Deutsche Börse’s January Turnover Starts Off Year on Solid Ground

Deutsche Börse saw its January order book turnover swell MoM vs its December counterpart - however a YoY comparison left

German trading venue, Deutsche Börse Group, has announced the release of its order book turnover across all asset classes for the month ending January 2016, which came in at $145.6 billion (€133.7), according to a Deutsche Börse statement.

Test your knowledge, win a prize! Take the Finance Magnates quiz 

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Last month, Deutsche Börse reported a monthly turnover of $132.6 billion (€121.8 billion) across all its cash markets in December 2015. However, the latest figures in the new year justify a growth of 9.8% MoM – January 2016 did incur a decline over its 2015 counterpart, constituting a drop of -10.0% YoY from $161.7 billion (€148.5 billion) in January 2015.

Suggested articles

What to Look for in a Forex Technology Provider?Go to article >>

Monthly Turnover Analysis

Of the monthly turnover of $145.6 billion at Deutsche Börse in January 2016, $134.4 billion (€123.4 billion) was attributable to Xetra, climbing 9.9% MoM from $122.3 billion (€112.3 billion) in December 2015 – this growth was completely pared with its yearly counterpart, with January 2016’s turnover yielding a fall of -9.3% YoY from $147.0 billion (€135.0 billion) in January 2015.

The average daily turnover on Xetra also came in at $6.8 billion (€6.2 billion) in January 2016, climbing 10.7% MoM from $6.1 billion (€5.6 billion) in December 2015, vs. $7.0 billion (€6.4 billion) in January 2015.

Moreover, a turnover of $4.5 billion (€4.1 billion) was attributed to Börse Frankfurt in January 2016, or 5.1% higher MoM from $4.3 billion (€3.9 billion) in December 2015. Finally, order book turnover on the Tradegate Exchange totaled an estimated $6.8 billion (€6.2 billion) in January 2016, plunging -19.5 YoY against $8.4 billion (€7.7 billion) in January 2015.

Got a news tip? Let Us Know