SIX Swiss Exchange and BME Exchange witnessed significant growth in trading activity for H1 2025 in several asset classes. Combined trading turnover for the first half of 2025 rose 19.3% compared to 2024, surpassing EUR 892bn.
ETFs saw the highest growth on SIX Swiss Exchange in the past six months. ETF trading turnover for the first half of the year doubled, growing 100.8%. In total, CHF 68.8bn have been traded in the segment in 2025, with a 56.1% growth in the number of transactions.
This contributed to a strong 21.1% increase for H1 in total turnover on SIX Swiss Exchange, surpassing CHF 608.5bn at the half year mark. Activity in ETFs was complemented by a 16.1% increase in equities turnover, alongside a 11.0% rise in fixed income turnover.
On BME Exchange, options trading grew at a fast pace, with contracts traded up 72% this year so far. Equities turnover increased by 8.7%, while fixed income trading rose by 11.6% over the last six months. Volume of fixed income listings also saw a strong performance on BME Exchange, up 31.0% in June in comparison to the previous month and 19.1% for the year so far.
New structured products listings rose by a notable 59.9% year-to-date (YTD) on SIX Swiss Exchange, with 88,419 in total. BME Exchange also saw an uptick in new structured product listings (18.5%), coinciding with considerable growth in the first half of this year in both trading turnover and transactions for structured products, up 33.5% and 42.5% respectively. Overall, trading turnover for the Spanish exchange rose 9.4% in the first half of the year, reaching EUR 246.5bn.
The Spanish market continues to attract strong investor demand, with the IBEX 35 closing June at 13,992. The index has been one of the best performing European indices over the past six and 12 months, up 20.7% and 27.9% respectively. The Swiss blue chip index SMI ended the month at 11,921.5 points, up 2.8% since the start of the year.
Gregor Braun, Co-Head Cash Markets, Exchanges, SIX, commented: “In a half-year characterized by high levels of market uncertainty, the resilient growth witnessed on SIX Swiss Exchange and BME Exchange stands out. Our expertise at the forefront of the Swiss ETF sector has allowed us to build an extensive product range and obsserve sustained high volumes. On BME Exchange, growing investor optimism has been reflected in increased turnover across all trading segments for 2025 so far.”