100 Billion Euro Turnover at Deutsche Börse in April

15.1 million trades executed on Xetra/ Total volume of €115.7 billion traded on all stock exchanges in Germany

In April, €100.0 billion were turned over on Xetra and on the floor at Börse Frankfurt – a decrease of some 43 percent year-on-year (April 2008: €175.4 billion). Of the €100.0 billion turnover €93.5 billion were traded on Xetra, a decrease by some 44 percent year-on-year (April 2008: €166.6 billion) and €6.5 billion on the floor (April 2008: €8.8 billion).

German equities accounted for €87.5 billion, while €9.3 billion were turned over in foreign equities. Roughly 97 percent of the transaction volume with German equities was executed on Xetra and the floor at Börse Frankfurt. 91 percent of foreign equities were traded on Xetra and on the floor.

In the entire month 15.1 million transactions were executed on Xetra, a decrease of 6 percent year-on-year (April 2008: 16.2 million).

According to the Xetra liquidity measure (XLM), RWE AG was the most liquid DAX blue chip in April with 10 basis points (bp) for an order volume of €100,000. Hochtief AG was the most liquid MDAX stock with 61 bp. The most liquid ETF was the db-x-trackers II EONIA T.R. 1C with 0.3 bp. The most liquid foreign stock was Royal Dutch Shell with 22 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 strongest DAX stock on Xetra in April at €7.6 billion. Hochtief AG was the top MDAX stock at €453 million, while Aareal Bank AG led the SDAX stocks at €35 million and Infineon AG headed the TecDAX at €685 million. At €1.4 billion, the iShares DAX was the exchange-traded fund with the largest turnover.

On all stock exchanges in Germany €115.7 billion were traded in April according to orderbook turnover statistics – a decrease of 40 percent compared year-on-year (April 2008: €192.2 billion). This total includes €103.9 billion in equities, warrants and exchange-traded funds, as well as €11.8 billion in fixed-income securities.


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