SIX Swiss Exchange Reports Healthy Trading Turnover for November 2017

Switzerland’s principal Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, the SIX Swiss Exchange, has just released its operational metrics for the month ending November 2017, having had its trading turnover increase on a monthly basis following an uptick in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term.

During November 2017, trading turnover at the exchange’s venues, including on SIX Structured Products Exchange Ltd, were pointed higher after recording a combined nominal value of CHF 115.0 billion (roughly $117.7 billion at today’s rates), up 6.8 percent from CHF 107.3 billion ($106.9 billion) in October 2017.

In terms of the total number of transactions, the volumes came in at 4.73 million, a gain of 7.8 percent month-on-month compared to 4.39 million transactions reported for October 2017.

The bourse noted in the press release that its year-to-date volumes, through end of November 2017, were higher by 8.8 percent versus the same period in the previous year, coming in at 47.5 million trades. This effect was apparent in trading turnover as well after rising 6.3 percent over the same period and totalled CHF 1.24 trillion ($1.27 trillion) as of last month.

The Zurich-based market operator also said that equities segments, including funds plus ETPs and ETFs, were the main contributors to this rise. With the exception of bonds in foreign currencies, all trading segments posted higher turnover month-on-month.