Key figures SIX Swiss Exchange and Scoach Switzerland: Year 2011
The trading volume on SIX Swiss Exchange and Scoach Switzerland totaled CHF 1,161.3 billion in 2011, representing a year-on-year drop of around 2.5%. By contrast, the number of trades increased by a significant 14.4% to 40,020,385. 15 new participants were admitted during the course of the year (previous year: nine), with 127 companies now trading on SIX Swiss Exchange and Scoach. What is more, SIX Swiss Exchange welcomed two newly listed companies and three new ETF issuers, and now has 16 issuers offering a total of 757 ETFs (+25.3%).
Growth continued unabated in the ETF segment, breaking the records from last year. Trading turnover increased by 42.2% and the number of trades rose by 41.2% to 983,229. In August and September, the threshold of 100,000 trades per month was exceeded for the first time ever.
The segment equities incl. funds, ETSFs and ETPs, can look back on higher trading volumes in 2011. Altogether, 37,112,904 trades were made, which is an increase of 14.7% compared with the previous year. On the other hand, trading turnover fell by 9.1% to CHF 831.9 billion. The strongest SMI stock in terms of turnover in 2011 was Nestlé R at CHF 106.4 billion, followed by Novartis R at CHF 93.3 billion and Roche NES at CHF 79.3 billion.
The bonds CHF segment also recorded strong growth. The total turnover here was CHF 173.2 billion - a rise of 7.8% in comparison with 2010. The number of trades increased by 9.2% to 504,594 over the same period. Altogether, 395 new bonds CHF were listed, equating to a year-on-year rise of 2.3%.
Scoach Switzerland set a new record by listing 52,415 new structured products and warrants in all. Trading turnover for 2011 was CHF 51.8 billion. Compared to the previous year, this represents an increase of 30.3% and the highest turnover since 2008. The number of trades decreased slightly to 1,380,213 (-1.1%). In October, Scoach became the first exchange in the world to offer the trading of structured products in the trading currency gold (XAU).
The leading equity indices tended lower over the past year: The blue chip index SMI® was at 5,936.23 points at the end of December (-7.8% compared to end 2010). The SLI Swiss Leader Index® stood at 876.7 points (-13.8%) and the broader based SPI® 5,343.5 points (-7.7%). In contrast, the key bond indexes performed more positively. Among others, the SBI® AAA-BBB Total Return notched up a gain over the year, up 4.8% to 120.3 points.
Christian Katz, CEO SIX Swiss Exchange: "We were able to increase volumes and turnover considerably in many segments in a difficult environment over the past year. We are also pleased that we were again able to welcome a number of new participants and issuers. This growth puts us clearly at the forefront in Europe. We view this as evidence of the appeal of our exchange and our successful endeavors to impress with an outstanding infrastructure and consistent focus on clients."
SIX Swiss Exchange
SIX Swiss Exchange is one of the world's leading and most technologically advanced securities exchanges. It provides customers with first-rate securities exchange services and brings together participants, issuers and investors in an efficient and transparent marketplace. In addition to the broad palette of products it offers, the SIX Swiss Exchange's integrated, fully automatic trading, clearing and settlement system is indeed convincing.
SIX Swiss Exchange is a subsidiary of SIX Group. On a worldwide scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.
Scoach Switzerland Ltd
Scoach, a joint venture between SIX Group and Deutsche Börse AG, is a leading exchange for structured financial products. Scoach operates trading platforms in Zurich for Swiss market participants, as well as in Frankfurt for investors in Germany and the EU member states.
On Scoach Switzerland Ltd, only those products are traded that have completed the regulated listing procedure of SIX Swiss Exchange and fulfill clearly defined requirements with regard to investor protection. Trading is subject to strict rules that ensure transparent and fair dealings for all market participants. This regulated market vouches for the equal treatment of issuers and investors alike.
Speed of execution, fairness, transparency, security and innovativeness are the criteria by which we measure our success.