Deutsche Börse’s April Turnover Pointed Lower, Tradegate Pares Recent Gains

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has released its monthly order book turnover statistics covering all asset classes for the month ending April 2017. The latest results pared nearly all of the group’s recent gains, rescinding to some of its lowest levels of the year.

The London Summit 2017 is coming, get involved!

As such, during April 2017, the group reported a figure of $115.8 billion (€106.2 billion) across all its cash markets, corresponding to a fall of -21.7 percent month-over-month from $148.0 billion (€135.7 billion) in March 2017. Deutsche Börse’s turnover also failed to overtake its 2016 counterpart, moving lower by a margin of -12.2 percent year-over-year from $120.2 billion (€110.2 billion) in April 2016.

Monthly Turnover Analysis

Of the $115.8 billion during April 2017, approximately $105.7 billion (€96.9 billion) was attributable to 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, plunging -21.6 percent month-over-month from $134.8 billion (€123.6 billion) in March 2017, as well as -3.7 percent lower year-over-year relative to $109.7 billion (€100.6 billion) in April 2016.

Furthermore, the average daily turnover at Xetra also came in at just $5.9 billion (€5.4 billion) in April 2017, unchanged month-over-month from $5.9 billion (€5.4 billion) in March 2017. The latest readings did score an increase relative to 2016, rising by $5.2 billion (€4.8 billion).

Finally, a turnover of $3.7 billion (€3.4 billion) was attributed to Börse Frankfurt in April 2017, down -20.1 percent month-over-month from $4.7 billion (€4.3 billion) in March 2017 and -8.1 percent year-over-year from $4.0 billion (€3.7 billion) in April 2016. 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 also totaled an estimated $6.4 billion (€5.9 billion) in April 2017, falling 8.3 percent month-over-month against $8.5 billion (€7.8 billion) in March 2017.