The Swiss Stock Exchange, operated by SIX, saw trading volumes grow in September with 79.7 billion CHF (US$86.7bn) traded, an increase of 11.8% on the previous month. This includes growth in equities of 15.1%, with bonds recording the largest increase of 17.1%. SIX has also recorded a 4.1% increase in transactions in September.
Fixed income product listings have also increased with 55 new listings in September, up from 11 in August. This growth contributes to YTD total fixed income product listings reaching 341, alongside a 29.5% year-on-year increase for volume listed via fixed income.
Structured products listings remain the strongest area of growth, with more than 8,000 new products launched on the exchange in September. The exchange also welcomed two new issuers across the month: CAT Financial Products, the 17th issuer of exchange traded products (ETPs) and the second issuer of equity ETPs on the exchange, and Sustainable Real Estate AG, a new real estate fund issuer.
André Buck, global head of sales and relationship management at SIX Swiss Exchange, said: “While YTD trading turnover remains lower than in previous years, in line with reduced trading activity seen across European markets, structured products listings have now seen a year-to-year increase of 19%.”
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