Deutsche Börse Posts 15% Dip in April’s Cash Market Trading Volume

Monday, 03/05/2021 | 13:23 GMT by Arnab Shome
  • The group witnessed a slump in almost all the market segments.
Deutsche Börse Posts 15% Dip in April’s Cash Market Trading Volume
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Deutsche Börse, which operates multiple stock exchanges in Germany, published the trading metrics across its cash markets that generated a total turnover of €147.1 billion in April, which is a 14.8 percent decline year-over-year. The cash markets saw a trading volume of €172.8 billion in April 2020.

Monday’s press release detailed that the Xetra Exchange , which generated most of the trading volumes, saw a dip of 16.5 percent to €118.4 billion last month from the previous year’s €141.9 billion. The average daily volume in the exchange for the month remained €5.9 billion, which is down from €7.1 billion.

The other two German trading venues, Börse Frankfurt and Tradegate Exchange, witnessed a similar drop in volume. The first one reported April’s trading volumes to be €4.1 billion, which is down from €5.3 billion in the previous year, while the other generated €24.6 billion, which is €1 billion less than April 2020.

Equities Dominated the Market

Unlike Börse Frankfurt and Tradegate Exchange, Xetra only offers trading services with equities and exchange-traded funds or notes. Equities trading recorded the highest trading volumes in the overall cash market with €125.7 billion, out of which Xetera generated €101.8 billion. The exchange operator detailed that the shares of software company SAP changed hands the most on Xetera, single-handedly generating a volume of €5.7 billion.

Trading volume with ETFs/ETCs/ETNs instruments came in at €19.3 billion, while bonds, certificates, and funds generated €0.5 billion, €1.3 billion, and €0.2 billion, respectively.

In its quarterly financial report published earlier, the Deutsche Börse revealed that it generated a revenue of €814 million in the last quarter of 2020, gaining 8 percent when compared to the same quarter of the previous year.

Deutsche Börse, which operates multiple stock exchanges in Germany, published the trading metrics across its cash markets that generated a total turnover of €147.1 billion in April, which is a 14.8 percent decline year-over-year. The cash markets saw a trading volume of €172.8 billion in April 2020.

Monday’s press release detailed that the Xetra Exchange , which generated most of the trading volumes, saw a dip of 16.5 percent to €118.4 billion last month from the previous year’s €141.9 billion. The average daily volume in the exchange for the month remained €5.9 billion, which is down from €7.1 billion.

The other two German trading venues, Börse Frankfurt and Tradegate Exchange, witnessed a similar drop in volume. The first one reported April’s trading volumes to be €4.1 billion, which is down from €5.3 billion in the previous year, while the other generated €24.6 billion, which is €1 billion less than April 2020.

Equities Dominated the Market

Unlike Börse Frankfurt and Tradegate Exchange, Xetra only offers trading services with equities and exchange-traded funds or notes. Equities trading recorded the highest trading volumes in the overall cash market with €125.7 billion, out of which Xetera generated €101.8 billion. The exchange operator detailed that the shares of software company SAP changed hands the most on Xetera, single-handedly generating a volume of €5.7 billion.

Trading volume with ETFs/ETCs/ETNs instruments came in at €19.3 billion, while bonds, certificates, and funds generated €0.5 billion, €1.3 billion, and €0.2 billion, respectively.

In its quarterly financial report published earlier, the Deutsche Börse revealed that it generated a revenue of €814 million in the last quarter of 2020, gaining 8 percent when compared to the same quarter of the previous year.

About the Author: Arnab Shome
Arnab Shome
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Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.

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