In February 190.7 billion were turned over on Xetra, thus exceeding the
previous year’s level.
The number of trades executed on Xetra was up by 34% reaching 17.3 million transactions. On Xetra and the Frankfurt floor 188 billion were turned over in German equities and 8.4 billion in foreign shares.
Approximately 98% of the transaction volume with German equities was executed at Brse Frankfurt. More than 84% of foreign equities were traded on Xetra and on the floor.
According to the Xetra liquidity measure (XLM), Siemens AG was the mostliquid DAX blue chip in February with 6 basis points (bp) for an order volume of 100,000. AWD Holding AG was the most liquid MDAX stock with 11 bp.
The most liquid ETF was the db-x-trackers II EONIA TR Index ETF with 1 bp. The most liquid foreign stock was Total S.A. with 14 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points; a low XLM denoteshigh liquidity in a security.
Deutsche Bank AG was the strongest DAX stock on Xetra in February at 12.6billion. Salzgitter AG was the top MDAX stock at 1.9 billion while DemagCranes AG led the SDAX stock at 146 million and Q-Cells AG headed theTecDAX at 1.6 billion. At 2.6 billion, the iShares DAX EX was once again the exchange-traded fund with the largest turnover.
On all stock exchanges in Germany 217 billion were traded in Februaryaccording to orderbook turnover statistics a decline by three percentcompared year-on-year. This total included 207.9 billion in equities, warrants and exchange-traded funds, as well as 9.6 billion in fixed-income securities.