SIX Reports a Decline in Trading Turnover of -14.1% during October 2021

The Switzerland Stock Exchange (SIX) published its trading numbers today for October 2021. According to the report, its trading turnover reached CHF 92.6 billion, which is 14.1% down from the previous month, while the number of transactions dropped by 6.2% to a total of 4,853,176.

The report revealed that securities valued at CHF 5.6 billion changed hands on October 29, which was the highest volume for a single day. In addition, 277,862 trades were recorded on October 1, the day with the highest number. NESTLE N generated the most turnover with CHF 7.5 billion during the reporting month, followed by ROCHE GS with 270,441 transactions. At the end of the month, the SMI® had risen by 4.0% and reached 12,108.2 points.

A trading turnover of CHF 803.8 million was recorded in October for products with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term as underlyings. 34,651 transactions were concluded involving 115 products. With CHF 93.8 million in turnover and 3,398 trades, ETPs ABTC on Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and AETH on Ethereum had the highest turnover and transactions in October.

SIX June Metrics

In the metrics for June, the total trading turnover on the exchange hit CHF 113.7 billion, which is 21.1% more than in May, while transactions grew by 5.1% to a total of 4,786,124. Overall, SIX witnessed a trading turnover that reached CHF 694.5 billion with 33,654,356 transactions. At that time, the SMI® index set its benchmark at 11,942.7 points at the end of June, which is an increase of 5.1% in a month-over-month reading. Additionally, there were 311,612 trades made on June 18, the most trades made on any given day. With a turnover of CHF 11.4 billion, ROCHE GS had the highest turnover during the reporting month.

The stock with the highest turnover for that period was ROCHE GS, which saw CHF 11.4 billion exchanging hands at SIX. Moreover, assets with cryptos hit a trading turnover of CHF 377.3 million with 20,602 trades. As well, during that same period, the most traded crypto-related product was ZXBTAV, which brought in CHF 575 million.