Deutsche Boerse has seen turnover on its main order book rose by over 50% year-on-year in August, a signal liquidity conditions are improving in Europe.
Turnover on Xetra, Boerse Frankfurt and its Tradegate Exchange for all asset classes stood at €142.3 billion last month, up from just €94.3 billion a year ago. The vast majority was executed via its Xetra platform.
Cash equities market turnover reach €121.3 billion while exchange-traded products accounted for €18.5 billion.
Transaction numbers also saw a significant increase, with 22 million trades executed on Xetra in August, up from 16.4 million in the same period of 2014.
Spanish trading witnessed a similar uptick in activity during the normally slow summer month, with cash equities trading reaching €62 billion, up more than 40% year-on-year. trade numbers reached 4.4 millioon, down 7.1% on August 2014.
Equity trading on the BME during the first eight months of 2015 is up 23.6% on the same period last year. Total trade numbers for the year so far hit 42.9 million, down 4.1% on a year earlier.
However, it was corporate debt that issues that were a major lift to the market, up 126.6% in August. ETFs were also popular, climbing 42% year-on-year over the first eight months,. while Warrants and Certificates climbed 49.7% in the same period.