OREANDA-NEWS. Trading turnover on SIX Swiss Exchange and SIX Structured Products Exchange Ltd increased by 9.7% month-on-month in April 2016 to CHF 127.0 billion. However, the number of trades declined by 12.0% compared to March to 3'709'919. Looking at the trend since the start of the year, a total of 17'661'640 transactions have been conducted on SIX Swiss Exchange and SIX Structured Products Exchange Ltd This represents a 3.5% decline year-on-year, largely due to the record-high transaction volumes in January 2015. The same effect was apparent in trading turnover, which came in down 10.6% year-on-year at CHF 477.9 billion.

SIX Swiss Exchange was able to record the largest IPO in Europe since the start of the year on 14 April with the listing of VAT Group AG. The opening price was CHF 52.00, corresponding to a placement volume of CHF 624 million and total market capitalization of CHF 1.56 billion. On April 15 trading commenced on XBTR, the bilateral trading platform for structured products from SIX Swiss Exchange. The two parties to the trade, Leonteq and Credit Suisse, became the first participants to also profit in OTC trading of structured products from the benefits of the infrastructure of SIX.

Detailed figures are available in the statistical monthly report[pdf]. An overview of order book quality at SIX Swiss Exchange is reflected in the Equity Liquidity Matrix (ELM), while our tool Intraday Activity allows a monitoring of daily trading turnover on SIX Swiss Exchange. Furthermore, our website provides daily figures for volume and turnover.