The turnover of products traded on SIX Swiss Exchange and SIX Structured Products Exchange increased by 0.9% in July compared with June and is up by 7.7% year on year to CHF665bn (€548bn), according to the SIX Swiss Exchange and SIX Structured Products Exchange’s monthly figures.

SIX also reported that the number of trades increased by 13.1% to 3,350,134, an increase of 7.4% compared with the same period last year.

SRP’s own figures, which only include non-flow products, show that issuance in the Swiss market increased by 3.3% in July compared with June.

According to the SIX report, the structured products and warrants segment posted a turnover of CHF2.0bn (€1.6bn), an increase of 16.1% on the previous month. The number of transactions in the structured products and warrants segment increased by 17.4% to 63,047 compared with last month.

The Swiss exchange also reported 4,058 new structured products, an increase of 93.2% on the month before. Year to date, said the Swiss exchange, 23,368 new structured products have been issued.

Trading
Equities, which includes funds, exchange-traded funds (ETFs) and exchange-traded products (ETPs), saw an increase in trading turnover to CHF65.9bn (€54bn), which equates to an increase of 4.1% compared with June.

The movement in trading in ETFs has sent mixed signals, with the trading turnover in this segment decreasing by 0.1% to CHF6.7bn (€5.5bn) and the volume of trades increasing by 17.4% to 63,047.

The trading turnover in the CHF bonds segment increased by 21.2% to CHF13.7bn (€11.2bn). Thirty-seven new CHF bond issues were admitted to trading in July, a decrease of 2.6% compared with last month.

The Swiss exchange also reported that domestic equity indices decreased in July: the blue -chip SMI index decreased to 8,410.1 points at the end of July (-1.7% versus June); the SLI Swiss Leader Index stood at 1,273.9 points (-2.0%); and the broader-based SPI at 8,329.7 points (-1.5%); while the SBI AAA-BBB Total Return index was stable at 128.6 (+0.4%).

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