SIX Swiss Exchange allows its broadly diversified customer base to trade more than 500 international blue chip equities.
Today, SIX Swiss Exchange launches Sponsored Foreign Shares, a trading segment for international equities. From the outset, investors can choose among 536 blue chips from 27 different countries which they can trade directly on the Swiss exchange, in Swiss franc and during Swiss trading hours.
The whole world on one exchange
The securities are primary-listed on 19 recognized foreign stock exchanges, such as New York, Tokyo, London and Frankfurt. The securities admitted to trading include some of the most highly capitalized companies in the world, such as Apple, Exxon Mobil and Google. Also available are companies that had some of the most noticeable IPOs of the recent years, such as Facebook, Twitter and Alibaba.
"The Sponsored Foreign Shares trading segment is part of our "Over the Exchange" initiative, with which we are offering our customer base attractive new stock exchange services", Christian Katz, CEO SIX Swiss Exchange, commented.
Liquidity and security
Sponsored Foreign Shares are a market making segment, such as ETFs or Sponsored Funds. For every security, at least one market maker - the sponsor - provides binding buy and sell prices continuously during trading hours. Investors can therefore respond to market developments flexibly and in real time. Furthermore, the market control unit ofSIX Swiss Exchange ensures that the sponsors comply with the market making obligations and that investors are protected.
The first sponsors are ICF BANK AG Wertpapierhandelsbank and Renell Wertpapierhandelsbank AG. Further information about the advantages of the new segment, the sponsors as well as the traded securities is available on our website.