SIX Swiss Exchange, a key player in the financial market, has recently observed a decline in equities trading turnover, marking a notable shift in trading dynamics. Despite this decrease, the exchange has maintained a resilient performance amidst evolving market conditions. In the past year, SIX Swiss Exchange reported a trading turnover of CHF 791.9 billion, with a total of 44.6 million transactions executed. This figure, although slightly lower than the previous year’s turnover of CHF 802.5 billion, indicates a steady performance in the face of fluctuating market trends.
The Swiss blue chip index SMI® saw a positive growth trajectory, closing the year at 11,600.9 points, reflecting a 4.2% increase. Additionally, the bond market demonstrated robust results, with CHF 104 billion raised in 2024, marking the third consecutive year of issuances surpassing CHF 100 billion. These achievements underscore the exchange’s ability to navigate challenges and sustain its operational efficiency.
On a broader scale, BME Exchange also experienced a successful period in 2024, with the Spanish equity market witnessing a 6% surge in trading volume, amounting to EUR 318 billion. The IBEX35® index recorded a substantial rise of 14.8%, with a total return of 20% including dividends disbursed throughout the year. The derivatives segment on BME Exchange displayed notable growth, with a significant increase in trading volumes for IBEX 35 Options and Energy derivatives.
Moreover, both exchanges expanded their product and service offerings to cater to evolving market demands. SIX Swiss Exchange welcomed new issuers across ETFs, ETPs, and investment funds, showcasing a commitment to product innovation. The exchange saw a rise in the number of available ETFs, reaching 1,885, with 254 new launches in the past year. Similarly, structured products witnessed a record high, emphasizing the market’s receptiveness to diverse investment instruments.
Furthermore, the listing of new companies and products on both exchanges contributed to their overall growth and market presence. SIX Swiss Exchange hosted significant IPOs, including Galderma and Puig, while BME Exchange saw companies like Inmocemento and Cox listing on its main market. The capital-raising efforts on both exchanges underscore their pivotal role in facilitating financing activities and supporting the growth of listed entities.
In conclusion, the recent decrease in equities trading turnover on the SIX Swiss Exchange signifies a nuanced shift in market dynamics, reflecting the exchange’s adaptability and resilience. The strategic initiatives undertaken by both SIX Swiss Exchange and BME Exchange have not only sustained their market positions but have also paved the way for future growth and innovation in the European financial landscape. By expanding their product portfolios, facilitating capital-raising activities, and enhancing trading volumes, these exchanges have demonstrated their commitment to driving value and fostering a dynamic trading environment for investors.
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