According to its order book statistics, Boerse Stuttgart generated turnover of about EUR 7.2 billion in September 2012. The trading volume was therefore around the same as in August 2012. At more than EUR 3.5 billion, securitised derivatives accounted for the largest share of the turnover in September. Turnover in this asset class was also almost unchanged in comparison with the previous month. The transaction volume in leverage products amounted to almost EUR 1.4 billion, while investment products contributed more than EUR 2.1 billion to the total turnover.
The transaction volume in debt instrument trading was almost the same as in August. The total turnover in this asset class in September was around EUR 2.1 billion. Corporate bonds accounted for the largest share, at EUR 1.1 billion. The highest growth in comparison with the previous month was in German government bond (‘Bund’) trading, where turnover rose by almost 29 percent to EUR 478 million.
Turnover in equity trading was around EUR 963 million, with trading volumes around 9 percent higher than in August. The volume of German equities amounted to about EUR 768 million and the volume of international equities to approximately EUR 195 million in September 2012. The volume of trading in investment funds and exchange-traded products (ETPs) was around EUR 540 million, more than 7 percent lower than in August. ETPs accounted for around EUR 496 million of the trading volume, and actively managed funds for around EUR 44 million.
Boerse Stuttgart Monthly Statistics - September 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.