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Venture Match, Deutsche Börse Venture Network’s service launched at the end of September, has been in high demand in the first month.
With Venture Match, Deutsche Börse brings together growth companies and investors for financing rounds on a neutral platform in a targeted way. In October, eight companies have opted for the offer, which provides access to more than 200 investors from Europe, the USA and Asia.
Growth financing is a core task of exchange operators. With Venture Match, we are closing a gap that too often creates existential difficulties for companies with investment needs in the double-digit millions,” said Hauke Stars, Deutsche Börse Executive Board member responsible for Cash Market, Pre-IPO & Growth Financing. “By facilitating financing, we support the real economy and advance Germany as a place for business.
Cash market’s monthly report
Order book turnover at Deutsche Börse’s cash market amounted to €98.7 billion in October (October 2015: €126.7 billion). Of this amount, €90.4 billion were attributable to Xetra, €3.1 billion to Börse Frankfurt and €5.2 billion to Tradegate Exchange. The average daily turnover on Xetra stood at €4.5 billion (October 2015: €5.3 billion).
Broken down by asset classes, cash market turnover in equities reached about €86.7 billion. Turnover in ETFs/ETCs/ETNs amounted to €10.3 billion. Turnover in bonds was €0.4 billion, in structured products €1.0 billion and in funds €0.1 billion.
The DAX share with the highest turnover on Xetra in October was Daimler AG at €4.8 billion. GEA Group AG led the MDAX equities with €711 million, while ElringKlinger AG topped the SDAX equity index with €76 million, and Dialog Semiconductor plc. headed TecDAX with €347 million.
The ETF with the highest turnover on Xetra was iShares Core DAX UCITS ETF with €930 million. Xetra-Gold led the ETC segment on Xetra with €244 million. The gold holdings of Xetra-Gold amount to 113.1 tonnes.
The electronic trading platform Eurex Bonds traded €5.0 billion in October (mainly government bonds, October 2015: € 6.2 billion).
Cash Market, Pre-IPO & Growth Financing: