Deutsche Börse Incurs Broad-based Turnover Decline in May

Deutsche Börse Group, a German institutional trading network, has reported its monthly order book turnover across all asset classes for May 2016, which has now extended its monthly decline for the third month in a row, according to a Deutsche Börse statement.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

May 2016’s turnover figures at Deutsche Börse could not snap a recent downtrend at the venue, after coming in at just $115.9 billion (€103.8 billion) across all its cash markets, corresponding to a fall of -5.8% MoM from $123.1 billion (€110.2 billion) in April 2016. The latest figures justify a definitive trend in which every month has seen diminishing figures in this space, a distinction shared amongst nearly all other institutional exchanges in 2016 thus far.

Delving into the figures further, May 2016’s latest turnover figures were also much lower when weighed against their 2015 counterpart, as volumes notched a decline of -17.4% YoY from May 2015 after seeing a staunchly higher figure of $140.3 billion (€125.6 billion).

Monthly Turnover Breakdown

Deutsche Börse’s monthly turnover of $115.9 billion during May 2016 was disaggregated into its exchanges, each of which seeing a slightly uneven performance during the month. Of the $115.9 billion in all, $107.3 billion (€96.1 billion) was attributable to Xetra, retreating -4.5% MoM from $112.3 billion (€100.6 billion) in April 2016. Taken over a yearly timetable however, Xetra’s May 2016’s turnover incurred a fall of -17.9% YoY from $130.8 billion (€117.1 billion) in May 2015.

In addition, the average daily turnover on Xetra also came in at just $5.1 billion (€4.6 billion) in May 2016, vs. $5.4 billion (€4.8 billion) in April 2016, or -4.2% MoM, as well as suffering a -25.8% plunge YoY from $6.9 billion (€6.2 billion) in May 2015.

By extension, a turnover of $3.2 billion (€2.9 billion) was attributed to Börse Frankfurt in May 2016, approximately -21.6% lower MoM from $4.1 billion (€3.7 billion) in April 2016. Finally, order book turnover on the 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 totaled an estimated $5.5 billion (€4.9 billion) in May 2016, rescinding -16.9% MoM against $6.6 billion (€5.9 billion) in April 2016.