SIX Swiss Exchange June Statistics Include Record Volume After Brexit

SIX Swiss Exchange volumes lifted in June by 29% from Brexit volatility.

Switzerland-based SIX Swiss Exchange reported today its June 2016 trading statistics and noting that the Brexit led to increased trading activity, as securities trading turnover rose 29.7% to CHF 118.1 billion from May’s total of CHF 91.09 billion, and as the number of trades also rose by 29.1% to nearly 4.37 million transactions.

Last month SIX Swiss Exchange had its third listing after Investis Holdings SA completed a successful IPO on June 30th, and the exchange also welcomed Jane Street Financial Ltd as its first new participant for the year. SIX Swiss Exchange also noted that it is taking over the distributions and marketing activities from STOXX AG for its Swiss indices, as explained in the update.

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Brexit Lifts June Volumes

SIX Swiss explained that it recorded a significant increase in trading following the Brexit referendum, and said that the 395,787 transactions from its main exchange and structured products exchange were traded on June 24th and was the fourth-highest number of trades in its history.

However, the year-to-date totals that were just boosted from June’s figures and reached nearly 25.42 million transactions were still overshadowed by 3.6% compared to the same YTD period in 2015 as the SNB crisis had driven record-high transactions in January 2015. The exchange noted the same trend was observed in turnover which fell 8.7% to CHF 687.1 billion compared to the same period year-over-year, compared to volumes which can be seen in an excerpt below from the June report.

SIX Swiss Exchange June 2016 report
SIX Swiss Exchange June 2016 report


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