Based on its order book statistics, Boerse Stuttgart turned over around EUR 6.4 billion in November 2014. Although this was down on the figure for October, which was a particularly strong month, total turnover since January was nevertheless on a par with the previous year at around EUR 81 billion.
Trading in exchange-traded products (ETPs) generated the biggest increase and contributed over EUR 793 million to the November total. This was more than 37 percent up on the figure for November 2013. Turnover from investment fund units stood at EUR 97.5 million.
Securitised derivatives provided the lion’s share of total turnover for November with a trading volume of around EUR 2.9 billion. Turnover from leverage products almost reached EUR 1.7 billion. Investment products contributed over EUR 1.2 billion to the monthly total.
Turning to equities, the volume of trading again passed the EUR 1 billion mark. Turnover in German and international equities was around EUR 717 million and EUR 294 million respectively.
Trading in debt instruments generated over EUR 1.6 billion of turnover in November. Within this asset class, corporate bonds topped the list at roughly EUR 993 million.
Monthly Statistics November 2014
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. This ensures that comparisons between the different exchanges can also be made with regard to securitised derivatives.