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In March, 110.2 billion euros were traded on Xetra and on the floor at Börse Frankfurt – an increase of 9 percent year-on-year (March 2009: 100.9 billion euros). Of the 110.2 billion euros, 103.3 billion euros were traded on Xetra, an increase of 10 percent year-on-year (March 2009: 93.8 billion euros). 6.9 billion euros were traded on the floor, a decrease of 3 percent (March 2009: 7.1 billion euros).
Turnover in German equities on Deutsche Börse’s cash markets amounted to 95.2 billion euros, while foreign equities turnover stood at 11.9 billion euros.
Xetra and the floor at Börse Frankfurt accounted for 96 percent of the transaction volume in German equities on all stock exchanges in Germany. 88 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In March, 14.9 million transactions were executed on Xetra, a decrease of 5 percent against the same period last year (March 2009: 15.7 million).
According to the Xetra liquidity measure (XLM), Deutsche Telekom AG was the most liquid DAX blue chip in March with 4.8 basis points (bp) for an order volume of 100,000 euros. EADS NV was the most liquid MDAX stock with 16.2 bp.
The most liquid ETF was Amundi ETF EONIA with 0.3 bp. The most liquid foreign stock was Air Liquide with 10.0 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.
Deutsche Bank AG was the DAX stock with the highest turnover on Xetra in March at 7.1 billion euros. HeidelbergCement AG was the top MDAX stock at 918.5 million euros, while Bertrandt AG led the SDAX stocks at 53.6 million euros and Aixtron AG headed the TecDAX at 854.3 million euros. At 1.2 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.
On all stock exchanges in Germany 124.9 billion euros were traded in March according to orderbook turnover statistics – an increase of 5 percent compared year-on-year (March 2009: 119.2 billion euros). This total includes 115.0 billion euros in equities, warrants and exchange-traded funds, as well as 9.9 billion euros in fixed-income securities.
