Deutsche Börse today (Tuesday) released its 2023 cash market statistics, showing a total trading volume of €1.2 trillion across its Xetra and Frankfurt Stock Exchange venues. This represents a decline of 21% compared to the €1.6 trillion recorded in 2022.

Deutsche Börse Cash Market Trading Volume Reaches €1.2 Trillion in 2023

Deutsche Börse operates the Xetra electronic trading platform along with the Frankfurt Stock Exchange, which together account for over 90% of German cash equities trading. The company offers trading in shares, ETFs, bonds, funds and other instruments for over 1.6 million domestic and international securities.

On a monthly basis, the total December volumes amounted to €97.4 billion, compared to €104.5 billion reported the previous month. However, when looking at the volumes for the same period last year, there was an increase from the €92.01 billion reported in December 2022.

“Of this amount, €94.1 billion was attributable to Xetra and €3.3 billion to Börse Frankfurt. The average daily turnover on Xetra in December was €5 billion (previous year: €4.3 billion / previous month: €4.6 billion),” Deutsche Börse commented.

The most actively traded stock on Xetra in 2023 was SAP SE, with a turnover of €53.9 billion. Allianz SE and Siemens AG followed with €50.2 billion and €49.7 billion, respectively. In the MDAX index, Lufthansa AG led trading activity at €10.3 billion. Morphosys AG topped the SDAX with €1.5 billion, while Formycon AG was the highest volume stock on the Scale segment at €200 million.

In the ETF segment, the iShares Core MSCI World Fund was Xetra 's largest with €6.1 billion. The average daily turnover on Xetra in December was €5 billion, up from €4.3 billion in December 2022.

Deutsche Börse Net Profit Increases 24% in 2022

Last year, the German stock exchange operator reported a significant increase of 24% in annual revenues and profits. The net revenue rose to €4,338 million, up from €3,509 million in 2021. EBITDA surged to €2,525 million from €2,043 million, while the final net income climbed to €1,563 million, a considerable increase from the previous year's €1,264 million. This marked a uniform annual growth rate of 24%.

In the latest update for 2023, Deutsche Börse Group experienced a robust third quarter, with revenues climbing 9% to €1,188.3 million, a rise from the €1,090.2 million reported in the same period last year. This quarter was noteworthy for the successful completion of the SimCorp acquisition, a move set to introduce a new investment management-related business product by the German exchange operator.

The acquisition of SimCorp, valued at €3.9 billion, was initially announced in the first quarter of 2023. Subsequent reports in May confirmed that negotiations were progressing as expected, with the transaction slated for completion in the third quarter. This plan was successfully executed according to the outlined schedule.