According to the order book statistics, total turnover from trading at Boerse Stuttgart reached almost EUR 89 billion in 2013, roughly the same level as in 2012. Equities trading set a new record, with order book turnover climbing to more than EUR 14.9 billion – over EUR 11.3 billion from German equities and around EUR 3.6 billion from international equities. Total turnover for this asset class was up more than 16 percent on the previous record in 2011 and around 32 percent up on the figure for 2012. These results were largely responsible for making Boerse Stuttgart Germany’s leading floor-trading exchange across every asset class in terms of trading volume.
Once again, Boerse Stuttgart maintained its leading position in the European securitised derivatives market with a trading volume of almost EUR 40 billion. With volatility low, demand for investment products generated turnover in excess of EUR 24 billion, compared with a figure of nearly EUR 16 billion for leverage products.
Boerse Stuttgart’s annual turnover from trading in investment funds and exchange-traded products (ETPs) was over EUR 8 billion. At over EUR 7 billion, the lion’s share of this total was attributable to ETPs such as exchange-traded funds (ETFs) and exchange-traded commodities (ETCs). In August 2013, Boerse Stuttgart established itself as the market leader in the floor trading of investment funds.
With turnover of more than EUR 25 billion, it also retained its leading position in the trading of debt instruments. At around EUR 11.5 billion, corporate bonds accounted for the largest share of the annual total in this asset class. Overall, the volume of trading in debt instruments was down by around 11 percent on the previous year due to the surge in demand for equities.
Boerse Stuttgart’s monthly turnover for December 2013 was just short of EUR 7 billion, roughly 25 percent up on the same month in 2012. “It is clear from our turnover figures, particularly in the last two months, that retail investors are slowly returning to the stock market. There are signs of renewed investor confidence in the financial markets,” noted Christoph Lammersdorf, CEO of the Management Board of Boerse Stuttgart Holding GmbH.
Notes on the annual statistics:
Boerse Stuttgart’s annual 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.
