Deutsche Börse Witnesses a Jump on Its Cash Markets Turnover in August 2021

Deutsche Börse Group, a major German financial marketplace organizer, published its cash market trading volumes for August on Wednesday, noting a surge in such figures for the month. According to the report, the cash market had a turnover of EUR 137.6 billion in August, which is up compared to the number hit last year of EUR 116.9 billion.

As part of these volumes, EUR 106.7 billion can be attributed to Xetra, whose figure for 2020 was EUR 95.8 billion, Deutsche Börse noted. That said, its daily trading volume was EUR 4.9 billion, which is up from the previous year’s number of EUR 4.6 billion. “Trading volumes on Börse Frankfurt were €3.9 billion (previous year: €3.7 billion) and on Tradegate Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term €27 billion (previous year: €17.3 billion),” the marketplace organizer added in the report.

By checking the DAX stocks with the highest turnover on Xetra Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Xetra is an international securities trading venue, operated by the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse). An overwhelming majority of turnover on German exchanges goes through Xetra, making it one of the most important venues in the local market.Xetra operates as the reference market for exchange trading in German shares and exchange-traded funds (ETFs). The price fixing on Xetra is conducted via defined and transparent rules. Despite its importance to the German market, Xetra Read this Term, Allianz SE had a significant share of EUR 4.7 billion, leading the ranking, followed by HelloFresh SE, which topped the ranking as the MDAX with the highest turnover, accounting EUR 1.1 billion. According to the trading volumes report, the iShares Core DAX UCITS ETFs generated the largest volume in the exchange-traded funds front with EUR 700 million.

Deutsche Börse Group Q1 2021 Financials

In July, Finance Magnates reported that Deutsche Börse witnessed a 13% yearly jump in its net revenue for the second quarter of 2021. In absolute terms, this figure came in at EUR 881.7 million. The Group has many businesses in the financial industry, including a derivatives exchange, commodities marketplace, and post-trading, among others. In addition, 360T, Deutsche Börse’s foreign exchange platform, ended the quarter with impressive figures.

In Q1 of 2021, the net revenue of the FX segment jumped by 8% year-over-year to EUR 25.6 million. Out of the total revenue, EUR 17.5 million came from trading, EUR 2.2 million from GTX, and other sources. The operating cost from this arena stood at EUR 13.3 million.