Swiss Stock Exchange

Swiss stock exchange - when was it established, and what is its role

SIX Swiss Exchange is the leading stock exchange in Switzerland. It is headquartered in Zurich. It was founded in 1993 by the merger of the Geneva Stock Exchange, the Basel Stock Exchange and the Zurich Stock Exchange. Today, the Swiss Stock Exchange is one of the 20 significant exchanges globally that trades Swiss government bonds, equities, sponsored foreign stocks, ETFs, ETPs and structured products, and derivative products such as stock options. The exchange uses the X-stream INET trading platform to operate. Trading on it takes place primarily in the Swiss franc (CHF). SIX Swiss Exchange operates on weekdays from Monday to Friday from 9:00 am to 5:30 pm.

Swiss stock exchange – main advantages

Switzerland is one of the pioneers of innovation in Europe. Moreover, the country is seen as politically and economically stable. As a result, Swiss SIX Exchange provides liquidity in trading, fast and flexible connectivity options, good trading conditions, access to expertise, and an efficient and fast process for issuing shares. Several significant indices can be found on the SIX Swiss Stock Exchange. The best known is the SMI, or Swiss Market Index. It consists of 20 companies that enjoy considerable liquidity. SPI, or Swiss Performance Index, contains more than 200 companies, and SLI, or Swiss Leaders Index, is a limited index of 30 most prominent companies.