Deutsche Börse’s April Turnover Pointed Lower, Tradegate Pares Recent Gains

The group saw its April turnover fall on a monthly basis, on par with the rest of the industry for

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has released its monthly order book turnover statistics covering all asset classes for the month ending April 2017. The latest results pared nearly all of the group’s recent gains, rescinding to some of its lowest levels of the year.

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As such, during April 2017, the group reported a figure of $115.8 billion (€106.2 billion) across all its cash markets, corresponding to a fall of -21.7 percent month-over-month from $148.0 billion (€135.7 billion) in March 2017. Deutsche Börse’s turnover also failed to overtake its 2016 counterpart, moving lower by a margin of -12.2 percent year-over-year from $120.2 billion (€110.2 billion) in April 2016.

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Monthly Turnover Analysis

Of the $115.8 billion during April 2017, approximately $105.7 billion (€96.9 billion) was attributable to Xetra, plunging -21.6 percent month-over-month from $134.8 billion (€123.6 billion) in March 2017, as well as -3.7 percent lower year-over-year relative to $109.7 billion (€100.6 billion) in April 2016.

Furthermore, the average daily turnover at Xetra also came in at just $5.9 billion (€5.4 billion) in April 2017, unchanged month-over-month from $5.9 billion (€5.4 billion) in March 2017. The latest readings did score an increase relative to 2016, rising by $5.2 billion (€4.8 billion).

Finally, a turnover of $3.7 billion (€3.4 billion) was attributed to Börse Frankfurt in April 2017, down -20.1 percent month-over-month from $4.7 billion (€4.3 billion) in March 2017 and -8.1 percent year-over-year from $4.0 billion (€3.7 billion) in April 2016. Order book turnover on the Tradegate Exchange also totaled an estimated $6.4 billion (€5.9 billion) in April 2017, falling 8.3 percent month-over-month against $8.5 billion (€7.8 billion) in March 2017.

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