In May, 163.4 billion euros were traded on Xetra and on the floor at Börse Frankfurt – an increase of 69 percent year-on-year (May 2009: 96.3 billion euros) and an increase of 29 percent compared to April 2010 (126.0 billion euros). Of the 163.4 billion euros, 155.4 billion euros were traded on Xetra, an increase of 73 percent year-on-year (May 2009: 89.7 billion euros). 8 billion euros were traded on the floor, an increase by 23 percent (May 2009: 6.5 billion euros).
Turnover in German equities on Deutsche Börse’s cash markets amounted to 141 billion euros, while foreign equities turnover stood at 18.8 billion euros. Xetra and the floor at Börse Frankfurt accounted for 97 percent of the transaction volume in German equities on all stock exchanges in Germany. 89 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In May, 20.7 million transactions were executed on Xetra, an increase of 40 percent against the same period last year (May 2009: 14.7 million).
According to the Xetra liquidity measure (XLM), Deutsche Telekom AG was the most liquid DAX blue chip in May with 6.3 basis points (bp) for an order volume of 100,000 euros. EADS was the most liquid MDAX stock with 20.4 bp. The most liquid ETF was DB X-TR.II-EONIA T.R. 1C with 0.6 bp. The most liquid foreign stock was Royal Dutch Shell with 15.7 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.
Deutsche Bank AG was the DAX stock with the highest turnover on Xetra in May at 10.7 billion euros. HeidelbergCement AG was the top MDAX stock at 1.5 billion euros, while A. Springer AG led the SDAX stocks at 28.2 million euros and Aixtron AG headed the TecDAX at 1.2 billion euros. At 2.9 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.
On all stock exchanges in Germany 177.8 billion euros were traded in May according to orderbook turnover statistics – an increase of 58 percent compared year-on-year (May 2009: 111.9 billion euros). This total includes 170.6 billion euros in equities, warrants and exchange-traded funds, as well as 7.2 billion euros in fixed-income securities.
