SIX Swiss Exchange and BME Exchange concluded a successful year of robust trading activity and product listings, following continued growth throughout December.

SIX Swiss Exchange reported equities trading turnover of CHF 791.9 billion, with 44.6 million transactions executed, demonstrating resilience despite a slight decrease compared to CHF 802.5 billion and 43.5 million transactions in 2023. The Swiss blue chip index SMI® closed the year at 11,600.9 points, marking a 4.2% increase. The bond market also delivered solid results, with CHF 104 billion raised in 2024, the third consecutive year of issuances exceeding CHF 100 billion.

BME Exchange also concluded 2024 on a positive note. The Spanish equity market achieved a 6% increase in trading volume, totalling EUR 318 billion. The IBEX35® rose by 14.8%, with a total return of 20% when including dividends distributed during the year. Derivatives trading surged, with IBEX 35 Options volume up 45.7% and a 27.9% rise in Energy derivatives trading.  The fixed income market executed 22,160 trades, while the AIAF market facilitated EUR 360 billion in new issuances.

Product and service range expanded significantly on both exchanges. SIX Swiss Exchange welcomed six new issuers across ETFs, ETPs, and investment funds, underscoring the growth in product innovation. The number of ETFs available to investors reached 1,885, with 254 launching last year. Newly listed structured products achieved a record high of 110,792, breaking the previous record of 102,504 in 2023. Over the course of 2024, the number of underlyings for crypto products available on the Swiss stock exchange has risen to 54, the largest selection of all regulated exchanges.

SIX hosted Europe’s two largest IPOs last year (and two of the five largest worldwide) with Galderma on the Swiss market and Puig in Spain. Sunrise also joined the Swiss main market while Inmocemento and Cox listed on the BME main market. BME Growth – the Spanish growth market – raised EUR 573.5 million for the 23 companies that listed in 2024. Companies already listed on the Swiss stock exchange raised CHF 2.3 billion via equity capital increases.  Growth in key metrics including trading activity, listings, and capital-raising efforts across both markets – highlights the strength of SIX’s pan-European reach and reinforces the group as a leader in European financial market infrastructure.

Likewise, BME’s MARF market added 14 new issuers and supported EUR 16.6 billion in financing, which included 18 new green, social or sustainable bond issues. BME also expanded its offering in December with the launch of SpainAtMid, a new non-pre-transparency order book (dark pool) that provides an additional source of liquidity for Spanish equities. The new venue reflects SIX’s continued commitment in meeting the needs of European investors.

André Buck, Head of Debt Capital Markets, Exchanges, at SIX, commented: “December concluded a strong year of activity across our products and asset classes. Our consistent performance and record growth throughout 2024 underscores our resilience and commitment to driving innovation and delivering value for our clients.”

Source: SIX