Deutsche Börse announced on Monday that in February a total of €190.7 billion was turned over on Xetra. The number of trades executed on Xetra was up by 34 percent, reaching 17.3 million transactions. On Xetra and the Frankfurt floor €188 billion was turned over in German equities and €8.4 billion in foreign shares. Roughly 98 percent of the transaction volume with German equities was executed at Börse Frankfurt. More than 84 percent of foreign equities were traded on Xetra and the floor.
According to the Xetra liquidity measure (XLM), which measures liquidity in electronic securities trading on the basis of the implicit transaction costs, Siemens was reported to be the most liquid DAX blue chip stock in February with 6 basis points (bp) for an order volume of €100,000. AWD Holding was the most liquid MDAX stock with 11 bp. The most liquid ETF was the db-x-tracker II EONIA TR Index ETF with 1 bp, while the most liquid foreign stock was Total S.A. with 14 bp.
Deutsche Bank was the strongest DAX stock on Xetra in February at €12.6 billion. Salzgitter was the top MDAX stock at €1.9 billion while Demag Cranes led the SDAX stock at €146 million and Q-Cells headed the TecDAX at €1.6 billion. At €2.6 billion, the iShares DAX EX was once again the exchange-traded fund with the largest turnover, according to the firm.
On all stock exchanges in Germany, €217 billion were traded in February according to order-book turnover statistics – a decline by three percent since last year. This total included €207.9 billion in equities, warrants and exchange-traded funds, as well as €9.6 billion in fixed-income securities.