In November, 113.6 billion euros were traded on Xetra and on the floor at Brse Frankfurt – an increase of 18 percent year-on-year (November 2009: 96.5 billion euros). Of the 113.6 billion euros, 106.0 billion euros were traded on Xetra, an increase of 17 percent year-on-year (November 2009: 90.5 billion euros). 7.6 billion euros were traded on the floor, an increase by 27 percent (November 2009: 6.0 billion euros).
Turnover in German equities on Deutsche Brse’s cash markets amounted to 90.6 billion euros, while foreign equities turnover stood at 3.8 billion euros. Xetra and the floor at Brse Frankfurt accounted for 97 percent of the transaction volume in German equities on all stock exchanges in Germany. 79 percent of foreign equities traded on stock exchanges in Germany were traded on Xetra and on the floor in Frankfurt.
In November, 17.8 million transactions were executed on Xetra, an increase of 36 percent against the same period last year (November 2009: 13.1 million).
According to the Xetra liquidity measure (XLM), Siemens AG was the most liquid DAX blue chip in November with 5.01 basis points (bp) for an order volume of 100,000 euros. Deutsche Postbank AG was the most liquid MDAX stock with 13.59 bp. The most liquid ETF was DB X-TR.II-EONIA T.R. 1C with 0.33 bp. The most liquid foreign stock was Nokia Corp. with 10.31 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points (1 bp = 0.01 percent); a low XLM denotes high liquidity in a security.
Deutsche Bank AG was the DAX stock with the highest turnover on Xetra in November at 7.2 billion euros. Lanxess AG was the top MDAX stock at 832.7 million euros, while Balda AG led the SDAX stocks at 105.3 million euros and Aixtron AG headed the TecDAX at 544.5 million euros. At 1.5 billion euros, the iShares DAX was the exchange-traded fund with the highest turnover.
On all stock exchanges in Germany 130.7 billion euros were traded in November according to order book turnover statistics – an increase of 21 percent compared year-on-year (November 2009: 108.0 billion euros).
D.C.