Federal turnover statistics
The federal turnover statistics are a reference list for the six German stock exchanges in Frankfurt am Main , Stuttgart , Hamburg / Hanover , Munich , Berlin and Düsseldorf . The statistics take into account all transactions on an exchange that are entered into the exchange EDP.
The federal turnover statistics as a comparative instrument is viewed critically, as a single transaction is counted several times and each entry is included in the figures as the original turnover:
- Both sales on the buy and sell side of a transaction are included in the statistics. In statistics, this doubles the value of a single transaction, for example the transfer of ownership of a share .
- When it is passed on via so-called order chains, one and the same customer order is recorded and counted anew every time as sales and purchases at each of the multiple order processing stations.
The federal turnover statistics also take into account all those securities movements on an exchange that are not the subject of a classic exchange trading transaction - such as securities transfers from bank to bank.
Order book statistics
In contrast to the federal turnover statistics, the order book statistics in floor trading ( floor trading ) record brokerage with price determination and the transactions via the electronic securities trading platform Xetra . So the value of a transaction is simply counted and assessed. It thus allows a meaningful comparison of the simple sales figures of the trading transactions on the individual stock exchanges and thus their sales performance.
The majority of German stock exchanges prefer the Oderbuch statistics to indicate the volume of their securities trading, as they are much more transparent than the federal turnover statistics.