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In October €217 billion were turned over on Xetra and on the floor of Börse Frankfurt – a rise of 52 percent year-on-year (October 2006: €142 billion). Thereof €204 billion were traded on Xetra gaining 55 percent year-on-year (October 2006: €131.2 billion) and €13 billion on the floor (October 2006: €11,4 billion). German equities accounted for €203 billion, foreign equities comprising €10 billion. More than 97 percent of the transaction volume with German equities was executed at Börse Frankfurt. More than 79 percent of foreign equities were traded on Xetra and on the floor.
In the entire month 16 million transactions were executed on Xetra, a rise of 74 percent year-on-year (October 2006: 9.2 million).
According to the Xetra liquidity measure (XLM), Allianz SE was the most liquid DAX® blue chip in October with 4 basis points (bp) for an order volume of €100,000. EADS N.V. was the most liquid MDAX® stock with 20 bp. The most liquid ETF was the db-x-trackers II iBOXX Sovereigns Eurozone 1-3 TR with 2 bp. The most liquid foreign stock was ABN Amro with 7 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points (1 bp = 0.01 percent); a low XLM denotes high liquidity in a security.
Daimler AG was the strongest DAX® stock on Xetra in October at €14 billion. Klöckner & Co. was the top MDAX® stock at €1.1 billion while Air Berlin AG led the SDAX® stock at €220,8 million and Conergy AG headed the TecDAX® at €1.3 billion. At €2.9 billion, the iShares DAX EX was once again the exchange-traded fund with the largest turnover.
On all stock exchanges in Germany €239,1 billion were traded in October according to orderbook turnover statistics – a rise of 51 percent compared year-on-year (October 2006: €157.7 billion). This total included €229.5 billion in equities, warrants and exchange-traded funds, as well as €9.6 billion in fixed-income securities.
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