Trading volume on German exchanges show continued strength in February; DTB volume follows upward trend.

FRANKFURT--(BUSINESS WIRE)--March 2, 1995--Increased volume in equities trading and stronger activity on the futures market helped the Deutsche Borse AG maintain steady trading activity in February, despite losing two trading days due to the short month. Overall, trading volume on the exchanges declined 7 percent from January, but the equities volume jumped 9.3 percent, while volume on the DAX option surged 18.5 percent.

In February, total volume traded on the securities exchanges was DM 557.9 billion ($382.1 billion), down from January's DM 599.7 billion ($410.7 billion). Yet, the average daily volume of DM 27.9 billion ($19.1 billion) was slightly higher in February when compared to the previous month's DM 27.6 billion ($18.9 billion).

Equities

The equities volume in February increased to DM 133.4 billion ($91.3 billion) from DM 122.0 billion ($83.5 billion) in January, a jump of 9.3 percent. Volume on fixed-income securities, however, declined by 11.1 percent to DM 424.5 billion ($290.7 billion) in February from DM 477.6 billion ($327.1 billion) in January.

Increasingly, the Frankfurt Stock Exchange, a division of Deutsche Borse AG, is accounting for a growing share of the total volume on the German securities exchanges, with its share rising to 71.8 percent in February from 71.5 percent the previous month. At the same time, however, its share in total equities volume in February declined to 71.4 percent from 73.0 percent in January.

Siemens AG registered the highest turnover rate among stocks, posting a trading volume of DM 13.20 billion ($9.0 billion). In January shares traded in the company totaled DM 12.57 billion ($8.6 billion).

Bonds

In bond trading, its share of the total February volume increased to 71.9 percent from 71.1 percent in January.

Derivatives

Trading activity at Deutsche Borse AG's futures and options division. Deutsche Terminborse (DTB), increased 6.0 percent in February, from 4,215,004 contracts traded in January to 4,465,792 last month.

Contributing to the increase was the strong activity on the DAX option, which surged 18.5 percent. In February, 1,890,787 contracts were traded compared with 1,595,930 the previous month. Also doing well were the BOBL futures, with volume increasing 28.3 percent last month. Contracts traded jumped from 404,345 in January to 518,933.

The Deutsche Borse AG 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 AG 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, (69) 29977-528

or

Trimedia Inc., New York 

Martin Mosbacher, 212/888-6115