Equities turnover on the Deutsche Borse is up 70% up year-on-year, with EUR417 billion in turnover on German stock exchanges in March.
Order book statistics, which are based on single counting of all
transactions in the order book of Xetra and broker-supported trading on
the floor, show that the German stock exchanges generated an equities
turnover of EUR164.9 billion in March some 70% more year-on-year
(March 2005: EUR96.8 billion).
German equities accounted for EUR154.4 billion of this total, with foreign equities comprising EUR10.5 billion. In the first quarter of 2006, equities turnover rose to EUR442.2 billion 57% up year-on-year(EUR282 billion).
Based on the total turnover statistics, a total volume of EUR470.5
billion was traded on all German stock exchanges in March 2006 a rise
of 54% year-on-year (March 2005: EUR306 billion). This total included
EUR430.4 billion in equities, warrants and exchange traded funds, as well as EUR40.1 billion in fixed-income securities.
Xetra showed a new record in trades. In March, 9.6 million transactions
were executed on Xetra 45% more year-on-year (March 2005: 6.6
million). In comparison to the first quarter of 2005, the number of
trades on Xetra rose by 37%.
According to the Xetra liquidity measure (XLM), Allianz was the most
liquid DAX blue chip in March with 4 bp for an order volume of
EUR100,000. AMB Generali was the most liquid MDAX stock with 15 bp. The
most liquid equity-based ETF was the DAXEX with 3 bp.
The most liquid foreign stock was Total with 10 bp. XLM is a measure of liquidity in electronic securities trading based on the implicit transaction costs and is calculated for securities in continuous trading in basis points (1 bp = 0.01%) for a roundtrip in the Xetra order book.
Allianz was the strongest DAX stock on Xetra in March at EUR10.5
billion. Merck was the top MDAX stock at EUR1.2 billion, while Deutz led
the SDAX stock at EUR87.5 million and Solarworld headed the TecDAX at
EUR667.9 million. At EUR3 billion, the DAXEX was once again the exchange
traded fund with the largest turnover.