In April the number of trades executed on Xetra was up by 34.7%reaching more than 16 million transactions compared to April 2007 with 12 million trades.
Orderbook turnover on Xetra slightly decreased by 1.5% year-on-year to 166.5 billion. On Xetra and the Frankfurt floor 163 billion were turned over in German equities and 8.1 billion in foreign shares.
Roughly 97.6% of the transaction volume with German equities was executed at Boerse Frankfurt. More than 84.5% of foreign equities were traded on Xetra and on the floor.
According to the Xetra liquidity measure (XLM), E.ON AG was the most liquid DAX blue chip in April with 5 basis points (bp) for an order volume of 100,000. K+S AG was the most liquid MDAX stock with 20 bp.
The most liquid ETF was the Lyxor ETF Euro Cash with 1 bp. The most liquid foreign stock was Royal Dutch Shell with 12 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points; a low XLM denotes high liquidity in a security.
Siemens AG was the strongest DAX stock on Xetra in April at 14.4 billion.K+S AG was the top MDAX stock at 2.9 billion while D+S Europa AG led theSDAX stock at 140 million and Q-Cells AG headed the TecDAX at 1.3 billion. At 2.2 billion, the iShares DAX EX was once again the exchange-traded fund with he largest turnover.
On all stock exchanges in Germany 192 billion were traded in Aprilaccording to orderbook turnover statistics a decline by 2.9% comparedyear-on-year. This total included 182 billion in equities, warrants and exchange-traded funds, as well as 10.1 billion in fixed-income securities. The number of trades decreased by 2.8% to 24.4million.