 percent. After April, when turnover was weaker, trading volumes in May were therefore back up to the level of the first three months of 2011.

The lion's share of trading volume was accounted for by securitised derivatives. With more than EUR 5.1 billion, turnover in May was more than 24 percent higher than in the previous month. Leverage products accounted for EUR 2.5 billion of trading volume, while investment products contributed more than EUR 2.6 billion.

Turnover in bond trading rose by more than 25 percent in comparison with the previous month and were up to EUR 2.8 billion. Year-on-year the increase in turnover was almost 63 percent. German government bonds (Bunds) were particularly frequently traded. In comparison with the previous month, turnover rose by more than 68 percent to EUR 799 million. In a year-on-year comparison volumes had almost quadrupled.

In May, investment fund trading accounted for EUR 725 million of the overall turnover. In trading with exchange-traded funds (ETFs) and exchange-traded commodities (ETCs) Boerse Stuttgart recorded a turnover of around EUR 652 million, over 59 percent more than in the previous month.

Trading in equities also showed a positive development in May. In this segment trading volumes amounted to around EUR 1.1 billion. This is equivalent to a year-on-year rise in turnover of around 18 percent. The biggest proportion was accounted for by turnover in German equities, which rose by 8.3 percent to around EUR 826 million in comparison with the previous month.

Click here to download detailed statistics.