Deutsche Boerse sees boost to trading activity in April

German exchange group sees growing average daily volume, with trading in Deutsche Bank dominating April.

Deutsche Boerse’s cash markets saw increased average daily trading in April this year and rising transaction volumes.

While total trading across all asset classes for its Xetra, Borse Frankfurt and Trade Exchanges fell slightly, from €110.2 billion last year to €106.2 billion in 2017, this was largely attributed to Easter holidays during the month.

Average daily turnover was up significantly, with Xetra trading rising to €5.4 billion in April 2017, a rise from the €4.8 billion reported a year ago.

Equities accounted for the bulk of the turnover at €91.9 billion, while exchange-traded products totalled €12.3 billion. The Eurex bonds platform also saw a healthy increase, from €6.3 billion in 2016 to €7.1 billion this year.

The increased turnover came from a total of 20.2 million trades executed in the month, up from 19.8 million in April last year.

Deutsche Bank AG was the security with the largest turnover of €5.4 billion, which could be due to continued concerns about the bank’s financial position and additional fines levied on the bank by US regulators.