Switzerland’s principal exchange, the SIX Swiss Exchange, has just released its operational metrics for the month ending November 2017, having had its trading turnover increase on a monthly basis following an uptick in volatility.
During November 2017, trading turnover at the exchange’s venues, including on SIX Structured Products Exchange Ltd, were pointed higher after recording a combined nominal value of CHF 115.0 billion (roughly $117.7 billion at today’s rates), up 6.8 percent from CHF 107.3 billion ($106.9 billion) in October 2017.
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In terms of the total number of transactions, the volumes came in at 4.73 million, a gain of 7.8 percent month-on-month compared to 4.39 million transactions reported for October 2017.
The bourse noted in the press release that its year-to-date volumes, through end of November 2017, were higher by 8.8 percent versus the same period in the previous year, coming in at 47.5 million trades. This effect was apparent in trading turnover as well after rising 6.3 percent over the same period and totalled CHF 1.24 trillion ($1.27 trillion) as of last month.
The Zurich-based market operator also said that equities segments, including funds plus ETPs and ETFs, were the main contributors to this rise. With the exception of bonds in foreign currencies, all trading segments posted higher turnover month-on-month.