Contact
QR code for the current URL

Story Box-ID: 209123

Gruppe Deutsche Börse AG Neue Börsenstr. 1 60487 Frankfurt am Main, Germany http://www.deutsche-boerse.com
Contact Gruppe Deutsche Börse AG +49 69 21111500
Company logo of Gruppe Deutsche Börse AG
Gruppe Deutsche Börse AG

Xetra Gold achieves record turnover

Xetra-Gold top-performing exchange-traded commodity by far / New daily record turnover of 1.6 tons of gold on 30 September

(PresseBox) (Frankfurt am Main, )
Xetra-Gold's success story continued in the third quarter, increasing turnover as well as market share. Order book turnover on all German stock exchanges in this security stood at around ¤65 million in July, increasing to just under
¤81 million in August and totaling around ¤142 million in September.

Xetra Gold achieved a market share of 46 percent based on all 114 exchange traded commodities listed at Deutsche Börse. In September, the market share of Xetra Gold in terms of order book turnover of the physically backed gold ETCs was 58 percent.

The strongest trading volume of any single day since Xetra Gold's launch was 30
September: A total turnover of 1.6 tons of gold was recorded on this day alone.
The total gold reserve at the issuer Deutsche Börse Commodities increased to 14 tons as of 8 October.

The physically backed debt instrument Xetra Gold was admitted for trading in December 2007 and has since become the commodity with the highest turnover of all exchange traded commodities listed and traded at Deutsche Börse.

About Deutsche Börse Commodities

Deutsche Börse Commodities GmbH is a joint venture between Deutsche Börse and its partners Bankhaus Metzler, Commerzbank, Deutsche Bank, DZ Bank, Vontobel and Umicore. The company was established in November 2007. With Xetra Gold, it offers innovative types of securitization for commodities and ensures cost-effective trading in an alliance with its partners. Xetra Gold is a physically backed bearer bond, with each unit certificate representing one gram of gold. The gold is held in custody at Deutsche Börse's subsidiary Clearstream.
The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.