Along with the growing number of issuers and choice of products available to investors, trading has increased as well – especially in the recent months, weeks and days. As André Buck points out in the article, the combined volumes traded in structured products and ETPs with crypto-currencies as underlyings on Swiss Stock Exchange are second to none. The trading turnover of CHF 521 million reached in 2019 was more than doubled in 2020, with a record-high CHF 1.1 billion – and after just 18 trading days in 2021, the volume in crypto products already reached almost half that, with CHF 537 million. Since the start of the year, 21,027 trades were carried out, already more than in the entire year 2019 (19,663).
“Competition Brings Innovation”
While the current high investor demand for crypto currencies is certainly fueling this recent growth, André Buck points out that there are also fundamental reasons for the growth on the Swiss Stock Exchange, such as the sophisticated investment community in Switzerland – and the role of the exchange itself, working closely with the financial industry to create a diversified, competitive yet regulated market and providing an infrastructure to investors so they can trade interesting products and gain access to the crypto world.
Read the full article on the ETF Express website