Equities turnover at Deutsche Borse rose significantly in April. The 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 a total of 89.4 billion euros in equities volume was traded on the German stock exchanges – 24 percent higher than the year before. Of this total, 82 billion euros was traded in German equities, and 7.4 billion euros in foreign equities.
Based on the aggregate statistics, a total volume of 284.9 billion euros was traded on the German stock exchanges in April. The April total comprises 234.6 billion euros in equities, warrants and exchange-traded funds as well as 50.3 billion euros in fixed-income securities.
About 97 percent of the volume traded in German equities in April was posted at the Frankfurt Stock Exchange on Xetra and in trading on the floor (FWB Frankfurter Wertpapierbrse). In foreign equities, 85 percent of the volume was traded through Xetra and on the Frankfurt trading floor.
Deutsche Bank AG was the most liquid DAX blue chip in April based on the Xetra liquidity measure (XLM), with 6 bp for an order size of 100,000 euros. Puma was the most liquid MDAX stock, with 24 bp. The highest-liquidity equity-based exchange-traded fund was the DAXEX with 6 bp. XLM is a measure of the liquidity in electronic securities trading based on the implicit transaction costs and is calculated in basis points (1 bp = 0.01 percent) for every security in continuous trading, for a roundtrip in the Xetra order book.
Siemens was the highest-volume DAX blue chip in April with 6.8 billion euros in shares traded. Puma was the top MDAX stock with 921.1 million euros in volume. MPC was the leading SDAX stock with 24.4 million euros traded in its shares, and T-Online the top TecDAX stock with 324.8 million euros in share volume. The DAXEX was again the highest-turnover exchange-traded fund, with some 1.4 billion euros.