The exchangeβs turnover decreased to CHF 1,046.3 billion in 2023.
SIX's transaction volumes dropped to 46,094,349 from 60,810,665.
SIX Swiss Exchange reported
a decrease in trading turnover for 2023, dropping from CHF 1,208.1 billion the previous year to CHF 1,046.3 billion. A statement from the exchange, released today (Wednesday), indicated a downturn in transaction volumes,
which totaled 46,094,349 compared to the previous year's 60,810,665.
Listing Activities and Market Expansions
Ten companies chose the SIX Swiss Exchange for equity
listings, aggregating approximately CHF 2.2 billion in transaction volume.
Notably, the listing of Sandoz, a spin-off from Novartis, marked a significant
event with a market capitalization of around CHF 10.5 billion.
Additionally, the introduction of R&S Group via
a business combination with VT5 Acquisition Company highlighted the addition of
the first Swiss Special Purpose Acquisition Company to the entities listed on SIX.
SIX's listed companies utilized the
Swiss capital market, raising around CHF 8.3 billion through equity capital. Debt capital instruments, especially bonds, experienced substantial activity. Around CHF 116 billion was raised through these instruments. This figure surpassed the CHF 100 billion mark for the second consecutive year.
BME Exchange's Trading Volumes
BME Exchange posted an uptick in trading volume,
closing the year with 2.29 billion trades. This represents an increase of 2.1%
from the previous year. The platform's market capitalization surged 16.8% to 1.2
trillion euros.
The fixed-income markets at BME registered a
significant increase in new funding, amounting to EUR 405 billion. This marked a boost of 8.7%, driven by the new Securities Markets Act. Besides that, the introduction of BME
Growth welcomed ten new companies.
Last year, the SIX Swiss Exchangelaunched ETF QOD Europe, according to a report by Finance Magnates. This service aims to enhance
the trading experience across various European markets, including the London
Stock Exchange, Euronext, and Nasdaq Stockholm.
Catering to the increasing demand for diverse
execution mechanisms, SIX's ETF QOD Europe aims to enhance liquidity, offer
better prices, and expand listings.
This approach, which involves collaboration with CCP
SIX x-clear, Cboe Clear Europe, and LCH Ltd, mitigates counterparty risk,
streamlines settlement processes, and optimizes costs for trading participants, the exchange said.
SIX Swiss Exchange reported
a decrease in trading turnover for 2023, dropping from CHF 1,208.1 billion the previous year to CHF 1,046.3 billion. A statement from the exchange, released today (Wednesday), indicated a downturn in transaction volumes,
which totaled 46,094,349 compared to the previous year's 60,810,665.
Listing Activities and Market Expansions
Ten companies chose the SIX Swiss Exchange for equity
listings, aggregating approximately CHF 2.2 billion in transaction volume.
Notably, the listing of Sandoz, a spin-off from Novartis, marked a significant
event with a market capitalization of around CHF 10.5 billion.
Additionally, the introduction of R&S Group via
a business combination with VT5 Acquisition Company highlighted the addition of
the first Swiss Special Purpose Acquisition Company to the entities listed on SIX.
SIX's listed companies utilized the
Swiss capital market, raising around CHF 8.3 billion through equity capital. Debt capital instruments, especially bonds, experienced substantial activity. Around CHF 116 billion was raised through these instruments. This figure surpassed the CHF 100 billion mark for the second consecutive year.
BME Exchange's Trading Volumes
BME Exchange posted an uptick in trading volume,
closing the year with 2.29 billion trades. This represents an increase of 2.1%
from the previous year. The platform's market capitalization surged 16.8% to 1.2
trillion euros.
The fixed-income markets at BME registered a
significant increase in new funding, amounting to EUR 405 billion. This marked a boost of 8.7%, driven by the new Securities Markets Act. Besides that, the introduction of BME
Growth welcomed ten new companies.
Last year, the SIX Swiss Exchangelaunched ETF QOD Europe, according to a report by Finance Magnates. This service aims to enhance
the trading experience across various European markets, including the London
Stock Exchange, Euronext, and Nasdaq Stockholm.
Catering to the increasing demand for diverse
execution mechanisms, SIX's ETF QOD Europe aims to enhance liquidity, offer
better prices, and expand listings.
This approach, which involves collaboration with CCP
SIX x-clear, Cboe Clear Europe, and LCH Ltd, mitigates counterparty risk,
streamlines settlement processes, and optimizes costs for trading participants, the exchange said.
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
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π¦ Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
π LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
π Facebook: https://www.facebook.com/FinanceMagnatesEvents
πΈ Instagram: https://www.instagram.com/fmevents_official
π¦ Twitter: https://twitter.com/F_M_events
π₯ TikTok: https://www.tiktok.com/@fmevents_official
βΆοΈ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
π LinkedIn: https://www.linkedin.com/company/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
π£ Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
π LinkedIn: https://www.linkedin.com/company/financemagnates/
π Facebook: https://www.facebook.com/financemagnates/
πΈ Instagram: https://www.instagram.com/financemagnates_official
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π‘ RSS Feed: https://www.financemagnates.com/feed/
βΆοΈ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
π Subscribe to our YouTube channel for more!π
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa