Deutsche Börse: Equities Turnover Up By 21 Percent Year-On-Year In October - Xetra Transactions Up By Almost 25 Percent

According to order book statistics, trading volume on German stock exchanges in October increased year-on-year by around 23 percent to €157.7 billion (October 2005: €128.2 billion). Equities turnover showed strong growth of 21 percent to €145.5 billion (October 2005: €119.3 billion). €135.6 billion was attributable to German equities and €9.9 billion to foreign equities.

According to total turnover statistics, turnover stood at €404.1 billion in October, up by around 19 percent on October 2005 (€339.3 billion). €368.4 billion was attributable to equities, warrants/certificates and exchange-traded funds, and €35.7 billion to bonds.

Around 9.3 million transactions were executed on Xetra in October, which represents a year-on-year increase of around 24 percent (October 2005: 7.5 million transactions).

In October, Allianz was the most liquid equity on the DAX® based on the Xetra liquidity measure (XLM) with 4 bp for an order volume of €100,000. Schwarz Pharma topped the MDAX® with 13 bp. The most liquid equity-based ETF was the DAXEX with 4 bp. The most liquid foreign equity was ING with 10 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.

The DAX security with the highest turnover in October was Allianz with €9 billion. Puma led the MDAX equities at €1 billion, while Kloeckner+Co topped the SDAX® equity index with €233 million, and Solarworld headed the TecDax® with €575.7 million. The ETF with the highest turnover remained the DAXEX at €1.6 billion.


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