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Deutsche Börse: 43 Percent Rise In Turnover On Xetra In November - Total Volume Of €267 Billion Traded On All Stock Exchanges In Germany

Date 03/12/2007

In November €244.6 billion were turned over on Xetra and on the floor of Börse Frankfurt – a rise of 41 percent year-on-year (November 2006: €173,5 billion). Thereof €230.4 billion were traded on Xetra gaining 43 percent year-on-year (November 2006: €161 billion) and €14.2 billion on the floor (November 2006: €12.5 billion). German equities accounted for €229.8 billion, foreign equities comprising €10.7 billion. More than 97 percent of the transaction volume with German equities was executed at Börse Frankfurt. More than 79 percent of foreign equities were traded on Xetra and on the floor.

In the entire month 19 million transactions were executed on Xetra, a rise of 87 percent year-on-year (November 2006: 10.2 million).

According to the Xetra liquidity measure (XLM), Allianz SE was the most liquid DAX® blue chip in November with 4 basis points (bp) for an order volume of €100,000. Salzgitter AG was the most liquid MDAX® stock with 24 bp. The most liquid ETF was the db-x-trackers II iBOXX Sovereigns Eurozone 1-3 TR with 2 bp. The most liquid foreign stock was Royal Dutch Shell with 12 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.

Siemens AG was the strongest DAX® stock on Xetra in November at €17 billion. Salzgitter AG was the top MDAX® stock at €1.6 billion while Gildemeister AG led the SDAX® stock at €187 million and Q-Cells AG headed the TecDAX® at €1.7 billion. At €4.1 billion, the iShares DAX EX was once again the exchange-traded fund with the largest turnover.

On all stock exchanges in Germany €267.2 billion were traded in November according to orderbook turnover statistics – a rise of 40 percent compared year-on-year (November 2006: €190.5 billion). This total included €256.4 billion in equities, warrants and exchange-traded funds, as well as €10.8 billion in fixed-income securities.

DAX®, MDAX®, SDAX®, and TecDAX® are registered trademarks of Deutsche Börse AG.