The trading turnover for SIX Swiss Exchange recorded
a notable decrease to CHF 1,046.3 billion from the previous year’s CHF 1,208.1
billion in 2023. This reflects fluctuations, expansions, and new market
entries, shaping the trajectory of both exchanges’ activities throughout the
year
According to a statement released by the company
today (Wednesday), the exchange witnessed a surge in transaction volumes,
reaching 46,094,349 from the previous 60,810,665, showcasing increased market activity
despite lower turnover.
Ten companies chose SIX Swiss Exchange for equity
listings, aggregating approximately CHF 2.2 billion in transaction volume.
Notably, the listing of Sandoz, a spin-off from Novartis, marked a significant
event with a market capitalization of around CHF 10.5 billion.
Additionally, the introduction of R&S Group via
a business combination with VT5 Acquisition Company highlighted the entry of
the first Swiss Special Purpose Acquisition Company (SPAC) into the SIX-listed
entities.
Existing listed companies actively utilized the
Swiss capital market, raising around CHF 8.3 billion through equity capital
increases. Debt capital instruments, especially bonds, saw substantial
activity. Around CHF 116 billion was raised through these instruments. This
surpassed the CHF 100 billion mark for the second consecutive year.
Source: SIX Group
BME Exchange’s Trading Volumes
BME Exchange observed an uptick in trade volume,
closing the year with 2.29 billion trades. This represented an increase of 2.1%
from the previous year. The market’s capitalization surged by 16.8% to 1.2
trillion euros.
The Fixed Income markets at BME registered a
significant increase in new funding, amounting to EUR 405 billion, indicating
an 8.7% rise driven by the new Securities Markets Act. The introduction of BME
Growth welcomed ten new companies, including three SOCIMIS, while BME Scaleup
emerged as a market tailored for early-stage companies, augmenting the
exchange’s support framework.
Last year, the SIX Swiss Exchange launched ETF QOD Europe, according to a report by Finance Magnates. This service aims to enhance
the trading experience across various European markets, including the London
Stock Exchange, Euronext, and Nasdaq Stockholm.
Catering to the increasing demand for diverse
execution mechanisms, SIX’s ETF QOD Europe aims to enhance liquidity, offer
better prices, and expand listings, setting a new benchmark in ETF trading.
This approach, which involves collaboration with CCP
SIX x-clear, Cboe Clear Europe, and LCH Ltd, mitigates counterparty risk,
streamlines settlement processes, and optimizes costs for trading participants.
The trading turnover for SIX Swiss Exchange recorded
a notable decrease to CHF 1,046.3 billion from the previous year’s CHF 1,208.1
billion in 2023. This reflects fluctuations, expansions, and new market
entries, shaping the trajectory of both exchanges’ activities throughout the
year
According to a statement released by the company
today (Wednesday), the exchange witnessed a surge in transaction volumes,
reaching 46,094,349 from the previous 60,810,665, showcasing increased market activity
despite lower turnover.
Ten companies chose SIX Swiss Exchange for equity
listings, aggregating approximately CHF 2.2 billion in transaction volume.
Notably, the listing of Sandoz, a spin-off from Novartis, marked a significant
event with a market capitalization of around CHF 10.5 billion.
Additionally, the introduction of R&S Group via
a business combination with VT5 Acquisition Company highlighted the entry of
the first Swiss Special Purpose Acquisition Company (SPAC) into the SIX-listed
entities.
Existing listed companies actively utilized the
Swiss capital market, raising around CHF 8.3 billion through equity capital
increases. Debt capital instruments, especially bonds, saw substantial
activity. Around CHF 116 billion was raised through these instruments. This
surpassed the CHF 100 billion mark for the second consecutive year.
Source: SIX Group
BME Exchange’s Trading Volumes
BME Exchange observed an uptick in trade volume,
closing the year with 2.29 billion trades. This represented an increase of 2.1%
from the previous year. The market’s capitalization surged by 16.8% to 1.2
trillion euros.
The Fixed Income markets at BME registered a
significant increase in new funding, amounting to EUR 405 billion, indicating
an 8.7% rise driven by the new Securities Markets Act. The introduction of BME
Growth welcomed ten new companies, including three SOCIMIS, while BME Scaleup
emerged as a market tailored for early-stage companies, augmenting the
exchange’s support framework.
Last year, the SIX Swiss Exchange launched ETF QOD Europe, according to a report by Finance Magnates. This service aims to enhance
the trading experience across various European markets, including the London
Stock Exchange, Euronext, and Nasdaq Stockholm.
Catering to the increasing demand for diverse
execution mechanisms, SIX’s ETF QOD Europe aims to enhance liquidity, offer
better prices, and expand listings, setting a new benchmark in ETF trading.
This approach, which involves collaboration with CCP
SIX x-clear, Cboe Clear Europe, and LCH Ltd, mitigates counterparty risk,
streamlines settlement processes, and optimizes costs for trading participants.
