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 , 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 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.
