Deutsche Börse’s January Turnover Starts Off Year on Solid Ground

German trading venue, Deutsche Börse Group, has announced the release of its order book turnover across all asset classes for the month ending January 2016, which came in at $145.6 billion (€133.7), according to a Deutsche Börse statement.

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Last month, Deutsche Börse reported a monthly turnover of $132.6 billion (€121.8 billion) across all its cash markets in December 2015. However, the latest figures in the new year justify a growth of 9.8% MoM – January 2016 did incur a decline over its 2015 counterpart, constituting a drop of -10.0% YoY from $161.7 billion (€148.5 billion) in January 2015.

Monthly Turnover Analysis

Of the monthly turnover of $145.6 billion at Deutsche Börse in January 2016, $134.4 billion (€123.4 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, climbing 9.9% MoM from $122.3 billion (€112.3 billion) in December 2015 – this growth was completely pared with its yearly counterpart, with January 2016’s turnover yielding a fall of -9.3% YoY from $147.0 billion (€135.0 billion) in January 2015.

The average daily turnover on Xetra also came in at $6.8 billion (€6.2 billion) in January 2016, climbing 10.7% MoM from $6.1 billion (€5.6 billion) in December 2015, vs. $7.0 billion (€6.4 billion) in January 2015.

Moreover, a turnover of $4.5 billion (€4.1 billion) was attributed to Börse Frankfurt in January 2016, or 5.1% higher MoM from $4.3 billion (€3.9 billion) in December 2015. 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 $6.8 billion (€6.2 billion) in January 2016, plunging -19.5 YoY against $8.4 billion (€7.7 billion) in January 2015.