Deutsche Börse Announces Strong Turnover Statistics for September

by Colin Firth
  • The exchange posts a slight improvement in turnover month-on-month and a strong rise year-on-year.
Deutsche Börse Announces Strong Turnover Statistics for September
Finance Magnates Studio

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has announced its monthly order book turnover for the month of September 2017. The stats show a good improvement in volumes year-on-year.

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In the month of September, the company reported a total order book turnover of $138.9 billion (€117.7 billion) in its cash markets which was a slight improvement of 1.2 percent from August 2017, and a rise of 7.8 percent on a year-on-year basis.

Of the total turnover for August, $126.6 billion (€107.3 billion) was attributable to Xetra, which was again an improvement of 6.4 percent year on year and a 1.3 percent increase when compared to August 2017. This again showed that the turnover has seen a sharp upturn this year.

As far as the different asset classes are concerned, the cash market turnover in Equities came in at $123.9 billion (€105.0 billion) which was a 1.3 percent improvement month-on-month.

The DAX security that had the highest turnover on Xetra was Siemens AG which had a turnover of $6.1 billion (€5.2 billion). This was mainly due to the fact that Siemens AG announced the merger of its operations with the French rail giant Alstom, which increased the demand for its shares.

Over the last month, Deutsche Börse has also been busy with regulatory activities as the MiFID II regulations are very close to being implemented. This activity included its investment in RegTek Solutions and its partnership with SmartStream.

This is likely to help the Exchange not only carry out its regulatory activities in an efficient manner but also provide similar services for other financial entities as well.

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has announced its monthly order book turnover for the month of September 2017. The stats show a good improvement in volumes year-on-year.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

In the month of September, the company reported a total order book turnover of $138.9 billion (€117.7 billion) in its cash markets which was a slight improvement of 1.2 percent from August 2017, and a rise of 7.8 percent on a year-on-year basis.

Of the total turnover for August, $126.6 billion (€107.3 billion) was attributable to Xetra, which was again an improvement of 6.4 percent year on year and a 1.3 percent increase when compared to August 2017. This again showed that the turnover has seen a sharp upturn this year.

As far as the different asset classes are concerned, the cash market turnover in Equities came in at $123.9 billion (€105.0 billion) which was a 1.3 percent improvement month-on-month.

The DAX security that had the highest turnover on Xetra was Siemens AG which had a turnover of $6.1 billion (€5.2 billion). This was mainly due to the fact that Siemens AG announced the merger of its operations with the French rail giant Alstom, which increased the demand for its shares.

Over the last month, Deutsche Börse has also been busy with regulatory activities as the MiFID II regulations are very close to being implemented. This activity included its investment in RegTek Solutions and its partnership with SmartStream.

This is likely to help the Exchange not only carry out its regulatory activities in an efficient manner but also provide similar services for other financial entities as well.

About the Author: Colin Firth
Colin Firth
  • 213 Articles
About the Author: Colin Firth
  • 213 Articles

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