Swiss and Spanish Exchange Volumes Surge in October

Trading turnover across the SIX Swiss Exchange and the Madrid stock exchange climbed significantly in October, driven by a 25 percent monthly surge in ETF activity in Switzerland and robust performance in Spanish structured products, pushing the combined cumulative turnover for the year to 1,570 billion Swiss francs.

Editorial·November 3, 2026·reads: 512

Swiss and Spanish Exchange Volumes Surge in October

The Swiss exchange saw its ETF segment outpace all other categories, recording an 18 percent year-on-year increase. Equity trading also maintained momentum, finishing 5.8 percent higher than the same period last year. This activity coincided with the SMI reaching a record closing high of 14,810.7 points, reflecting an 11.6 percent gain since January. In the primary market, cloud provider Infomaniak debuted with a market capitalization of 262 million francs, marking the fifth IPO on the Swiss main market this year.

Growth remained consistent at the BME in Madrid, where trading volume jumped 29.9 percent year-to-date to 554.5 billion euros. Structured products led the charge with a 47 percent year-on-year increase in October turnover, while equity trading rose 7.8 percent. Despite these gains, the IBEX 35 index pulled back 4.0 percent during the month to close at 18,653 points, though it holds a 7.8 percent gain for the year.