SIX Swiss Exchange Adds Market Wizards as New Participant

SIX Swiss Exchange has announced that Market Wizards has started trading on the highly liquid and efficient marketplace for Swiss and international securities, making it the first new trading participant of 2017.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

Market Wizards is an Amsterdam-based trading company, founded in 1999, which today operates two dealing rooms in the Netherlands. The company engages in day trading, market making, high-frequency trading and electronic Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term.

André Buck, Head of Sales at Six Swiss, commented: "SIX Swiss Exchange offers outstanding Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term across a wide range of attractive trading segments as well as the most cutting-edge trading technology. Market Wizards is now benefiting from these advantages. We wish them successful trading.”

With the inclusion of its latest participant, the Swiss stock exchange counts over 100 trading participants after welcoming Credit Suisse (Switzerland) at the end of November, as reported by Finance Magnates.

Background

SIX Swiss Exchange offers the best order book quality in the world for Swiss securities. As the reference market for over 40,000 securities and the home market for some of Europe's most important blue chip stocks, trading participants benefit from outstanding liquidity as well as being able to trade with one of the world's most advanced and fastest trading technologies.