SIX Swiss Exchange has recorded a year-on-year increase in value traded of 22.6% across all securities to CHF 1,177.5 billion during the first 10 months of the year, while its average turnover hit CHF 5.6 billion per day. The exchange also recorded an 18.3% increase in trades conducted in exchange-traded funds (ETFs) as well as a 10.7% increase in structured products and warrants segments.
London-based Bats Chi-X Europe announced a record pan-European market share of 26% exceeding the previous record of 25.9% set in November 2011. The equities exchange has continued to expand its market share in several European markets including an average share of trading in British stocks up to 29.9% from 23.5% year-on-year.
In addition, continental European exchange operator Euronext has announced a 5.3% increase in Derivatives trading amounting to €11.9 million as well as a 21.5% increase in trading of commodities products due in part to an early European heat wave in early July, producing increased volatility.
“This has been an unprecedented quarter for Euronext buoyed by successive rounds of market volatility throughout the period, combined with a renewed vigor in the IPO market. Performance in the group has been strong across all our businesses, testament to the value of our strategy and its focused execution,” said Jos Dijsselhof, interim CEO and COO of Euronext.
“Accordingly, we have achieved our mid-term objectives a year ahead of schedule.