The Swiss stock exchange SIX Swiss Exchange achieved a total turnover of 1,186.6 billion francs over the past year. While the volume from stock trading fell by 1.3% to 791.9 billion, that of bond securities jumped 75.7% to 301.6 billion and that of index funds (ETFs) increased by 31% to 84.1 billion, according to a press release from SIX published on Friday.
The number of transactions also increased by a total of 4% to 47.95 million transactions, with a surge in ETF trading (+44.1%), a modest rise in equities (+2.5%) and a decline in fixed income securities (-7.8%).
As for the Spanish Stock Exchange BME Exchange, its total volume fell in 2024 by 12.9% to 423.2 billion euros, due to a sharp drop of 43.5% in the volume of bond securities and ETF (-23.6%). The volume recorded with stock trading, on the other hand, increased 6% to 318 billion.
Transactions on the Madrid market, however, took off, increasing in total by 4.8% to nearly 30 million operations. While stock trading accelerated (+5%), that of fixed income (-30%) and ETFs (-26.3%) declined sharply.
In total, the two stock exchanges achieved revenues up 5.6% to 1,582.7 billion francs and transactions up 4.3% to 77.9 million.
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