SIX Reports 14.1% Decline in Trading Turnover During October 2021

The Switzerland Stock Exchange (SIX) has released its trading numbers on Monday for October 2021. The exchange reported a drop in the trading turnover for the last month as the number reached CHF 92.6 billion, which is down by 14.1% compared to September 2021.

Additionally, the total number of transactions dipped during the last month. According to the report, the total number of transactions reached 4,853,176, which is a drop of 6.2% compared to the previous month.

The exchange's highest turnover on a single trading day was recorded on 29 October, which saw securities worth a total volume of CHF 5.6 billion changing hands. The highest number of trades was recorded on 1 October, with 277,862.

In October, products with crypto currencies as underlyings reached a trading turnover of CHF 803.8 million. In total, 115 products were traded and 34,651 transactions concluded.

Last month, SIX has announced the launch of “SIX Tax on Instrument” service​ to provide client advisors and portfolio managers in the Wealth Advisory industry with tax classifications on individual securities.