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According to its order book statistics, Boerse Stuttgart generated turnover of around EUR 7 million in May 2014. The trading volume almost reached April’s level.
Securitised derivatives accounted for the largest share of the turnover. The total turnover in this asset class in May was more than EUR 3 billion. At around EUR 1.7 billion, the trading volume of investment products was up around 7 percent on the previous month. Leverage products accounted for just under EUR 1.4 billion of the total turnover.
At around EUR 1.2 billion, the order book turnover from equity trading was almost unchanged in comparison with the previous month. While turnover in German equities was down slightly in comparison with April, at about EUR 863 million, the trading volume of international equities was up around 7 percent, at approximately EUR 303 million.
The turnover from trading in debt instruments was more than EUR 2.1 billion in May – an increase of 4 percent in comparison with April. Corporate bonds accounted for the largest share of the trading volume, at more than EUR 1.2 billion.
Trading in investment funds contributed around EUR 672 million to the total turnover. Exchange-traded products (ETP) generated turnover of about EUR 589 million, while investment fund units generated turnover of approximately EUR 83 million.
Note on the monthly statistics
Since January 2014, order book turnover for factor certificates (under leverage products) has been listed under the heading ‘Exotic products’. This accounts for the sharp increase in this category year on year. Up to the end of 2013, factor certificates were allocated to the category ‘Index and participation certificates (Tracker certificates)’. The new structure corresponds to the product classifications used by the German Derivatives Association (Deutscher Derivateverband - DDV).
