A total volume of nearly 3.8 trillion euros was traded on the German stock exchanges in 2005, a 15% rise from the same period last year, reports Deutchse Brse.
This total comprises about 3.2 trillion euros in equities, warrants and exchange-traded funds and about 615 billion euros in fixed-income securities. September was the highest-turnover month in 2005, with 366.4 billion euros in volume traded.
These figures are based on the preliminary year-end figures for 2005, which include an estimate for the last six trading days of the year.
According to the order-book statistics, which are based on single-counting of all transactions in the Xetra order-book and broker-supported trading on the floor, the total equities turnover posted on the German stock exchanges in 2005, with 1.3 trillion euros in volume, increased by 28% year-on-year, a figure that was at 989 billion euros in 2004. About 1.2 trillion euros of this total was traded in German equities, and some 76 billion euros in foreign equities.
In 2005, the Frankfurt Stock Exchange was again the leading retail stock exchange in Germany, where 98% of trading in German equities takes place on Xetra and the floor of the FWB Frankfurter Wertpapierbrse (Frankfurt Stock Exchange). The Frankfurt floor is the most liquid market place and market leader with a share of 65% in retail trading on the floor in Germany.