Deutsche Börse Sees 16.1% Monthly Drop in Turnover of Cash Market for July 2023

Deutsche Börse published its cash market trading volumes for July 2023, recording a market turnover of €88.93 billion in the month, 14.9% lower than €104.53 billion in July 2022 and 16.1% lower than €106.02 billion in June 2023.

€86.17 billion were attributable to Xetra (previous year: €102.24 billion / previous month €103.15 billion), bringing the average daily Xetra trading volume to €4.10 billion (previous year: €4.87 billion / previous month: €4.69 billion). Trading volumes on Börse Frankfurt were €2.76 billion (previous year: €2.29 billion / previous month: €2.87 billion).

By type of asset class, equities accounted for €74.26 billion in the entire cash market. Trading in ETFs/ETCs/ETNs generated a turnover of €13.14 billion. Turnover in bonds was €0.61 billion, in certificates €0.87 billion and in funds €0.04 billion.

The DAX stock with the highest turnover on Xetra in July was SAP SE with €3.99 billion. Lufthansa AG led the MDAX with €712.15 million, while Aroundtown SA led the SDAX index with €175.54 million. In the ETF segment the iShares Core MSCI World Ucits ETF generated the largest volume with €505.90 million.