B1G Numbers 2024: Key Figures from SIX Swiss Exchange

In 2024, SIX Swiss Exchange saw higher trading activity than in the previous year: a trading turnover of CHF 1,186,590 million represents an increase of 13.4% , while 47,946,396 transactions are 4.0% more than in 2023. Strong growth was recorded in the structured products segment, with turnover increasing by 12.8% to CHF 9 bn and transactions by 14.8%. Even stronger growth was recorded in the ETF segment, with turnover up 31% to over CHF 84 bn and transactions increasing by 44% to 2.5 mn.  Discover in the B1G Numbers video further below how Quote on Demand (QOD) has contributed to this success. Detailed figures for each segment are available in our Media Release.

SIX Swiss Exchange is a listing destination of choice for a number of Europe’s leading companies, and provides a gateway to global financial markets and access to a deep pool of Swiss and international investors. With regards to capital raising, 2024 was a very strong year. Two companies chose to issue and list equity securities on SIX Swiss Exchange: Galderma with a market capitalization of CHF 14.5 bn and Sunrise with CHF 3.2 bn.

Galderma’s placement volume was around CHF 2.3 billion (including over-allotment option) which represents the largest IPO placement in Switzerland since 2017. Equally important is the fact that companies that are already listed made active use of the Swiss capital market and were able to raise around CHF 2.3 billion via equity capital increases in the past year.  A further CHF 104 bn were raised in bonds, exceeding the CHF 100 bn threshold for the third year in a row – a strong sign for the Swiss financial center. With 453, there were also more new listings in the bond segment than in the previous year (436).

The Swiss blue chip index SMI gained 4.2% last year – slightly up compared to 2023,  when it progressed by 3.8% – to close at 11,600.9 points. The interim high of 12,484 points was reached on August 30. Both the SPI and SLI outperformed the SMI, gaining 6.2% and 7.9% respectively, while the SXI Life Sciences sector index gained the most in 2024 with 13.7%. 

In 2024, 254 new ETFs were listed on SIX Swiss Exchange. As a result, the number of ETFs available to investors reached 1,885, surpassing the previous year’s record. The  product range also grew by 41 new ETPs. As at the end of 2024, investors can choose from 205 ETPs. For the second time in a row, the number of newly listed structured products in a year passed the 100,000 threshold, reaching the new record of 110,792, while 60,000 were tradable at year end. 

Overall, seven new product issuers joined the Swiss stock exchange: the ETF issuers abrdn Investments and Robeco, the ETP issuers Issuance.Swiss, UBS, HANetf and DWS Xtrackers, as well as the investment fund issuer Helvetia Asset Management.

At the SRP Awards 2024 in London, SIX Swiss Exchange was distinguished as ‘Best Structured Products and Derivatives Exchange’ across Europe and the UK. After its three-year winning streak from 2020 to 2022, this return to the top spot marks the fourth win of SIX Swiss Exchange in the last five years, emphasizing its continued excellence and innovation capacity to drive the industry forward. Discover more

In 2024 SIX Swiss Exchange continued to offer new services for its wide variety of market participants while also entering new partnerships. In June, SIX Swiss Exchange introduced Quote on Demand (QOD) for CHF Bonds, extending the range of RFQ services. QOD was first introduced for ETFs and ETPs, developed in close cooperation with market makers and leading trading participants for these segments, in December 2020. Today, QOD on SIX Swiss Exchange has become the largest on-exchange RFQ service in Europe and a driver of trading turnover and transaction volumes. Quote on Demand Bonds was introduced as part of the SWXess Maintenance Release 13 (SMR13). Discover more

In July, SIX Swiss Exchange announced the launch of the Independent Valuation Service for Structured Products, available through CONNEXOR. The Independent Valuation Service was co-created with Avaloq based on a strategic partnership. The initiative addresses international financial markets’ need for end-of-day product valuations from an independent source. This facilitates client reporting, risk management, and continuous benchmarking. Discover more

Furthermore, contributing to the successul launch of SpainAtMid, SIX Swiss Exchange shared its extensive experience in non-displayed trading with BME Exchange. SpainAtMid is a new pool of non-displayed liquidity modelled after SwissAtMid, which had been introduced in 2016 and fundamentally reshaped the trading landscape for Swiss Equities, already delivering over CHF 144 million in price benefits to market participants. 

SIX Swiss Exchange was the first primary exchange in Europe to introduce a non-displayed pool on the same matching engine as its central limit order book. This has underpinned the introduction of innovative “Sweep” and “Plus” orders, which offer participants unprecedented flexibility and efficiency. By emulating this successful setup on BME Exchange, clients benefit from the ongoing integration and knowledge exchange between the two home markets of SIX, Switzerland and Spain. Discover more

The B1G Numbers videos provide transparency for the the market and wider public. This includes the development of trading volumes, the number of trades and the performance our blue chip index SMI, among other highlights. The B1G Numbers are presented by André Buck, Global Head Sales & Relationship Management. Discover previous editions

The website of SIX Swiss Exchange provides you with full access to our complete information offering. We provide you with the latest market data and comprehensive statistics for our entire securities universe. This includes order book information, prices, volumes and turnover figures as well as historical data and statistics.

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