Deutsche Börse Group’s September Order Book Turnover Unchanged MoM

German trading venue, Deutsche Börse Group, has reported its order book turnover across all asset classes during the month ending September 2015, which came in at $158.7 billion (€142.3 billion), according to a Deutsche Börse statement.

Last month, Deutsche Börse reported a monthly turnover of $158.7 billion (€142.3 billion) across all its cash markets in August 2015 unchanged MoM from July 2015, which marks the second consecutive month without any downtrend in its volumes.

In terms of the September figures however, the order book turnover at Deutsche Börse came in at $158.7 billion – the change was more pronounced over a yearly timetable, constituting a notable thrust of 40.6% YoY from $112.9 billion (€100.9 billion) in September 2014.

Monthly Turnover Analysis

Of the monthly turnover of $160.0 billion at Deutsche Börse in September 2015, $149.4 billion (€133.9 billion) was attributable to Xetra Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Read this Term, rising 2.3% MoM from $146.0 billion in August 2015 – this growth was augmented when under the lens of a yearly figure, whereupon September 2015’s turnover catapulted higher by 43.4% YoY from $102.7 billion (€93.4 billion) in September 2014.

The average daily turnover on Xetra also came in at $6.8 billion (€6.1 billion) in September 2015, falling -1.6% MoM from $6.9 billion (€6.2 billion) in August 2015, vs. $4.7 billion (€4.2 billion) in September 2014.

Furthermore, a turnover of $3.7 billion (€3.3 billion) was attributed to Börse Frankfurt in September 2015, underpinning a fall of -29.8% MoM from $5.2 billion (€4.7 billion) in August 2015. Finally, order book turnover on the Tradegate Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term totaled an estimated $5.7 billion (€5.1 billion) in September 2015, falling from $7.5 billion (€6.7 billion) in August 2015.

Earlier this week, Deutsche Börse partnered with European Trade Repository, REGIS-TR, to help clients meet a cascade of regulatory requirements ahead of the implementation of the Markets in Financial Instruments Directive (MiFID II).