SIX Swiss Exchange and BME Exchange had a successful year in 2024, with robust trading activity and product listings. Despite a slight decrease in equities trading turnover compared to the previous year, SIX Swiss Exchange reported transactions worth CHF 791.9 billion, showcasing resilience. The Swiss blue chip index SMI® closed the year with a 4.2% increase at 11,600.9 points. The bond market also performed well, raising CHF 104 billion, marking the third consecutive year of issuances exceeding CHF 100 billion.
Similarly, BME Exchange ended 2024 on a positive note with a 6% increase in trading volume, totaling EUR 318 billion. The IBEX35® saw a 14.8% rise and a total return of 20% including dividends. Derivatives trading spiked, with significant increases in IBEX 35 Options and Energy derivatives trading. The fixed income market executed 22,160 trades, while the AIAF market facilitated EUR 360 billion in new issuances.
Both exchanges expanded their product and service range significantly. SIX Swiss Exchange welcomed six new issuers across ETFs, ETPs, and investment funds, indicating growth in product innovation. The number of available ETFs reached 1,885, with 254 new launches in 2024. Structured products also hit a record high of 110,792. Additionally, the Swiss stock exchange saw an increase in underlyings for crypto products, boasting the largest selection among regulated exchanges.
SIX hosted Europe’s largest IPOs in 2024, including Galderma and Puig, while BME saw listings like Inmocemento and Cox. BME Growth raised EUR 573.5 million for the 23 companies that listed in 2024. Companies listed on the Swiss stock exchange raised CHF 2.3 billion via equity capital increases. These metrics underscore the strength of SIX’s pan-European reach and its position as a leader in European financial market infrastructure.
BME’s MARF market added 14 new issuers and supported EUR 16.6 billion in financing, including 18 new green, social, or sustainable bond issues. BME also launched SpainAtMid, a non-pre-transparency order book, in December, providing liquidity for Spanish equities. André Buck, Head of Debt Capital Markets at SIX, highlighted the strong performance in 2024, emphasizing resilience, innovation, and value delivery to clients.
Overall, both exchanges demonstrated growth in trading activity, listings, and capital-raising efforts, showcasing their commitment to innovation and meeting the needs of European investors. The expansion of product offerings, successful IPOs, and capital-raising activities signal a positive outlook for SIX Swiss Exchange and BME Exchange in the financial markets.
