Börse Berlin raises Turnover by 12%

Berlin - 8 October 2012

In Q3 2012 both marketplaces, XONTRO and Equiduct, reached a turnover of € 12.9 billion, a plus of 12% compared to Q2 2012 (€ 11.5 billion). In the same period of time the number of trades amounted to 2 million, a raise of over 5% (1.9 million in Q2 2012).

Xontro turnover reached € 2.9 billion in Q3 2012, a decrease of 17% (Q2 2012: € 3.5 billion). Trades rose by 6.6% to 35,945 (Q2 2012: 33,721).

Equiduct, the Pan-European trading platform with a premium Best Execution service, achieved a quarterly turnover of € 10 billion in Q3, an increase of 25% in comparison with Q2 2012. This increase was matched by a rise in the number of trades from 1.9 million to 2 million. Clients trading on Equiduct’s premium best execution service, PartnerEX, received an average price improvement per trade of € 2.24 during Q3, allowing our clients to save € 322,300.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development