.jpg)
Trading turnover across all the securities traded on SIX Swiss Exchange totaled CHF 723.6 billion in the first half of 2017, which represents an increase of 5.3% on the corresponding period last year. The average trading turnover per day therefore came in at CHF 5.8 billion. The number of transactions also increased: 25'943'274 trades were conducted in total, a rise of 2.1% on the first half of 2016.
The equities including funds + ETPs and ETFs segments were the main contributors to this rise. The non-CHF bonds segment saw the biggest increases, with turnover up 44.3% and a rise of 17.5% in the number of trades.
Following a strong month in May, trading activity decreased overall in June. A total of 4'402'812 trades were conducted with a turnover of CHF 121.3 billion. This marked a fall of 10.2% on the previous month.
Growth of client base and extension of service offering
In the first six months of 2017, three companies were listed on SIX Swiss Exchange, including Galenica Santé and Idorsia. Furthermore, several new clients were welcomed: Market Wizards as a trading participant, First Trust as an ETF issuer and Liquid Capital Management as a Market Maker for ETFs.
Since February, SLS includes two additional European markets and was able to further grow its customer base, with Bank Vontobel being the latest to join. Furthermore, EuroCCP was welcomed as the third clearing provider on the Swiss exchange. In March, the new course Financial Markets and Products was launched and end of June the Swiss Finance Museum was opened in Zurich.
More detailed figures are available in the statistical monthly report[pdf]. The SIX Swiss Exchange website provides daily figures for volume and turnover.
