Deutsche Börse published its monthly volumes report for October 2020. The volumes for last month fell slightly, compared to September and August and were up on year-over-year basis.
The company reported a 2% MoM drop in turnover with €146 billion in October (€149 billion for September 2020). The numbers are up by 7.8% in comparison to October 2019 when it was €135.4 billion.
€119.4 billion of the total turnover in October was attributable to Xetra with a 4% decrease MoM, compared to the €124.9 billion in September. Xetra’s average daily trading volume was €5.4 billion. Börse Frankfurt achieved turnover of €4.3 billion, registering 7% MoM rise compared to September when it was €4 billion and Tradegate Exchange made €22.3 billion, up by 11% MoM (€20.1 billion for September).
Divided by class of asset, equities generated around €126.1 billion. Trading ETFs/ETCs/ETNs earned €17.8 billion. The trading volume in bonds was €0.4 billion, in certificates €1.5 billion and in funds €0.3 billion.
SAP SE achieved the highest volume from the DAX stock on Xetra in October with €9.8 billionHelloFresh SE led the MDAX equities with €1.1 billion in October and Encavis AG led the SDAX index with €190.3 million. The iShares Core DAX UCITS ETF generated the largest volume in the ETF sector with €1.5 billion.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.