Deutsche Börse sees rise in trading volumes 03 April 2018Frankfurt Reporter: Jenna Lomax
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Deutsche Börse cash markets achieved a turnover of €165.1 billion in March 2018, compared to €135.7 billion in March 2017.
In Q1 2018, the trading volume was €480.1 billion, an increase of around 33 percent compared with the first three months in 2017, which stood at €361.5 billion.
Of the €165.1 billion, €152.2 billion were attributable to Deutsche Börse’s business to business platform, Xetra.
This was compared to March 2017 where €123.6 billion was attributed to Xetra—the average daily turnover on Xetra was thus €7.2 billion.
Split by asset classes, cash market turnover in equities reached about €147.1 billion.
Turnover in bonds was €0.4 billion, in structured products €1.2 billion and in funds €0.2 billion.
Deutsche Börse has reported that its yearly revenue increased by 3 percent in 2017, ending the year with €2.4 million, compared to €2.3 million at the end of 2016.
The company achieved structural net revenue growth of approximately 5 percent, which it said is in line with its planning.
Deutsche Börse has also recently partnered with HQLAX for the creation of a securities lending solution using the R3 Corda blockchain platform.
The partnership between Deutsche Börse and HQLAX is expected to foster market adoption by enabling connectivity with HQLAX, for both trade execution and post-trade processing.
Using Corda’s blockchain technology, Deutsche Börse and HQLAX aim to build a fully integrated front to back operating model to facilitate more efficient collateral management of liquid assets.
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