Deutsche Börse’s August Turnover Falls to 2016 Lows
- Turnover resumed a MoM decline, falling to the lowest levels thus far seen in 2016.
German institutional trading network Deutsche Börse Group has released its monthly order book turnover across all asset classes for August 2016, having continued a MoM downtrend en route to its lowest volumes year to date, according to a Deutsche Börse statement.
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Despite an episodic spike in its trading volumes during June 2016 due to Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis -induced Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders , a downtrend has continued seemingly unabated since March 2016 across Deutsche Börse’s turnover. The latest figures came in at just $104.4 billion (€93.3 billion) across all its cash markets, corresponding to a fall of -7.4% MoM from $112.8 billion (€100.8 billion) in July 2016.
Comparing the latest figures to its 2015 counterpart, August 2016’s turnover volumes at Deutsche Börse were also much lower YoY, as indicated by a decline of -34.4% YoY from August 2015 after reporting $159.2 billion (€142.3 billion).
Monthly Turnover Analysis
Of the $104.4 billion during August 2016, approximately $94.8 billion (€84.7 billion) was attributable to Xetra, retreating -7.7% MoM from $102.7 billion (€91.8 billion) in July 2016. When measured over a yearly timetable however, Xetra’s August 2016’s turnover also incurred a tumble of -35.2% YoY from $146.6 billion (€130.9 billion) in August 2015.
In addition, the average daily turnover on Xetra also came in at just $4.1 billion (€3.7 billion) in August 2016, vs. $4.9 billion (€4.4 billion) in July 2016, or -15.9% MoM, as well as incurring a -40.3% plunge YoY from $6.9 billion (€6.2 billion) in August 2015.
Finally, a turnover of $3.7 billion (€3.3 billion) was attributed to Börse Frankfurt in August 2016, or -2.9% lower MoM from $3.8 billion (€3.4 billion) in July 2016. Order book turnover on the Tradegate Exchange totaled an estimated $6.0 billion (€5.4 billion) in August 2016, declining -1.8% MoM against $6.2 billion (€5.5 billion) in July 2016.
German institutional trading network Deutsche Börse Group has released its monthly order book turnover across all asset classes for August 2016, having continued a MoM downtrend en route to its lowest volumes year to date, according to a Deutsche Börse statement.
Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!
Despite an episodic spike in its trading volumes during June 2016 due to Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis -induced Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders , a downtrend has continued seemingly unabated since March 2016 across Deutsche Börse’s turnover. The latest figures came in at just $104.4 billion (€93.3 billion) across all its cash markets, corresponding to a fall of -7.4% MoM from $112.8 billion (€100.8 billion) in July 2016.
Comparing the latest figures to its 2015 counterpart, August 2016’s turnover volumes at Deutsche Börse were also much lower YoY, as indicated by a decline of -34.4% YoY from August 2015 after reporting $159.2 billion (€142.3 billion).
Monthly Turnover Analysis
Of the $104.4 billion during August 2016, approximately $94.8 billion (€84.7 billion) was attributable to Xetra, retreating -7.7% MoM from $102.7 billion (€91.8 billion) in July 2016. When measured over a yearly timetable however, Xetra’s August 2016’s turnover also incurred a tumble of -35.2% YoY from $146.6 billion (€130.9 billion) in August 2015.
In addition, the average daily turnover on Xetra also came in at just $4.1 billion (€3.7 billion) in August 2016, vs. $4.9 billion (€4.4 billion) in July 2016, or -15.9% MoM, as well as incurring a -40.3% plunge YoY from $6.9 billion (€6.2 billion) in August 2015.
Finally, a turnover of $3.7 billion (€3.3 billion) was attributed to Börse Frankfurt in August 2016, or -2.9% lower MoM from $3.8 billion (€3.4 billion) in July 2016. Order book turnover on the Tradegate Exchange totaled an estimated $6.0 billion (€5.4 billion) in August 2016, declining -1.8% MoM against $6.2 billion (€5.5 billion) in July 2016.