Deutsche Börse’s Turnover Surges Higher in March

March's turnover rose across the board, easily surpassing last month's equivalent results.

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has reported its monthly order book turnover statistics detailing all asset classes for March 2017. The latest results showed a healthy growth across key segments on a month-over-month and year-over-year basis.

In particular, during March 2017, the group reported $144.7 billion (€135.7 billion) across all its cash markets, corresponding to a jump of 24.5 percent month-over-month from $116.2 billion (€109.0 billion) in February 2017. Deutsche Börse’s turnover bested its 2016 counterpart by a factor of 12.2 percent year-over-year from (€120.9 billion) in March 2016.

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

Suggested articles

What to Look for in a Liquidity ProviderGo to article >>

Monthly Turnover Analysis

Of the $135.7 billion during March 2017, approximately $131.6 billion (€123.6 billion) was attributable to Xetra, surging 26.4 percent month-over-month from $104.3 billion (€97.8 billion) in February 2017, as well as 10.7 percent higher year-over-year relative to $119.1 billion (€111.7 billion) in March 2016.

Additionally, the average daily turnover at Xetra also came in at just $5.8 billion (€5.4 billion) in March 2017, vs. $5.2 billion (€4.9 billion) in February 2017, or 10.2 percent higher on a month-over-month basis.

Finally, a turnover of $4.6 billion (€4.3 billion) was attributed to Börse Frankfurt in March 2017, up by 7.5 percent month-over-month from $4.3 billion (€4.0 billion) in February 2017 and year-over-year from $3.7 billion (€3.5 billion) in March 2016. Order book turnover on the Tradegate Exchange also totaled an estimated $8.3 billion (€7.8 billion) in March 2017, rising 8.3 percent month-over-month against $7.7 billion (€7.2 billion) in February 2017.

Got a news tip? Let Us Know