German stock exchanges post sharp gains in May trading volume.FRANKFURT--(BUSINESS WIRE)--June 1, 1995--Germany's stock exchanges posted a sharp increase in trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. in stocks and bonds in May from prior month, Deutsche Borse Group Deutsche Borse Group A diversified German financial group that operates securities and derivatives exchanges, provides clearing services, and markets capital market information. See also Xetra. announced. The Deutsche Borse Group operates Germany's primary markets for equity, bonds and derivatives trading. Equities and warrants showed the highest growth in May, with a volume of DM 193.5 billion (U.S. $137.2 billion), a gain of approximately 42 percent over the previous month. Bond volume rose to DM 559.8 billion (U.S. $397.0 billion), a 30 percent increase from the prior month. The Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. , a division of the Deutsche Borse, accounted for 74 percent of the total volume traded on the German stock exchanges in May, up slightly from the 73.8 percent share in April. The higher volume was largely attributed to trading in bonds. In May, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank was the most heavily traded issue on the German exchanges, posting DM 15.08 billion (U.S. $10.70 billion), compared with DM 9.57 billion (U.S. $6.78 billion) in the prior month. Trading volume at the Deutsche Terminborse (DTB See Deutsche Terminbörse. ), Germany's futures and options exchange, increased by nearly 36 percent to 4,730,217 contracts in May, compared with 3,484,897 contracts traded in April. Of the total, 2,836,432 option contracts were traded in May, compared with 2,092,810 contracts in the previous month. Futures contracts traded rose to 1,893,785 contracts in May from 1,392,087 contracts in April. Trading volume in both DTB options and futures in May represented an approximate 36 percent gain from the prior month. Trading activity in DTB stock options also rose sharply in May, with a volume of 860,450 contracts compared with 615,802 contracts in the prior month. Additionally, trading in the BOBL BOBL Bundesobligationen (German government bonds) futures showed a marked increase of 588,121 contracts in May, a 56.4 percent gain from the prior month. The Deutsche Borse Group is among the world's most diverse, liquid and cost-efficient financial markets offering the trading of securities through its Frankfurt Stock Exchange division and trading in futures and options through its Deutsche Terminborse division. Deutsche Borse is also a leading provider of electronic trading and clearing systems to stock futures and options exchanges worldwide. CONTACT: Deutsche Borse AG, Frankfurt Stefan Lutz, 069-2101-1500 or Trimedia, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Marc Weinstein, 212/888-6115 |
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