Deutsche Börse’s October 2015 Order Book Turnover Points Markedly Lower

German trading venue, Deutsche Börse Group, has released its order book turnover across all asset classes during the month ending October 2015, which came in at $139.5 billion (€126.7 billion), according to a Deutsche Börse statement.

Last month, Deutsche Börse reported a monthly turnover of $158.7 billion (€142.3 billion) across all its cash markets in September 2015. In terms of the October figures however, the order book turnover at Deutsche Börse represents a downward stroke of -11.0% MoM – the change was essentially equal over a yearly timetable, constituting a similar decline of -10.3% YoY from $155.4 billion (€141.2 billion) in October 2014.

Monthly Turnover Analysis

Of the monthly turnover of $140 billion at Deutsche Börse in October 2015, $149.4 billion (€117.1 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, falling -12.5% MoM from $147.4 billion in September 2015 – this decline was slightly mitigated when under the lens of a yearly figure, with October 2015’s turnover yielding a fall of -11.3% YoY from $145.3 billion (€132.0 billion) in October 2014.

The average daily turnover on Xetra also came in at $5.8 billion (€5.3 billion) in October 2015, falling -13.1% MoM from $6.9 billion (€6.1 billion) in September 2015, vs. $6.6 billion (€6.0 billion) in October 2014.

Furthermore, a turnover of $4.2 billion (€3.8 billion) was attributed to Börse Frankfurt in October 2015, or 15.2% MoM from $3.6 billion (€3.3 billion) in September 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 $6.5 billion (€5.9 billion) in October 2015, rising against $5.6 billion (€5.1 billion) in September 2015.

Last month, Deutsche Börse concluded the acquisition of over-the-counter (OTC) instruments trading venue 360T, following the approval of German financial regulatory bodies and the antitrust watchdog. The platform will remain regulated by BaFin and its existing management team will continue managing the subsidiary.