Interestingly, after two years of continued uncertainty, political, social, and economic turmoil, traders are seeing economic factors emerging as stronger than global politics, citing inflation (76%) and increasing interest rates (75%) as the biggest factors driving trading activity as opposed to the Ukraine War (47%) and supply chain challenges (43%). Covid recovery ranked lowest in terms of impact on trading activity, with only 9% of respondents citing it versus 46% last year.
Tony Shaw, Head Sales UK & Ireland, SIX Swiss Exchange, comments: “The results of the survey clearly highlight concerns over the unpredictable nature of global markets heading into H2 2022. Despite the emergence of ESG as a major investment driver in the past few years, interest from traders has now given way to more pressing issues with the prospect of economic downturn on the horizon. It is now more vital than ever that institutions and traders have a trustworthy and well-regulated market operator to provide a stable trading environment in these volatile times.”