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.
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 Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, 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 Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv 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.
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.
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 Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, 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 Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv 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.