Deutsche Börse's Trading Volume Dips to €1.2 Trillion in 2023

<p>Deutsche
Börse today (Tuesday) released its 2023 cash market statistics, showing a total
trading volume of €1.2 trillion across its Xetra and Frankfurt Stock Exchange
venues. This represents a decline of 21% compared to the €1.6 trillion recorded in
2022.</p><p>Deutsche Börse Cash Market
Trading Volume Reaches €1.2 Trillion in 2023</p><p>Deutsche
Börse operates the Xetra electronic <a href="https://www.financemagnates.com/terms/t/trading-platform/">trading platform</a> along with the Frankfurt
Stock Exchange, which together account for over 90% of German cash equities
trading. The company offers trading in shares, ETFs, bonds, funds and other
instruments for over 1.6 million domestic and international securities.</p><p>On a
monthly basis, the total December volumes amounted to €97.4 billion, compared
to €104.5 billion reported the previous month. However, when looking at the
volumes for the same period last year, there was an increase from the €92.01
billion reported in December 2022.</p><p>“Of this
amount, €94.1 billion was attributable to Xetra and €3.3 billion to Börse
Frankfurt. The average daily turnover on Xetra in December was €5 billion
(previous year: €4.3 billion / previous month: €4.6 billion),” Deutsche Börse commented.</p><p>The most
actively traded stock on Xetra in 2023 was SAP SE, with a turnover of €53.9
billion. Allianz SE and Siemens AG followed with €50.2 billion and €49.7
billion, respectively. In the MDAX index, Lufthansa AG led trading activity at
€10.3 billion. Morphosys AG topped the SDAX with €1.5 billion, while Formycon
AG was the highest volume stock on the Scale segment at €200 million.</p><p>In the ETF
segment, the iShares Core MSCI World Fund was <a href="https://www.financemagnates.com/terms/x/xetra/">Xetra</a>'s largest with €6.1
billion. The average daily turnover on Xetra in December was €5 billion, up
from €4.3 billion in December 2022.</p><p>Deutsche Börse Net Profit
Increases 24% in 2022</p><p>Last year,
the German stock exchange operator reported a significant increase of 24% in
annual revenues and profits. The net revenue rose to €4,338 million, up from
€3,509 million in 2021. EBITDA surged to €2,525 million from €2,043 million,
while <a href="https://www.financemagnates.com/institutional-forex/deutsche-brses-net-profit-increases-24-in-2022-to-16b/" target="_blank" rel="follow">the final net income climbed to €1,563 million</a>, a considerable increase
from the previous year's €1,264 million. This marked a uniform annual growth
rate of 24%.</p><p>In the
latest update for 2023, Deutsche Börse Group experienced <a href="https://www.financemagnates.com/institutional-forex/deutsche-brse-eyes-29-billion-2023-ebitda-following-successful-simcorp-takeover/" target="_blank" rel="follow">a robust third
quarter</a>, with revenues climbing 9% to €1,188.3 million, a rise from the
€1,090.2 million reported in the same period last year. This quarter was
noteworthy for the successful completion of the SimCorp acquisition, a move set
to introduce a new investment management-related business product by the German
exchange operator.</p><p>The
acquisition of SimCorp, valued at €3.9 billion, was initially announced <a href="https://www.financemagnates.com/institutional-forex/deutsche-brse-acquires-simcorp-for-39bn-reports-12-jump-in-q1-profits/" target="_blank" rel="follow">in the
first quarter of 2023</a>. Subsequent reports in May <a href="https://www.financemagnates.com/institutional-forex/deutsche-brse-moves-forward-with-simcorp-acquisition/" target="_blank" rel="follow">confirmed that</a> negotiations
were progressing as expected, with the transaction slated for completion in the
third quarter. This plan was successfully executed according to the outlined
schedule.</p>

This article was written by Damian Chmiel at www.financemagnates.com.