According to the order book statistics, Boerse Stuttgart generated turnover in excess of EUR 7 billion in June 2012. Nevertheless, as in recent months, investors remained cautious in response to ongoing market uncertainty.
Trading in securitised derivatives accounted for the lion’s share of total turnover at over EUR 3.3 billion. Of this, investment products led the way at more than EUR 1.8 billion, while leverage products contributed around EUR 1.5 billion to the total figure.
Debt instrument trading showed a modest increase. Overall, this asset class generated turnover approaching EUR 2.4 billion in June, around 3 percent up on the figure for May and over 15 percent up on June 2011. The main driver here was trading in corporate bonds. Turnover in this category ended the month at around EUR 1 billion, just under 1 percent higher than the previous month and again reinforcing Boerse Stuttgart’s market-leading position in exchange trading of corporate bonds. However, it was federal state jumbos (issued by Germany’s federal states) that recorded the biggest increase in bonds as a whole, with turnover up by more than 28 percent at around EUR 184 million.
Trading in equities reached over EUR 650 million. Of this figure, EUR 490 million is attributable to German equities and roughly EUR 160 million to international equities.
Investment fund units were up by around 46 percent compared to June 2011 and contributed around EUR 580 million to the overall total. At EUR 542 million, exchange-traded products (ETPs) accounted for by far the biggest share of this asset class.
Boerse Stuttgart Statistics June 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.