SIX Swiss Exchange Posts Solid Volumes in November 2016

by Aziz Abdel-Qader
  • The Zurich-based bourse said that trading turnover at the exchange’s venues was brisk in November.
SIX Swiss Exchange Posts Solid Volumes in November 2016
Finance Magnates

Switzerland's principal Exchange , the SIX Swiss Exchange, today released its November 2016 trading update, which saw positive flows across various segments when weighed against its October's equivalents.

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The statistical report shows that trading turnover at the exchange’s venues, including on SIX Structured Products Exchange Ltd, had a combined nominal value of CHF 125.8 billion (roughly $124.18 billion at today’s rates) in November, a good jump of +36.6% from just CHF 91.8 billion ($90.62 billion) in the month prior. In addition, the total number of transactions were numbered at 4,681,692, up 32.8% compared to 3,525,653 transactions reported for March.

The Swiss key bourse noted in the press release that its year-to-date volumes, through end of November, were lower by -8.2% versus the same period in the previous year of 2015, and how that effect was apparent in trading turnover as well which declined -8.0% over the same period and totalled CHF 1,171.6 billion ($1,156.56 billion) as of last month.

Zurich-based market operator also said that trading on the structured products and warrants segment was brisk and posted the highest growth in November 2016. Turnover climbed by by 64.9% to CHF 1.5 billion, while the number of transactions rose by 37.2% to 61,677. The number of trades in the Equities including funds + ETPs segment stood at 4,483,977, an increase of 32.6% compared with the preceding month, while turnover increased 35.3% MoM to CHF 98.1 billion.

Switzerland's principal Exchange , the SIX Swiss Exchange, today released its November 2016 trading update, which saw positive flows across various segments when weighed against its October's equivalents.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

The statistical report shows that trading turnover at the exchange’s venues, including on SIX Structured Products Exchange Ltd, had a combined nominal value of CHF 125.8 billion (roughly $124.18 billion at today’s rates) in November, a good jump of +36.6% from just CHF 91.8 billion ($90.62 billion) in the month prior. In addition, the total number of transactions were numbered at 4,681,692, up 32.8% compared to 3,525,653 transactions reported for March.

The Swiss key bourse noted in the press release that its year-to-date volumes, through end of November, were lower by -8.2% versus the same period in the previous year of 2015, and how that effect was apparent in trading turnover as well which declined -8.0% over the same period and totalled CHF 1,171.6 billion ($1,156.56 billion) as of last month.

Zurich-based market operator also said that trading on the structured products and warrants segment was brisk and posted the highest growth in November 2016. Turnover climbed by by 64.9% to CHF 1.5 billion, while the number of transactions rose by 37.2% to 61,677. The number of trades in the Equities including funds + ETPs segment stood at 4,483,977, an increase of 32.6% compared with the preceding month, while turnover increased 35.3% MoM to CHF 98.1 billion.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
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About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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