The SIX Swiss ExchangeThe SIX Swiss Exchange is Switzerland's main stock exchange.... More is Switzerland’s main stock exchange. It is located in Zurich and is one of the world’s 20 most important .
The main asset classes on the SIX Swiss are Swiss government , and derivatives.
The SIX Swiss, previously called the SWX Swiss Exchange, was the first stock exchange globally to offer fully automated tradingAutomated trading is where trading decisions are conducted b... More, clearing and settlement, which began in 1995.
Trading hours are 0900 to 1730 hrs CET Monday to Friday.
Indices
The main index at the SIX Swiss is the SMI (Swiss MarketWhat are value stocks? A value company is a company that app... More Index), which lists the 20 biggest and most large and mid-cap blue-chip stocks according to their market capitalisation.
The other indices run by SIX Swiss include:
Swiss Performance Index (SPI), which lists selected companies from the Swiss All Share Index and some primary listed foreign sharesWhat are value stocks? A value company is a company that app... More.
Special Industry Index (SXI), which chiefly lists real estateWhat is real estate? The term real estate describes proper... More funds and stocks, pharmaceuticals and bio-med tech stocks.
Swiss BondsBonds are debt instruments, which means they are a way of b... More (SBI), which covers Swiss bonds.
Other services
Structure
The SIX Swiss exchange is controlled by a consortium of 55 banks, each of which has equal voting rights regarding the management and regulation of the exchange.
The exchange co-owns Eurex, the world’s largest and derivatives exchange with its partner . The German exchange proposed a merger in July 2004 with SIX Swiss, which the exchange rejected. However, the two exchanges jointly created the Scorch derivatives trading platform in 2007.
