SIX Swiss Exchange’s financial report for the full year 2024 reveals a significant increase in total operating income, surging by 4.6% to reach $1,798.76 million. This growth was primarily attributed to the strong performance of its exchanges segment. The exchanges unit, consisting of SIX Swiss Exchange, SIX Digital Exchange, and Borsa Madrid (BME), reported an operating income of $383.26 million, marking a 2.6% rise from the previous year.

The positive results were a result of a strategic restructuring initiative undertaken by the company, where the exchanges business unit adopted a new asset class-based organizational structure in June 2024. This new approach involved the formation of specialized teams that operate independently of location but are supported by shared functions, enhancing operational efficiency and effectiveness.

Specifically, the trading operating income within the exchanges business unit saw a notable increase to $268.09 million, up from $265.26 million in 2023. Further contributing to the segment’s growth trajectory is the recent announcement of SIX’s acquisition of Aquis Exchange in November 2024. This strategic move is set to reshape the landscape of European equities markets, consolidating the resources and capabilities of both entities to create a pan-European exchange spanning traditional primary exchange and MTF businesses.

The securities services unit of SIX also experienced growth, recording an operating income of $613.38 million, up by 1.8% year-on-year, driven by a significant expansion in international custody services. The company attributed its overall increase in total operating income to its diversified business model, with revenue growth observed across various segments including funds trading, debit card services, mobile payments, eBill, international securities custody, reference data, regulatory services, and indices.

Bjørn Sibbern, the Chief Executive Officer of SIX, emphasized the company’s strong foundation for future growth and profitability, aiming to solidify its position as a leading pan-European financial market infrastructure provider. Leveraging its high-value global data offerings in a competitive market environment, SIX is focused on accelerating growth and enhancing profitability moving forward.

The positive financial performance of SIX aligns with similar successes reported by other market participants earlier in the year. Euronext and the London Stock Exchange (LSEG) both disclosed favorable earnings results, underscoring the overall resilience and growth potential of the financial markets despite challenging conditions. The upward trajectory of SIX Swiss Exchange reflects its commitment to innovation, strategic expansion, and operational excellence in the evolving landscape of global financial services.