According to its order book statistics, Boerse Stuttgart generated turnover of around EUR 6.7 billion in September 2014. The trading volume was around 4 percent higher than in August.
Trading in securitised derivatives accounted for the largest share of the turnover, with the total turnover in this asset class just under EUR 3 billion. The trading volume of investment products was more than EUR 1.4 billion, while leverage products accounted for more than EUR 1.5 billion of the total turnover.
The order book turnover from equity trading was around EUR 1.1 billion. Turnover from trading in German equities was around EUR 722 million. At just over EUR 345 million, the trading volume of international equities was up more than 28 percent compared to the previous month.
Strong growth was recorded in the turnover from debt instrument trading in September. Altogether, the trading volume in this asset class amounted to more than EUR 1.8 billion, an increase of more than 21 percent on the previous month. Trading in corporate bonds accounted for the lion’s share at around EUR 1.2 billion – an increase of almost 15 percent in comparison with August. The strongest growth was recorded in trading in governments bonds issued by developed countries: at more than EUR 122 million, the volume was up almost 70 percent in comparison with August.
Trading in investment funds contributed around EUR 90 million to the total turnover in September. The trading volume of exchange-traded products (ETP) was more than EUR 691 million.
Click here to download detailed statistics for the month.
Note on the monthly statistics:
With effect from 1 July 2014, Boerse Stuttgart changed its evaluation process for generating the monthly statistics. This resulted in some new sub-categories, which means that comparison with the previous year is no longer possible. The relevant fields are marked n/a in the table.
For debt instruments, the new categorisation is essentially based on more precise differentiation between groups of issuers.
For securitised derivatives, the categorisation is exactly the same as the German Derivatives Association (DDV)’s product classification system: factor certificates, capital protection products with coupon and credit linked notes are now shown as separate categories.
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 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 (DDV). This ensures that comparisons between the different exchanges can also be made with regard to securitised derivatives.
