Swissquote On-Boards Vontobel to its OTC Trading Platform, Swiss DOTS

Swissquote is extending product range on its over-the-counter (OTC) 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, Swiss DOTS, enlisting Vontobel Investment Banking as its fifth issuer. The new addition complements the existing offering from Commerzbank and Deutsche Bank as well as joining UBS and Goldman Sachs – the platform’s first two partners with Swissquote.

Swiss DOTS platform was launched back in May 2012 – it offers users access to a broad range of Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term products with various underlying products, including international and Swiss equities, currency pairs, indexes or even precious metals.

The original platform launch was made in cooperation with UBS and Goldman Sachs, however, the decision to bring in Vontobel as a fifth issuer will effectively add about 10,000 leveraged products. On the Swiss DOTS, short for Swiss Derivatives OTC Trading System, traders will find Vontobel’s warrants and mini futures, on various underlyings such as international and Swiss equities, currency pairs, indices and precious metals. The products on Swiss DOTS are always settled in cash and thus no underlying assets are delivered.

Vontobel Financial Products is one of the leading issuers of derivatives and structured products in Switzerland and Europe.

Overall, Swiss DOTS is designed to promote derivatives trading in Switzerland, though the platform has evolved into a robust offering since its inception. Swiss DOTS already enables Swissquote clients and PostFinance e-trading clients to trade more than 60,000 leveraged products over the counter. On average, approximately 16,000 transactions are performed via the platform each month.

Marc Borki, CEO of Swissquote Bank, commented: "We are delighted to welcome Vontobel — one of the leading issuers of leveraged products in Switzerland — to our efficient trading platform. As a result, clients will benefit from an even more complete range. For Swissquote, this partnership is an outstanding opportunity to continue to pursue its growth strategy in the derivatives sector."