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.
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.
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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.