According to its order book statistics, Boerse Stuttgart generated turnover of more than EUR 7 billion in July 2014. The trading volume was up almost 15 percent on the figure for June.
Securitised derivatives accounted for the largest share of the turnover. The total turnover in this asset class in July was more than EUR 3.3 billion, around 21 percent higher than in June. The trading volume of investment products was around EUR 1.8 billion. Leverage products contributed around EUR 1.5 billion to the total turnover – up nearly 27 percent in comparison with June.
The order book turnover from equity trading was around EUR 1.1 billion. Turnover from trading in German equities amounted to around EUR 817 million. The trading volume of international equities was up more than 17 percent in comparison with June, at around EUR 295 million.
Turnover from debt instrument trading in July was up by around 12 percent compared with June, at more than EUR 1.8 billion. The largest increases were recorded in trading in mortgage bonds: at around EUR 115 million, the volume was up more than 38 percent compared with June.
Trading in investment funds contributed around EUR 92 million to the total turnover in July. The trading volume of exchange-traded products (ETP) was around EUR 631 million, up more than 23 percent on June.
Note on the monthly statistics:
With effect from 1 July 2014, Boerse Stuttgart changed its evaluation process for generating the monthly statistics. This resulted in some new sub-categories, which means that comparison with the previous year is no longer possible. The relevant fields are marked n.a. in the table.
For bonds, the new categorisation is essentially based on more precise differentiation between groups of issuers.
For securitised derivatives, the categorisation is exactly the same as the German Derivatives Association (DDV)’s product classification system: factor certificates, capital protection products with coupon and credit linked notes are now shown as separate categories.
Boerse Stuttgart’s monthly statistics are reported on the basis of the order book turnover. The turnovers of all the securities traded on each trading day are documented clearly and verifiably. The recording of securities transactions by order book is practised by all intermediary-based German exchanges and serves as a basis for comparing trading turnovers. For the securitised derivatives asset class Boerse Stuttgart also calculates the trading turnover according to the volume of customer orders executed and forwards these to the German Derivatives Association. This ensures that comparisons between the different exchanges can also be made with regard to securitised derivatives.