Only ETF Volumes Up As Trading Volumes At Deutsche Borse Fall 22%

A total of Euros 3.5 trillion will be traded on the German stock exchanges in 2002. This is 22 per cent down on the Euros 4.5 trillion traded in 2001. Or so say preliminary figures for the year 2002, which

By None

A total of Euros 3.5 trillion will be traded on the German stock exchanges in 2002. This is 22 per cent down on the Euros 4.5 trillion traded in 2001. Or so say preliminary figures for the year 2002, which include an estimate for the last five trading days.

The total consists of Euros 2.6 trillion in equities, warrants and exchange-traded funds (2001: Euros 3.3 trillion) and Euros 850 billion in fixed-income securities (2001: Euros 1.2 trillion ). January saw the highest turnover, with Euros 366 billion traded.

Also based on preliminary figures, the orderbook statistics, which are based on single counting of all transactions in the Xetra orderbook and broker-supported trading on the floor, show that the total turnover in equities on the German stock exchanges in 2002 is about even with the previous year, or about Euros 1 trillion (2001: Euros 1.1 trillion ). Some Euros 900 billion of this volume will be traded in German equities (2001: Euros 1 trillion, and about Euros 64 billion in foreign equities (2001: Euros 84 billion).

In 2002, the funds listed in the XTF segment recorded a substantial increase in volume, despite the weakness evident elsewhere. 2002 annual volume will come to about Euros 33 billion euros, or 41 per cent up on the Euros 23.5 billion achieved in 2001. The average daily volume traded will come to Euros 131 million in 2002, compared with Euros 93 million euros in 2001. In 2002, 46 ETFs and eleven actively managed funds were newly admitted in XTF. The segment, which was launched in April 2000 for trading in ETFs and actively managed funds, thus had its most successful year to date.

The Xetra share of equities trading rose further in the year just ended. In the DAX blue chips, 94 percent of the volume traded in 2001 was posted on Xetra, this year the Xetra share will be about 96 percent. In the MDAX equities, Xetra also further expanded its market share from about 74 percent to some 84 percent; a record was set on Xetra in the MDAX equities in October 2002, with a 90 percent share of the volume traded in this segment.

Final statistics for 2002 will be published on 2 January 2003.

«