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Xetra trades up by more than 6 percent in May

Total volume of €168 billion traded on all stock exchanges in Germany

(PresseBox) (Frankfurt am Main, ) In May 2008, the number of trades executed on Xetra® reached 14.4 million transactions - up more than 6 percent compared to May 2007 with 13.5 million trades. Order book turnover on Xetra recorded €144.8 billion (May 2007: €198.5 billion). On Xetra and the Frankfurt floor €141.9 billion were turned over in German equities and €7.1 billion in foreign shares. About 97.5 percent of the transaction volume with German equities and 82.3 percent of foreign equities were traded on Xetra and on the floor at Börse Frankfurt.

According to the Xetra liquidity measure (XLM), Deutsche Börse AG was the most liquid DAX® blue chip in May with 4.7 basis points (bp) for an order volume of €100,000. Beiersdorf AG was the most liquid MDAX® stock with 24.4 bp. The most liquid ETF was the Lyxor ETF Euro Cash with 1 bp. The most liquid foreign stock was Royal Dutch Shell with 11.3 bp. XLM measures liquidity in electronic securities trading on the basis of the implicit transaction costs. It is expressed in basis points (1 bp = 0.01 percent); a low XLM denotes high liquidity in a security.

Deutsche Bank AG was the strongest DAX® stock on Xetra in May at €8.6 billion.

K+S AG was the top MDAX® stock at €3.2 billion while Bauer AG led the K+SDAX® stock at €111 million and Q-Cells AG headed the TecDAX® at €1.5 billion. At €1.5 billion, the iShares DAX EX was once again the exchange-traded fund with the largest turnover.

On all stock exchanges in Germany €168 billion were traded in May according to order book turnover statistics - a decline by 12 percent compared year-on-year (May 2007: €233.8 billion). This total included €158.1 billion in equities,warrants and exchange-traded funds, as well as €9.9 billion in fixed-income securities. The number of trades at all exchanges added up to 22.1 million (May 2007: 27.4 million).

DAX®, MDAX®, SDAX®, and TecDAX® are registered trademarks of Deutsche Börse AG.