SIX Swiss Exchange reported total trading turnover of CHF 469.8 billion from the beginning of the year. This represents a slight 1.7% decline year-on-year. Turnover was generated by 16'636'471 trades - a 5.8% decline year-on-year.
April figures were considerably lower than those reported in the previous month. However, April featured 18 trading days, i.e. five fewer days than March (23). April 2017 saw a total of 3'775'013 trades with a total turnover of CHF 98.7 billion, a month-on-month decline of 19.4%. Turnover was down by 30.8%.
Successful IPO of Galenica Santé
On 7 April, the shares of Galenica Santé AG were traded for the first time on SIX Swiss Exchange. The listing of Galenica Santé marks the second-largest IPO on SIX Swiss Exchange in the last ten years after Sunrise AG in 2015 and the largest IPO in Europe in 2017 year to date.
Furthermore, SLS continued to register a growing client base: in April, Bank Vontobel started trading in the SIX Swiss Exchange Liquidnet Service, joining the largest pool of buy-side block liquidity in Europe.
More detailed figures are available in the statistical monthly report[PDF]. The SIX Swiss Exchange website provides daily figures for volume and turnover.