
Organisation
The SWX Swiss Exchange is part of the Cash Market Division of Swiss Financial Market Services. That division
also encompasses the London-based international securities exchange SWX Europe (formerly virt-x) as well as
the financial market data vendor EXFEED. The SWX Swiss Exchange is also engaged in very successful joint ventures
with Europe's leading index provider, Stoxx, as well as Swiss Fund Data.
The SWX Swiss Exchange operates several trading platforms and is the marketplace for various types of securities
such as domestic shares, CHF-denominated bonds, multicurrency international bonds, non-standardised derivatives,
ETFs, ETSFs and Swiss-franc repurchase agreements (repos). Since August 1996, trading on SWX has been conducted
solely on an electronic basis.
Moreover, die SWX Swiss Exchange performs regulatory tasks in Switzerland: within the scope of self-regulation
as prescribed by law, it determines the requirements for listing and maintaining the listing of securities on the
SWX Swiss Exchange. SWX is subject to Swiss law (the Federal Act on Stock Exchanges and Securities Trading, SESTA)
and is supervised by the Swiss Federal Banking Commission (SFBC).
|