ETPD Stream 2015
ETFs at SIX Swiss Exchange Lugano, 23 November 2015
European ETF asset growth is ongoing Source: ETFGI, industry insights, October 2015 3
Market Status ETF Segment 1 118 listed ETFs (1 106 passive / 12 active) (incl. 293 in add. trading currency) 176 new ETFs in 2015 162 new ETFs in 2014 8 trading currencies: CHF, EUR, USD, GBP, JPY, CAD, AUD, SGD 20 product providers 23 market makers Source: SIX Swiss Exchange 4
Another record year for ETF turnover? CHF bn. ETFs Turnover 2014: CHF 90.8 bn. (+0.1%) Turnover 2013: CHF 90.7 bn. (+19%) *Some fungible ETFs (same ISIN) are tradable in multiple currencies. They are accordingly counted more than ounce. As of 31 October 2015 Turnover on SIX Swiss Exchange in CHF bn Number* of ETFs on SIX Swiss Exchange 5
Highlights of 15 years ETFs on SIX Swiss Exchange Opening of ETF segment in Sept. 2000 First commodity -based ETF first currency hedged ETF 100 th ETF listed Over CHF 100 bn turnover First active ETF tradable on DSX 2000 2004 2007 2008 2010 2011 2014 2001 2005 2015 First ETF on the SMI First synthetically replicated ETF Multicurrency order books 6
SIX Structured Products Exchange Name Datum, Ort Lugano, 23 November 2015
Liquid Market for securitized Derivatives Exchanges Total Turnover YTD 15 (USD bn) Total Turnover 10/15 (USD m) Number of Products 10/15 Germany (Euwax, Börse Frankfurt Zertifikate) 36.5 3.1 1 552 731 SIX Structured Products Exchange AG 22.4 1.4 34 696 Euronext (Belgium, France, Netherlands) 13.1 1.1 58 498 Tel Aviv Stock Exchange 36.1 2.6 640 NASDAQ OMX Nordic Exchange 0.3 0.03 4 667 Hong Kong Exchange 589.4 61.5 7 345 Taiwan Stock Exchange Corp. 14.9 1.5 11 570 Korea Exchange 12.3 1.7 2 353 Singapore Exchange 2.1 0.2 192 Sources: world-exchanges.org 8
Great selection with more than 35 500 tradable products Investment Products: for different market expectations and risk profiles medium-term investment horizon Leverage Products: for hedging or risk-taking purposes chance of multiplying investments vs risk of total loss 9
Great choice of products Table: tradable products on Leverage Participation Yield Enhancement Capital Reference Total: SSP-X as per November 15 Protection Entity Bank J. Safra Sarasin 50 42 42 134 Bank Julius Bär 1 349 197 872 14 17 2 449 Bank Vontobel 11 513 249 2 140 33 356 14 291 Banque Cantonale Vaudoise 46 181 13 240 Barclays Bank 6 1 7 Basler Kantonalbank 5 5 BNP Paribas 366 24 390 Commerzbank 730 56 2 788 Credit Suisse 295 91 804 88 14 1 292 Deutsche Bank 16 10 2 28 EFG International 2 32 134 75 17 260 Goldman Sachs 8 21 1 6 36 HSBC Trinkaus & Burkhardt 68 3 71 JP Morgan 2 21 29 1 53 Leonteq Securities 35 297 1 433 205 34 2 004 Merrill Lynch 33 33 Morgan Stanley 4 4 3 11 Neue Helvetische Bank 1 12 13 Notenstein La Roche 8 101 1 067 61 54 1 291 Privatbank Royal Bank of Canada 5 28 33 Royal Bank of Scotland 703 164 19 886 Société Générale 1 17 42 4 64 UBS 5 990 431 736 184 7 341 UniCredit Bank 20 20 Zürcher Kantonalbank 2 671 173 855 66 6 3 771 Kategorientotal: 23 808 2 060 8 373 772 498 35 511 10
Number of tradable Instruments Number of tradable instruments offers constant opportunities to investors 45'000 40'000 35'000 30'000 25'000 20'000 15'000 10'000 5'000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2013 2014 2015 Number of Leverage Products Number of Investment Products 11
Turnover in Mio. CHF Equal activity in leverage and investments products 7'000 6'000 5'000 4'000 3'000 2'000 1'000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2013 2014 2015 Leverage Products Capital Protection Products Participation Products Yield Enhancement Products Reference Entity Products 12
Most traded products in different categories 01.01.-31.10.15 Product Number of trades Turnover YTD Tracker Certificate 43'679 10 410 404 658 Warrant 336'795 4'735'682'641 Barrier Reverse Convertible 55'214 2'511'356'657 Mini-Future 110'416 1'956'284'146 Warrant with Knock-Out 107'936 1'873'891'404 Constant Leverage Certificate 62'060 582'062'787 Capital Protection Certificate with Coup. 6 888 522'131'379 Reference Entity Certificate with Conditional Capital Protection 5 328 285'215'335 Discount Certificate 3 173 256'627'164 Bonus Certificate 4 257 209'225'096 13
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