The trading turnover for equities on the SIX Swiss Exchange has experienced a decline, as reported recently. Despite this decrease, the exchange still demonstrated resilience and stability in its operations. In the past year, SIX Swiss Exchange, along with BME Exchange, saw significant trading activity and product listings, with both exchanges showing growth in various aspects.
SIX Swiss Exchange disclosed a trading turnover of CHF 791.9 billion, with over 44 million transactions executed. This figure, although slightly lower than the previous year’s turnover of CHF 802.5 billion, indicates a robust performance. The Swiss blue chip index, SMI®, also saw positive growth, closing at 11,600.9 points, reflecting a 4.2% increase. Additionally, the bond market on the exchange performed well, raising CHF 104 billion in 2024, marking the third consecutive year of exceeding CHF 100 billion in issuances.
BME Exchange also had a successful year, with the Spanish equity market witnessing a 6% surge in trading volume, amounting to EUR 318 billion. The IBEX35® index showed a notable increase of 14.8%, with a total return of 20% when factoring in dividends distributed during the year. The derivatives trading sector experienced substantial growth, with notable increases in IBEX 35 Options volume and Energy derivatives trading.
Moreover, both exchanges expanded their product and service offerings. SIX Swiss Exchange introduced six new issuers across various investment products, emphasizing innovation in its product range. The number of ETFs available for investors reached 1,885, with a significant addition of 254 new ETFs in the past year. Similarly, structured products listed on the exchange reached a record high, showcasing the market’s attractiveness to investors.
In terms of capital raising and listings, SIX Swiss Exchange hosted major IPOs in Europe, further solidifying its position as a key player in the financial market infrastructure. Companies listing on the exchange raised substantial funds through equity capital increases, indicating investor confidence in the market. BME Exchange also saw growth in its MARF market, supporting new issuers and financing, including green, social, and sustainable bond issues.
The positive performance of both SIX Swiss Exchange and BME Exchange underscores their resilience and commitment to driving innovation in the financial markets. These developments highlight the strength of these exchanges in a competitive landscape and their contribution to the European financial market ecosystem. As financial markets continue to evolve, exchanges like SIX Swiss Exchange and BME Exchange play a crucial role in facilitating efficient and transparent trading activities for investors worldwide.
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