SIX Swiss Exchange Records 13% Drop in Turnover

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
Acquisition

Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There

Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
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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
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
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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
Acquisition

Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There

Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant’s service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There
Read this Term
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
Exchange

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv

An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term
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.

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