In October, 99.9 billion euros were traded on Xetra and on the floor at Brse Frankfurt – a decrease of 14 percent year-on-year (October 2009: 115.6 billion euros). Of the 99.9 billion euros, 93.5 billion euros were traded on Xetra, a decrease of 14 percent year-on-year (October 2009: 108 billion euros). 6.4 billion euros were traded on the floor, a decrease by 15 percent (October 2009: 7.5 billion euros).
Turnover in German equities on Deutsche Brse’s cash markets amounted to 80.7 billion euros, while foreign equities turnover stood at 3.2 billion euros. Xetra and the floor at Brse Frankfurt accounted for 98 percent of the transaction volume in German equities on all stock exchanges in Germany. 81 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In October, 15.6 million transactions were executed on Xetra, a decrease of 5 percent against the same period last year (October 2009: 14.9 million).
According to the Xetra liquidity measure (XLM), Deutsche Telekom AG was the most liquid DAX blue chip in October with 9.74 basis points (bp) for an order volume of 100,000 euros. Deutsche Postbank AG was the most liquid MDAX stock with 4.22 bp. The most liquid ETF was DB X-TR.II-EONIA T.R. 1C with 0.32 bp.
The most liquid foreign stock was Royal Dutch Shell with 13.04 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 October at 8 billion euros. Lanxess AG was the top MDAX stock at 518.3 million euros, while Balda AG led the SDAX stocks at 205.9 million euros and Aixtron AG headed the TecDAX at 716.9 million euros. At 1.3 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.
On all stock exchanges in Germany 114.2 billion euros were traded in October according to order book turnover statistics – a decrease of 12 percent compared year-on-year (October 2009: 130.1 billion euros).
D.C.