In 2014 the Swiss stock exchange saw CHF 90.8 billion of trading volume in ETFs. With CHF 24 bn, turnover in the fourth quarter exceeded the third quarter by 23%. This was revealed today in the latest edition of ETF Quarterly Statistics[PDF]. With 242'818 ETF transactions carried out on SIX Swiss Exchange in the fourth quarter, the total for 2014 amounts to 911'874. Average transaction size was CHF 99'620 and therefore higher than in the two previous years.
Most-traded products
The most-traded ETF in the fourth quarter was again the iShares SMI (formerly CS ETF on SMI), with CHF 1'685 million traded (+40% compared to the third quarter), followed amongst others by UBS ETF - MSCI USA UCITS ETF A in fourth place with a turnover of CHF 658 million. The list of the top 20 products is concluded by the db x-trackers MSCI EMERGING MARKETS INDEX UCITS ETF 1C with a turnover of CHF 227 mn in 19th position and the PowerShares EQQQ Nasdaq-100 UCITS ETF with CHF 222 mn.
988 listed ETFs
During the fourth quarter 2014, 50 new ETFs were listed on SIX Swiss Exchange. Most are replicating an equity basket and several are based on an alternative weighting. Twelve of the newly listed products are part of the international settlement initiative. At the end of 2014, there were 988 products in the ETF segment on the Swiss stock exchange (including 18 actively managed ETFs and 293 in additional trading currencies) from 18 providers; 23 official market makers provide liquidity.
The "ETF Quarterly Statistics" contains the most important facts and market data from SIX Swiss Exchange's ETF segment. Current information about market data, turnover and new listings can be found on the SIX Swiss Exchange website.
