Trading Turnover on SIX Swiss Exchange Hits CHF 122.1 Billion in January

With a trading turnover of CHF 122.1 Billion in January 2022, the SIX Swiss Exchange witnessed a month-on-month spike of approximately 23.2%. Additionally, the exchange saw a sharp increase in the total number of trades during the last month as the figure reached 5,825,052, which is up by 27.3% MoM.

Last month, the highest number of trades was recorded on 24 January, with trades within a single day reaching 392,371. For SIX, the stock of NESTLE N generated the highest turnover as the figure touched CHF 10.6 billion. With over 334,000 transactions, the stock of NESTLE N remained the most traded stock on SIX during the reported month.

Crypto-related products generated a trading turnover of CHF 493.3 million in January 2022. In terms of activity, the highest crypto-related turnover and the most transactions were recorded by AETH, an ETP on Ethereum, with CHF 81.8 million and 3,136 trades.

“The highest turnover on a single trading day was recorded on 5 January, which saw securities worth a total volume of CHF 8.5 billion changing hands. In January, products with cryptocurrencies as underlying reached a trading turnover of CHF 493.3 million. In total, 189 products were traded, and 26,591 transactions concluded,” SIX highlighted.

Trading Turnover

SIX has seen a consistent increase in its total trading turnover over the past 12 months. With the introduction of innovative products, the exchange has attracted several leading issuers of financial trading products since the start of 2021. In January 2022, SIX experienced a jump in demand for a wide range of products, including Bonds, ETFs, Structured Products & Warrants. However, in comparison to the same period last year, trading turnover in some of the products, including Structured Products & Warrants and Bonds Non-CHF decreased slightly.

In September 2021, SIX Digital Exchange received regulatory approval from FINMA.