Frankfurt-based Deutsche Börse AG, Germany’s paramount Exchange , 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 -based securities lending solution.