Deutsche Börse’s July Turnover Plunges, Paring Recent Gains

Deutsche Börse Group, a German institutional trading network, has reported its monthly order book turnover across all asset classes for July 2016, which has plunged MoM, paring last month’s gains, according to a Deutsche Börse statement.

The group has seen a large spike in its trading volumes during June 2016 with turnover figures soaring as a result of Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term-induced Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term. The trend proved to be short-lived however, as the latest figures came in at just $112.5 billion (€100.8 billion) across all its cash markets, corresponding to a fall of -23.3% MoM from $150.6 billion (€134.9 billion) in June 2016.

The latest figures show a reversion to an ongoing downtrend at the venue, which has been pointed lower for the majority of 2016 thus far. In looking at some of the other monthly statistics, July 2016’s latest turnover figures at Deutsche Börse were also much lower when weighed against their 2015 counterpart, as volumes notched a decline of -26.6% YoY from July 2015 after reporting $153.3 billion (€137.3 billion).

Monthly Turnover Analysis

Of the $112.5 billion in all, $102.5 billion (€91.8 billion) was attributable to Xetra, retreating -25.9% MoM from $138.3 billion (€123.9 billion) in June 2016. Taken over a yearly timetable however, Xetra’s July 2016’s turnover also incurred a tumble of -17.9% YoY from $142.2 billion (€127.4 billion) in July 2015.

Moreover, the average daily turnover on Xetra also came in at just $4.9 billion (€4.4 billion) in July 2016, vs. $6.3 billion (€5.6 billion) in June 2016, or -21.4% MoM, as well as suffering a -20.0% plunge YoY from $6.1 billion (€5.5 billion) in July 2015.

Finally, a turnover of $3.8 billion (€3.4 billion) was attributed to Börse Frankfurt in July 2016, approximately -19.0% lower MoM from $4.7 billion (€4.2 billion) in June 2016. Order book turnover on the Tradegate Exchange totaled an estimated $6.1 billion (€5.5 billion) in July 2016, dwindling -19.1% MoM against $7.6 billion (€6.8 billion) in April 2016.