Deutsche Börse Sees Upward Thrust in Volumes During September

The exchange's volumes were largely higher despite Tradegate and Börse Frankfurt showing continued weakness MoM.

German institutional trading network Deutsche Börse Group has reported its monthly tranche of order book turnover statistics across all asset classes for September 2016, which snapped a recent MoM downtrend, pivoting off its lowest volumes of 2016, according to a Deutsche Börse statement.

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The last few months of volumes reports were characterized by an almost unimpeded downtrend with the exception of an episodic spike in its trading volumes during June 2016 due to Brexit-induced volatility. The latest statistics justified a figure of $121.7 billion (€109.1 billion) across all its cash markets, corresponding to a jump of 16.9% MoM from $104.1 billion (€93.3 billion) in August 2016.

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Comparing the latest figures to its 2015 counterpart however, September 2016’s turnover volumes at Deutsche Börse were also much lower YoY, as indicated by a decline of -23.3% YoY from September 2015 after reporting $158.8 billion (€142.3 billion).

Monthly Turnover Analysis

Of the $104.4 billion during September 2016, approximately $112.5 billion (€100.8 billion) was attributable to Xetra, climbing 19.0% MoM from $94.5 billion (€84.7 billion) in August 2016. When measured over a yearly timetable however, Xetra’s September 2016’s turnover also incurred a decline of -24.7% YoY from $149.4 billion (€133.9 billion) in September 2015.

Moreover, the average daily turnover on Xetra also came in at just $5.1 billion (€4.6 billion) in September 2016, vs. $4.1 billion (€3.7 billion) in August 2016, or 12.2% higher MoM, as well as justifying a -24.6% dive YoY from $6.8 billion (€6.1 billion) in September 2015.

Finally, a turnover of $3.7 billion (€3.3 billion) was attributed to Börse Frankfurt in September 2016, unchanged MoM from $3.7 billion (€3.3 billion) in August 2016. Order book turnover on the Tradegate Exchange totaled an estimated $5.6 billion (€5.0 billion) in September 2016, declining -7.5% MoM against $6.0 billion (€5.4 billion) in August 2016.

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