Deutsche Börse Reports Strong Volumes for March 2018‎

Frankfurt-based Deutsche Börse AG, Germany’s paramount 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, today disclosed its monthly order book statistics detailing all asset classes for March 2018. The latest results showed a healthy growth across key segments on a month-over-month and year-over-year basis.

In particular, during March 2018, the group reported $202.5 billion (€165.1 billion) across all its cash markets, corresponding to a jump of 23 percent year-over-year from $144.7 billion (€135.7 billion) in March 2017. Across a quarterly timetable, the German main bourse closed the first quarter on a positive note with trading volume coming in at $589 billion (€480.1 billion) – an increase of around 33 percent compared with $443.5 billion (€361.5 billion) in the first three months in 2017.

Of the ‎$202.55 billion (€165.1 billion) during last month, approximately $187 billion (€152.2 billion) was attributable to Xetra, surging 22.7 percent year-over-year relative to $131.6 billion (€123.6 billion) in March 2017.

Additionally, the average daily turnover at Xetra also came in at $8.8 billion (€7.2 billion) in March 2018, vs. $5.8 billion (€5.4 billion) a year ago, or 33.2 percent higher on a year-over-year basis.

Finally, a turnover of $8.9 billion (€7.2 billion) was attributed to Börse Frankfurt in March 2018, up by 67 percent year-over-year $4.6 billion (€4.3 billion) in March 2017. Order book turnover on the Tradegate Exchange also totaled an estimated $11,29 billion (€9.2 billion) in March 2018, rising 18 percent over last year’s figure of against $9,57 billion (€7.8 billion).

Last month, Deutsche Börse Group entered into a strategic partnership with HQLAx, the marketplace organizer, in a bid to create a Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-based securities lending solution.