In recent news, the SIX Swiss Exchange has observed a decline in equities trading turnover. Despite a decrease in trading activity compared to the previous year, the exchange still showcased resilience and stability. In 2024, the trading turnover for equities on the SIX Swiss Exchange amounted to CHF 791.9 billion, with 44.6 million transactions executed. This data, although slightly lower than the figures of CHF 802.5 billion and 43.5 million transactions in 2023, reflects a consistent performance by the exchange.

Throughout the year, the Swiss blue chip index SMI® closed at 11,600.9 points, indicating a 4.2% increase. Additionally, the bond market demonstrated robust performance by raising CHF 104 billion in 2024, marking the third consecutive year with issuances exceeding CHF 100 billion. This positive trend signifies a stable financial market and investor confidence in the Swiss Exchange.

On a similar note, the BME Exchange also experienced a successful period in 2024. The Spanish equity market witnessed a 6% surge in trading volume, reaching EUR 318 billion. The IBEX35® index showed significant growth of 14.8%, with a total return of 20% when factoring in dividends distributed during the year. Moreover, derivatives trading on the BME Exchange saw a notable increase, with IBEX 35 Options volume rising by 45.7% and a 27.9% uptick in Energy derivatives trading.

Both exchanges expanded their product and service offerings in response to market demands. SIX Swiss Exchange welcomed six new issuers in ETFs, ETPs, and investment funds, highlighting a drive for product innovation. The number of ETFs available to investors reached 1,885, with 254 new launches in the previous year. Additionally, the Swiss stock exchange saw a record number of 110,792 newly listed structured products, surpassing the previous year’s record.

Furthermore, the SIX Swiss Exchange hosted Europe’s two largest initial public offerings (IPOs) in 2024, with companies like Galderma and Puig making significant debuts. The exchange also witnessed the listing of Sunrise on the Swiss main market, further enhancing its market presence. The BME Exchange also had notable listings, with Inmocemento and Cox joining the BME main market, and BME Growth raising EUR 573.5 million for 23 listed companies.

The overall growth in key metrics, such as trading activity, listings, and capital raising, across both the SIX Swiss Exchange and the BME Exchange, underscores the strength of these platforms in the European financial landscape. André Buck, Head of Debt Capital Markets, Exchanges, at SIX, emphasized the exchange’s commitment to innovation and client value, reflecting a positive outlook for the future of these financial markets.

In conclusion, the recent performance of the SIX Swiss Exchange and BME Exchange, despite a decrease in trading turnover, signifies resilience, innovation, and growth in the European financial market infrastructure. These exchanges continue to adapt to market dynamics and investor needs, positioning themselves as key players in the evolving financial landscape.