Based on the order book statistics, turnover at Boerse Stuttgart in June 2016 was around EUR 7.8 billion, the highest figure since August of last year and around 40 percent up on the total for May. The increase was driven by the result of the UK referendum on 23 June, with a majority of voters opting for Brexit, i.e. to leave the EU. On the next day alone, turnover across all asset classes was around EUR 864 million compared with just under EUR 345 million on 23 June.
Securitised derivatives accounted for the largest share of total turnover in June. The volume of trades in this asset class was over EUR 3.3 billion, more than 38 percent up on the previous month. Over the same period, turnover from leverage products rose by around 28 percent to approximately EUR 1.6 billion, while derivative investment products contributed roughly EUR 1.8 billion – around 50 percent higher compared with the previous month and 8 percent up on the figure for June 2015.
Turnover from trading in equities ended the month at over EUR 1.6 billion, the highest monthly figure in this asset class since April 2015 – more than 32 percent up on the previous month and around 30 percent higher year-on-year. German equities generated around EUR 1.3 billion, while international equities contributed the remaining EUR 309 million.
Turnover from exchange-traded products also rose considerably. The monthly order book total in this asset class was around EUR 1.3 billion, over 76 percent up on the previous month and over 34 percent higher compared with June 2015. The total for investment fund units also rose substantially to end the month at around EUR 101 million, nearly 56 percent up on the figure for May 2016
Turnover from trading in debt instruments (bonds) passed the EUR 1.4 billion mark, a rise of approximately 27 percent month compared with the previous month. At over EUR 1 billion, the lion’s share of this total was generated from trading in corporate bonds.
