According to its order book statistics, Boerse Stuttgart generated turnover of around EUR 7.6 billion in May 2012. The trading volume was about 16 percent higher than in April. With more than EUR 3.7 billion, securitised derivatives accounted for the largest part of the total turnover in May. So this asset class grew by more than 11 percent in comparison with the previous month. Investment products accounted for more than EUR 1.9 billion of the total turnover, while leverage products contributed just under EUR 1.8 billion.
Turnover in debt instruments in May was almost 25 percent higher than in the previous month, at more than EUR 2.3 billion. Corporate bonds accounted for more than EUR 1 billion of this figure. The largest growth was in German government bonds (‘Bunds’),which attracted particular interest from investors because of the continuing sovereign debt crisis. Turnover returned to a more normal level at around EUR 681 million, more than 88 percent higher than in April.
Turnover in equity trading amounted to EUR 793 million. German equities accounted for the largest share of the transactions volume, at EUR 618 million. The volume of international equities traded rose slightly in comparison with the previous month to reach EUR 175 million.
Turnover in investment fund units and exchange-traded products (ETPs) was around 58 percent higher than in April, at more than EUR 719 million. ETPs accounted for about EUR 667 million of the trading volume, representing an increase of more than 2 percent in comparison with May 2011.
Stuttgart stock exchange trading volume May 2012
Note on the monthly statistics:
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 stock 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 (Deutscher Derivate Verband - DDV). This ensures that comparisons between the different stock exchanges can also be made with regard to securitised derivatives.