In June €249.7 billion were turned over on Xetra and on the floor of Börse Frankfurt – a rise of 57 percent year-on-year (June 2006: €158 billion). Thereof €234,4 billion were traded on Xetra gaining 58 percent year-on-year (June 2006: €147.8 billion) and €15.3 billion on the floor. German equities accounted for €234,7 billion, foreign equities comprising €11 billion. More than 97 percent of the transaction volume with German equities was executed at Börse Frankfurt. More than 81 percent of foreign equities were traded on Xetra and on the floor.
In the entire month 14.9 million transactions were executed on Xetra, a rise of 55 percent year-on-year (June 2006: 9.5 million).
According to the Xetra liquidity measure (XLM), Siemens AG was the most liquid DAX® blue chip in March with 4 basis points (bp) for an order volume of €100,000. Puma AG was the most liquid MDAX® stock with 5 bp. The most liquid equity-based ETF was the db-x-trackers II EONIA Total Return with 3 bp. The most liquid foreign stock was ABN Amro with 8 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.
Allianz SE was the strongest DAX® stock on Xetra in June at €21.8 billion. Merck KGAA was the top MDAX® stock at €1.5 billion while Air Berlin led the SDAX® stock at €368.2 million and Solarworld AG headed the TecDAX® at €651 million. At €4.6 billion, the DAX EX was once again the exchange-traded fund with the largest turnover.
On all stock exchanges in Germany €273.7 billion were traded in June according to orderbook turnover statistics – a rise of 58 percent compared year-on-year (June 2006: €172.8 billion). This total included €264.3 billion in equities, warrants and exchange-traded funds, as well as €9.4 billion in fixed-income securities.
