Deutsche Börse’s October Volumes Pare Recent Gains, Fall Across the Board

The latest volumes snap a recent rebound last month, falling nearly double digits in October.

German institutional trading network Deutsche Börse Group has reported its monthly batch of order book turnover statistics across all asset classes for October 2016, which pared its recent gains, resuming a MoM downtrend, according to a Deutsche Börse statement.

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The latest figures snap a recent rebound last month, which saw double digit gains across Deutsche Börse’s volumes. October 2016 was less upbeat however with the group’s latest statistics signaling a figure of $109.0 billion (€98.7 billion) across all its cash markets in October 2016, corresponding to a fall of -9.5% MoM from $120.5 billion (€109.1 billion) in September 2016.

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By comparing the latest figures to their 2015 counterpart however, October 2016’s turnover volumes at Deutsche Börse were also sizably lower YoY, as indicated by a decline of -22.1% YoY from October 2015 after reporting $139.9 billion (€126.7 billion).

Monthly Turnover Analysis

Of the $109.0 billion during October 2016, approximately $99.8 billion (€90.4 billion) was attributable to Xetra, declining -10.3% MoM from $111.3 billion (€100.8 billion) in September 2016. Additionally, the average daily turnover on Xetra also came in at just $5.0 billion (€4.5 billion) in October 2016, vs. $5.1 billion (€4.6 billion) in September 2016, or -2.2% lower MoM.

Finally, a turnover of $3.4 billion (€3.1 billion) was attributed to Börse Frankfurt in October 2016, falling -6.1% MoM from $3.6 billion (€3.3 billion) in September 2016. Order book turnover on the Tradegate Exchange totaled an estimated $5.7 billion (€5.2 billion) in October 2016, rising 4.0% MoM against $5.5 billion (€5.0 billion) in September 2016.

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