SIX Swiss Exchange February Volumes Rise 8.3%
- February volatility seems to have helped fuel Switzerland's main trading bourse, as it reported transaction totals 10% higher over January.
Switzerland's main investment bourse, 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, a user-owned company group backed by a consortium of some 140 banks, today published its February 2016 trading metrics showing a 10% increase in transactions and 8.3% rise in turnover month-over-month from January.
The company said it did CHF 234.9 billion worth of turnover, year-to-date, with average daily trading volume at CHF 5.7 billion for the first two months of 2016. During February, the press release cited that over 5.1 million transactions were concluded, across the main SIX Swiss Exchange and SIX Structured Products Exchange business lines, leading to a 10% rise over the prior month and turnover up 8.3% to CHF 122.1 billion,
Equity trading volumes were higher than average, as global stock market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term spurred trading volumes for some operators, coupled with currency market volatility that caused repatriations in and out of Europe, including with the Swiss Franc. The group said the volumes included funds and ETPS segments, and transactions climbed 10.5% to just over 4.90 million, a 10.5% rise over January, and turnover rose 12.3% to CHF 99.1 billion for that segment.
CHF Bond transactions also rose nearly 9% but had a negligible impact on overall volume which remained roughly unchanged – down one tenth of a percent – to CHF 12 billion. The ETF segment fell 21.8% to CHF 7.6 billion as the number of trades fell by 3.4% to 87,183 according to the announcement.
Switzerland's main investment bourse, 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, a user-owned company group backed by a consortium of some 140 banks, today published its February 2016 trading metrics showing a 10% increase in transactions and 8.3% rise in turnover month-over-month from January.
The company said it did CHF 234.9 billion worth of turnover, year-to-date, with average daily trading volume at CHF 5.7 billion for the first two months of 2016. During February, the press release cited that over 5.1 million transactions were concluded, across the main SIX Swiss Exchange and SIX Structured Products Exchange business lines, leading to a 10% rise over the prior month and turnover up 8.3% to CHF 122.1 billion,
Equity trading volumes were higher than average, as global stock market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term spurred trading volumes for some operators, coupled with currency market volatility that caused repatriations in and out of Europe, including with the Swiss Franc. The group said the volumes included funds and ETPS segments, and transactions climbed 10.5% to just over 4.90 million, a 10.5% rise over January, and turnover rose 12.3% to CHF 99.1 billion for that segment.
CHF Bond transactions also rose nearly 9% but had a negligible impact on overall volume which remained roughly unchanged – down one tenth of a percent – to CHF 12 billion. The ETF segment fell 21.8% to CHF 7.6 billion as the number of trades fell by 3.4% to 87,183 according to the announcement.