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Boerse Stuttgart generated turnover of just under EUR 8.7 billion in January 2013, according to its order book statistics. Market conditions were considerably improved, with turnover up 58 percent compared with the previous month. The transaction volume was at the same level as in January 2012.
Securitised derivatives accounted for the largest share of the turnover. Boerse Stuttgart, the largest European stock exchange for structured products, generated turnover of around EUR 3.8 billion in this asset class in January. This represents an increase of around 58 percent in comparison with December. At just under EUR 2.4 billion, trading in investment products accounted for the lion’s share of this turnover. Leverage products accounted for just under EUR 1.4 billion of the total transaction volume.
Turnover in debt instrument trading amounted to more than EUR 3 billion. This represents an increase of around 79 percent on December’s figure, and a slight increase of 2 percent in comparison with January 2012. German government bonds (‘Bunds’) enjoyed a particularly significant increase. Total turnover in Bunds amounted to around EUR 717 million, with the trading volume more than four times as high as in the previous month. A significant increase was also recorded in corporate bonds; at more than EUR 1.5 billion, turnover was up around 46 percent in comparison with December 2012.
The order book turnover in equity trading was around EUR 1.3 billion in January, with the trading volume up around 44 percent in comparison with December 2012 and almost 13 percent in comparison with January 2012. German equities contributed over EUR 1 billion to the total turnover, while international equities accounted for around EUR 281 million.
Turnover in exchange-traded products (ETPs) and investment fund units in January was more than EUR 550 million – an increase of more than 17 percent in comparison with December 2012. ETPs such as exchange-traded funds (ETFs) and exchange-traded commodities (ETCs) accounted for the largest share, with turnover of around EUR 500 million.
Monthly Statistics January 2013
Note on the monthly statistics:
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 stock 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 (Deutscher Derivate Verband - DDV). This ensures that comparisons between the different stock exchanges can also be made with regard to securitised derivatives.
