Deutsche Börse Cash Market Annual Statistics 2025 and Turnover Figures December

Release date: Jan 02, 2026

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Deutsche Börse

- Trading volume of €1.755 trillion on the venues Frankfurt and Xetra
- Most traded stock in 2025 was Rheinmetall AG

Rheinmetall, Hensoldt, Renk Group and Steyr Motors were the stocks with the highest trading volume in the German indices DAX, MDAX, SDAX und Scale All Share last year. This is shown by Deutsche Börse's cash market statistics for 2025. In total, an order book turnover of €1.755 trillion was achieved last year on the trading venues Deutsche Börse Frankfurt and Deutsche Börse Xetra. The total order book turnover for 2024 was €1.3 trillion.

The stock with the highest order book turnover on Xetra in 2025 within the DAX was Rheinmetall AG with €116.33 billion, followed by SAP SE with €97.65 billion and Siemens AG with €67.11 billion. Hensoldt AG topped the MDAX index at €14.33 billion, while Renk Group AG led the SDAX with €2.50 billion. Steyr Motors AG ranked as the most traded share in the SME segment Scale with a volume of €450 million. In the ETF segment the iShares Core EURO STOXX 50 UCITS ETF generated the largest volume on Xetra with €10.73 billion in 2025.

Order book turnover in December 2025 totalled €116.33 billion (previous year: €104.86 billion / previous month: €135.46 billion). Of this amount, €113.00 billion was traded on Xetra and €3.33 billion on Frankfurt. The average daily turnover on Xetra in December was €5.95 billion (previous year: €5.63 billion / previous month: €6.57 billion).

Trading volumes 2025 in billion euros:

Xetra

Frankfurt

Total

Equities

1,354.17

23.56

1,377.73

ETFs/ETCs/ETNs

352.46

2.55

355.01

Bonds

-

9.18

9.18

Funds

-

0.65

0.65

Certificates

-

13.10

13.10

2025 in total

1,706.63

49.04

1,755.67

2024 in total

1,269.08

41.85

1,310.93

Trading volumes December 2025 in billion euros: 

Xetra

Frankfurt

Total

Equities

83.60

1.56

85.16

ETFs/ETCs/ETNs

29.40

0.18

29.58

Bonds

-

0.50

0.50

Funds

-

0.05

0.05

Certificates

-

1.05

1.05

Dec ‘25 in total

113.00

3.33

116.33

Dec ‘24 in total

101.33

3.53

104.86

Nov ’25 in total

131.40

4.06

135.46

Further details are available in Deutsche Börse’s cash market statistics. For a pan-European comparison of trading venues, see the statistics provided by the Federation of European Securities Exchanges (FESE).


Media contact:
Andreas von Brevern
+49 69 21114284
media-relations@deutsche-boerse.com

Martin Möhring
+49-69-2 11-1 62 77
media-relations@deutsche-boerse.com
 

About Deutsche Börse:

Deutsche Börse operates the cash market business within Deutsche Börse Group. Through its trading venues “Deutsche Börse Xetra” and “Deutsche Börse Frankfurt”, the business unit offers institutional and retail investors transparent and reliable access to a broad range of asset classes. In this way, Deutsche Börse strengthens the stability of capital markets in Germany and Europe. It gives companies access to capital that enables growth and promotes the competitiveness of the European economy.