In October 2010 Boerse Stuttgart, according to its order book statistics, had a turnover of more than EUR 7.75 billion. Trading volumes were up by 2.5 percent in comparison with the previous month's figures.
At Europe's biggest stock market for securitised derivatives this asset class also accounted for a substantial proportion of turnover. In total, Boerse Stuttgart's trading volume in leverage and investment products amounted to more than EUR 4.25 billion in October. These figures very clearly show that investors are increasingly favouring warrants. Trading volumes in these products were around 16 percent up on the previous month's results.
This month Boerse Stuttgart can also report a significant growth in equities trading where turnover amounted to EUR 970 million. Trading in German equities was up by more than 16 percent in comparison with September, while international equities saw a growth of almost 12 percent. In the case of international equities, investors were particularly active in trading commodities, with rare earth equities from China attracting particularly strong demand. The recent reporting period also saw unusually high volumes of international equities being traded at the end of the quarter.
The boom in exchange-traded funds (ETFs) continues, with trading volume up by almost 34 percent as compared with the previous month, rising to more than EUR 516 million.
In a year-on-year comparison, trading volumes for ETFs even rose by more than 70 percent.
Bond trading at the Stuttgart Stock Exchange remained at a high level. Convertible bonds and Länder jumbos issued by the German federal states showed above-average growth. The lion's share in this trading segment was generated by corporate bonds where trading volumes amounted to almost EUR 1.2 billion.