Deutsche Borse: Cash market turnover totals €127.2 billion in April
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Deutsche Borse: Cash market turnover totals €127.2 billion in April 02 May 2018Frankfurt Reporter: Jenna Lomax
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The high trading volume on the cash markets since the beginning of the year has led to new records in exchange-traded funds (ETFs) trading on Xetra, according to Deutsche Borse.
Deutsche Borse found Q1 2018 saw a total of more than 1.9 million orders executed on the reference market for exchange trading in German shares.
This was the highest number since the products were introduced in the year 2000, and around 30 percent up year on year.
The number of tradable ETFs also rose to a new high of 1,264 at the end of April.
In total, Deutsche Börse's cash markets generated a trading volume of €127.2 billion in April, an increase of 20 percent compared to last year (€106.2 billion), despite a return to lower volatility in the markets.
Of the €127.2 billion, €117.1 billion were attributable to Xetra compared with April last year, which saw €96.9 billion generated.
Split by asset classes, cash market turnover in equities reached approximately €113.5 billion, whilst turnover in ETFs, exchange-traded contracts, and exchange-traded notes amounted to €12.2 billion.
Additionally, turnover in bonds was €0.4 billion, €1 billion in structured products, and €0.1 billion in funds.
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