Deutsche Börse’s Turnover Surges Higher in March

Deutsche Börse Group, one of the largest worldwide institutional trading networks, has reported its monthly order book turnover statistics detailing all asset classes for March 2017. The latest results showed a healthy growth across key segments on a month-over-month and year-over-year basis.

In particular, during March 2017, the group reported $144.7 billion (€135.7 billion) across all its cash markets, corresponding to a jump of 24.5 percent month-over-month from $116.2 billion (€109.0 billion) in February 2017. Deutsche Börse’s turnover bested its 2016 counterpart by a factor of 12.2 percent year-over-year from (€120.9 billion) in March 2016.

Monthly Turnover Analysis

Of the $135.7 billion during March 2017, approximately $131.6 billion (€123.6 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, surging 26.4 percent month-over-month from $104.3 billion (€97.8 billion) in February 2017, as well as 10.7 percent higher year-over-year relative to $119.1 billion (€111.7 billion) in March 2016.

Additionally, the average daily turnover at Xetra also came in at just $5.8 billion (€5.4 billion) in March 2017, vs. $5.2 billion (€4.9 billion) in February 2017, or 10.2 percent higher on a month-over-month basis.

Finally, a turnover of $4.6 billion (€4.3 billion) was attributed to Börse Frankfurt in March 2017, up by 7.5 percent month-over-month from $4.3 billion (€4.0 billion) in February 2017 and year-over-year from $3.7 billion (€3.5 billion) in March 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 $8.3 billion (€7.8 billion) in March 2017, rising 8.3 percent month-over-month against $7.7 billion (€7.2 billion) in February 2017.