Swissquote Becomes a Structured Product Issuer on SIX

The Swiss stock exchange, SIX announced that Swissquote has become one of the structured product issuers on its platform. The Swiss banking and trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term has listed its first structured product on the exchange on Friday, becoming the 23rd such issuer.

“We are pleased to welcome Swissquote, a long-standing exchange participant and innovative provider of trading services, now also as an issuer of structured products on our exchange. Swissquote's products offer investors a further investment and diversification opportunity and enrich the exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term's offering,” said Christian Reuss, Head SIX Swiss Exchange.

Last week, Swissquote partnered with Swiss financial technology company, Leonteq for the issuance of structured products. The first structured product of the company is a Callable Multi Barrier Reverse Convertible on Logitech and Temenos Group with a yearly interest of 13 percent.

In-Demand Products

Meanwhile, the demand for such structured products is increasing on the Swiss stock exchange. In 2021 alone, the trading turnover with structured and warrant instruments touched CHF 20.1 billion with 778,030 executed trades.

Additionally, SIX pointed out that these instruments are highly transparent, and the exchange now offers 41,269 such products to investors.
Swissquote, which is a trending platform and registered as an online bank in Switzerland, is expanding its services aggressively, both with new products and expanding into new markets.

Earlier, it confirmed its expansion plan and acquired Keytrade Bank Luxembourg. Further, demand for its services skyrocketed as it closed 2021 with a 111 percent increase in profits.

Peter Rosenstreich, the Head of Investment Products at Swissquote, commented: “Swissquote’s goal to become an issuer for structured products highlights our commitment to innovation and continuous evolution. Listing our products at SIX Swiss Exchange will be the key catalyst for the further development of our retail and institutional client-centric offerings.”