Switzerland’s Six Swiss Exchange and Spain’s BME Exchange achieved remarkable milestones in February, setting new records in trading volumes for exchange-traded funds (ETFs) and equities. Six Swiss Exchange saw a significant surge in its ETF segment, with turnover more than doubling year-on-year to 11.2 billion Swiss francs. The platform’s ETF Quote on Demand service also experienced a substantial increase in volume, reaching over 1.2 billion Swiss francs, reflecting a 17.9% growth from the previous month.

BME Exchange, on the other hand, witnessed a robust increase in ETF trading by 23.7% month-on-month, aligning with the overall trend of growing investor interest in ETFs across both exchanges. Following Six’s acquisition of BME in 2020, the consolidation of the Swiss and Spanish platforms has been instrumental in enhancing performance.

Equities trading also flourished during the month, with Six Swiss Exchange reporting a turnover of 76.8 billion Swiss francs, marking an 18% rise from the same period in the previous year. The overall trading turnover on Six increased by 2.7% in February and by 20.4% year-on-year, indicating a sustained positive market sentiment that has carried over into 2025. The total trading volume for the year surged by 21.9%, supported by the continuous growth of the equity market.

In February, the Swiss Market Index (SMI) achieved a significant milestone by surpassing the 13,000 mark for the first time, closing the month at 13,042.5 points. By the end of February, the SMI stood at 13,004.5 points, registering a remarkable 12.1% gain year-to-date, underscoring investors’ confidence in Swiss blue-chip stocks. Six Swiss Exchange also witnessed substantial growth in structured products, with over 10,000 new listings in February alone, bringing the total listings for 2025 to 21,127, a 23.1% increase from the previous year.

Moreover, the demand for cryptocurrency-linked structured products remained strong, with turnover surpassing 1 billion Swiss francs across more than 50,000 transactions. BME Exchange mirrored this positive trend, recording a total turnover of €38.9 billion, up by 14.5% from January and 22.9% year-on-year. The equities segment particularly drove this growth, with turnover reaching €28.4 billion, a 16.7% increase from the previous month, while transaction volumes remained stable at around 2.7 million trades. The IBEX 35 Index closed February at 13,347 points, marking a 7.9% increase month-on-month and a 15.1% rise for the year.

In the realm of initial public offerings (IPOs), BioVersys debuted on the Six Swiss Exchange at CHF 36.50 per share, attaining a market capitalization of approximately CHF 216 million. Similarly, BME welcomed its first IPO of 2025 with HBX Group, valued at EUR 2.84 billion at a reference price of EUR 11.50 per share.

Commenting on the exceptional trading activity, Dimitris Mavroudis, the Head of ETF/ETP Product at Six, highlighted the significance of the dynamic and diverse product range offered by Six in catering to investor needs. The record-breaking performance of Six Swiss Exchange and BME Exchange in February underscores the growing prominence of ETFs and equities trading on these platforms, signaling a positive outlook for the Swiss and Spanish markets in the months ahead.