• Trading turnover of CHF 248.6 billion since the start of the year (+8.7% year-on-year)
  • Number of trades 11,439,631 (+39.9% year-on-year)
  • Average daily trading turnover of CHF 6.1 billion in the year to date
  • New ETF issuer: Franklin Templeton

Last month saw another year-on-year increase in trading turnover on SIX Swiss Exchange. The on-year rise of 8.7% in February was more than twice the increase reported in January, which came in at 3.5%. Participants on SIX Swiss Exchange have therefore traded securities worth a total volume of CHF 248.6 billion in the year to date, which equates to an average turnover of CHF 6.1 billion per trading day. At CHF 3.3 billion, trading volumes in the structured products and warrants segment were up by as much as 32.1%. The number of trades across all segments came in at 11,439,631, equating to a marked rise of 39.9% versus the previous year. Compared with the on-year rise in January of 41.6%, at 39.9% the year-on-year increase in February was therefore more or less unchanged.

Looking at February alone, the total trading volume ran to CHF 123.7 billion. This represented a slight (1%) decline on the prior month, which did, admittedly, have one trading day more. The number of trades during the reporting month fell by 7.7% to 5,490,410. 6 February saw both the highest trading volume, of CHF 10.8 billion, and the highest number of transactions, at 506,603. NESTLE N stocks posted the highest turnover and ROCHE GS stocks accounted for the highest number of trades.

The equities including funds & ETPs segment was the leading contributor to turnover in February. Trading turnover in this segment was down 2.8% month-on-month at CHF 96.9 billion, while the number of trades fell by 7.9% to 5,279,393. Trading turnover in CHF bonds climbed by 4.7% to CHF 10.9 billion. However, the number of trades contracted by 9.8% to 29,777. Turnover in ETFs increased significantly, climbing by 13.1% to CHF 12.4 billion. Nevertheless, at 113,773 the number of transactions was down slightly (1.4%). As far as structured products and warrants are concerned, turnover was down by 23.2% to CHF 1.4 billion, while the number of trades declined by 3.4% to 65,952.

SIX Swiss Exchange welcomed Franklin Templeton as a new ETF issuer in February. This means that trading participants can now choose from five new smart beta ETFs. As a result, the number of ETFs that can be traded at SIX has risen to 1,321 from a total of 23 providers. In addition, 30 new CHF bonds (+76.5%) and 3,096 new structured products and warrants (-13.8%) were admitted to trading in February. In total, issuers have therefore listed 47 new CHF bonds (+11.9%) and 6,688 new structured products and warrants (+17.1%) in the year to date.

In February 2018, the performance of the leading equity indices was as follows: the blue chip SMI® index closed at 8,906.4 points at the end of February (-4.6% month-on-month; -5.1% versus end-2017). The SLI Swiss Leader Index® ended the month at 1,469.3 points (-4.1%; -3.2%), while the broader-based SPI® closed at 10,258.6 points (-4.5%; -4.6%). The SBI® AAA-BBB Total Return index was down versus January (-0.1%/-1.2% compared with end-2017) at 134.8 points.

Since beginning of 2018

Trading days since beginning of 2018:
41

Trading days in same prior-year period:
41

  Turnover in CHF million Change versus same prior-year period

Equities incl. Funds + ETPs*

196,548

10.1%

Bonds CHF

21,328

-7.6%

ETFs

23,430

15.8%

Bonds non-CHF

4,012

-8.0%

Structured products and warrants

3,268

32.1%

TOTAL

248,585

8.7%

 

Number of trades

Change versus same prior-year period

Equities incl. Funds + ETPs*

11,010,478

40.5%

Bonds CHF

62,787

3.3%

ETFs

229,206

28.5%

Bonds non-CHF

2,951

-24.1%

Structured products and warrants

134,209

33.4%

TOTAL

11,439,631

39.9%

 

Number of newly listed products

Change versus same prior-year period

Bonds CHF

47

11.9%

Structured products and warrants

6,688

17.1%

*Contains domestic & foreign shares, investment funds, sponsored funds, ETSFs and ETPs

February 2018

Trading days February 2018:
20

Trading days in previous month:
21

Segment Turnover in CHF million Change versus previous month

Equities incl. Funds + ETPs*

96,885

-2.8%

Bonds CHF

10,907

4.7%

ETFs

12,437

13.1%

Bonds non-CHF

2,040

3.4%

Structured products and warrants

1,419

-23.2%

TOTAL

123,687

-1.0%

 

Number of trades

Change versus previous month

Equities incl. Funds + ETPs*

5,279,393

-7.9%

Bonds CHF

29,777

-9.8%

ETFs

113,773

-1.4%

Bonds non-CHF

1,515

5.5%

Structured products and warrants

65,952

-3.4%

TOTAL

5,490,410

-7.7%

 

Number of newly listed products

Change versus previous month

Bonds CHF

30

76.5%

Structured products and warrants

3,096

-13.8%

*Contains domestic & foreign shares, investment funds, sponsored funds, ETSFs and ETPs

Index Month-end-reading Change versus end of previous month Change since end of 2017

SMI®

8,906.4

-4.6%

-5.1%

SLI Swiss Leader Index®  PR

1,469.3

-4.1%

-3.2%

SMIM® Price

2,539.7

-3.6%

-2.0%

SPI®

10,258.6

-4.5%

-4.6%

SPI EXTRA® Total Return

4,253.6

-3.2%

-1.1%

SXI LIFE SCIENCES® Total Return

4,325.0

-4.9%

-2.7%

SXI Bio+Medtech® Total Return

4,364.2

-5.3%

-1.8%

SBI® AAA-BBB Total Return

134.8

-0.1%

-1.2%


Any questions?

If you have any questions, please do not hesitate to contact Julian Chan, Media Relations.

SIX
 
SIX operates and develops infrastructure services in the areas of securities, payment transactions and financial information with the aim of raising efficiency, quality and innovative capacity across the entire value chain of the Swiss financial center. The company is owned by its users (127 banks). With a workforce of some 4,000 employees and a presence in 23 countries, it generated operating income in excess of CHF 1.9 billion and group net profit of CHF 207.2 million in 2017.

www.six-group.com