Swiss Investors to Trade the World Through SIX Exchange’s New Global Product Range

Monday, 03/11/2014 | 21:03 GMT by Adil Siddiqui
  • SIX Swiss Exchange creates one-stop-shop for domestic investors looking for exposure in international markets, the venue will open up a new set of 500-plus foreign equities, priced in Swiss Francs.
Swiss Investors to Trade the World Through SIX Exchange’s New Global Product Range

Swiss investors trading on the country's main financial trading venue will benefit from a new offering that provides access to international financial instruments. The SIX Swiss Exchange will enable users to trade foreign markets in their domestic currency. The move is similar to offerings at global venues such as the CME, thus signifying the importance of diversified investment opportunities.

The exchange reported that it has launched a new offering called Sponsored Foreign Shares, a trading segment that caters to the needs of investors who want to transact in international markets. The exchange noted that the product has been devised as such, so that from the outset investors can choose from among 536 blue chips from 27 different countries which they can trade directly on the Swiss exchange, in Swiss francs and during Swiss trading hours.

"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, pictured, CEO of SIX Swiss Exchange, commented in a statement.

The new products enable domestic investors to access the world's largest exchanges through their single brokerage account, the listed instruments being 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 in recent years, such as Facebook, Twitter and Alibaba.

1406030564979

The products remove foreign exchange risk investors would usually be exposed to when purchasing overseas financial trading products. The products are regulated under the exchange’s normal practises, the exchange stating that the Sponsored Foreign Shares are a market-making segment, such as ETFs or Sponsored Funds.

For everyone's 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.

Swiss investors trading on the country's main financial trading venue will benefit from a new offering that provides access to international financial instruments. The SIX Swiss Exchange will enable users to trade foreign markets in their domestic currency. The move is similar to offerings at global venues such as the CME, thus signifying the importance of diversified investment opportunities.

The exchange reported that it has launched a new offering called Sponsored Foreign Shares, a trading segment that caters to the needs of investors who want to transact in international markets. The exchange noted that the product has been devised as such, so that from the outset investors can choose from among 536 blue chips from 27 different countries which they can trade directly on the Swiss exchange, in Swiss francs and during Swiss trading hours.

"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, pictured, CEO of SIX Swiss Exchange, commented in a statement.

The new products enable domestic investors to access the world's largest exchanges through their single brokerage account, the listed instruments being 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 in recent years, such as Facebook, Twitter and Alibaba.

1406030564979

The products remove foreign exchange risk investors would usually be exposed to when purchasing overseas financial trading products. The products are regulated under the exchange’s normal practises, the exchange stating that the Sponsored Foreign Shares are a market-making segment, such as ETFs or Sponsored Funds.

For everyone's 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.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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