Deutsche Börse Group has announced that €266.1 billion worth of trades were executed on Xetra in August, a 113 percent increase since this time last year.
According to the Xetra liquidity measure (XLM), which measures liquidity in electronic securities trading on the basis of the implicit transaction costs, Allianz was the most liquid blue chip in the Xetra DAX equity index in July with 5 basis points (bp) for an order volume of €100,000. Beiersdorf was the most liquid MDAX stock with 21 bp. The most liquid foreign stock was ABN Amro with 12 bp.
Deutsche Bank was the strongest DAX stock on Xetra in August, with €20.8 billion traded. Depfa Bank was the top MDAX stock at €2.1 billion while Air Berlin led the SDAX equity index at €367.5 million and Solarworld AG headed the TecDAX at €1 billion.
€14.6 billion worth of trades were executed on the floor of the Börse Frankfurt, also owned by Deutsche Börse.
Turnover at Deutsche Börse's international derivatives exchange Eurex also increased last month. Approximately 175.1 million contracts were traded in August, a rise of 64 percent since the previous August, according to Deutsche Börse. Drivers of growth were the equity index and fixed income derivatives segment.
According to the Börse, the equity index derivatives segment grew by 126 percent since August 2006 to 79.3 million contracts, its third-best monthly figure ever. The most-traded Eurex product was the Dow Jones Euro STOXX 50 index future with 36.7 million contracts. Another 25.9 million contracts were traded in the Dow Jones Euro STOXX 50 index option product. DAX options and futures recorded a combined volume of 14 million contracts.