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In the first quarter of 2013 both marketplaces XONTRO and Equiduct reached a total turnover of 12.5 billion euro, a minus of 10.7 % compared to Q4/2012 (14 billion euro). At the same time the number of trades decreased by 9.8 %, from 1.94 million to 1.75 million.
Berlin, 3rd of April 2013. In broker-aided Xontro-trading the number of trades increased by impressive 47.4 % (Q4/2012: 36,185 trades, Q1/2013: 53,348 trades). Turnover declined by 16.7 % to three billion euro (Q4/2012: 3.6 billion euro). These figures reflect the renewed interest of German investors in equities since January 2013.
In the same period of time Equiduct observed a slight decline from 1.9 million trades to 1.7 million trades, - 10.5 %. This resulted in turnover contracting by 8.7 %, from 10.4 billion euro in Q4/2012 to 9.5 billion euro in the first quarter of 2013, though this was a 14 % increase compared with the same period in 2012. Equiduct has also continued to deliver Best Execution, which enabled clients trading on PartnerEX to benefit from an average price improvement per trade of €1.89 in Q1, allowing European retail investors to save €279,698 by trading at the best price.
For more information please visit www.equiduct.com.
