SWX Swiss Exchange information and trivia

SWX Swiss Exchange

Switzerland's biggest stock exchange

.SWX Swiss Exchange

SWX Swiss Exchange is Switzerland's biggest stock exchange, based in Zürich. The exchange also trades other securities (Swiss government bonds and derivatives such as stock options).

The main stock market index for SWX Swiss Exchange is SMI, (the Swiss Market Index). The index comprises of the 30 most significant equity-securities based on the free float market capitalisation.

Companies, and their weight, in the index are currently: SMI Basket
The exchnage was formed in 1999 from a replacement of floor trading systems at Geneva (est.1850), Basle (est.1876) and Zürich (es.1873) stock exchanges.
World's first fully automated trading, clearing and settlement system (est.1995)

The Swiss cash market for securities is organised by SWX and supervised by the Swiss Federal Banking Commission (FBC). With the exception of shares included in the SMI® index, all other SWX-listed securities - as well as foreign companies with secondary listings on SWX - are traded in this market. Day to day dealings on SWX, in keeping with the principle of self-regulation, are supervised by the Surveillance & Enforcement department (SVE) of SWX

The SWX is subject to Swiss law. The Federal Act on Stock Exchanges and Securities Trading (SESTA) prescribes the concept of self-regulation, which obligates the SWX to meet international standards in its regulatory activities. The SWX itself is supervised by the Swiss Federal Banking Commission (SFBC).

The market data emanating from the SWX Swiss Exchange and virt-x are marketed by SWX and EXFEED as standardised or individually tailored information products.

The SWX Swiss Exchange organises, operates and regulates the main aspects of Switzerland's capital market. The commercial activities of the SWX encompass the following business fields: cash market operations, information products, the development and operation of fully electronic trading platforms, and the admission of securities to trading on the Exchange.

The SWX is one of the world's most technologically advanced securities exchanges. Firmly rooted in Switzerland's strong financial centre, the SWX resolutely pursues a strategy focused on internationality. The shares traded on SWX are mainly held in the Swiss based accounts of domestic and international investors.

Other products traded on the SWX Platform are bonds (CHF-denominated bonds as well as international bonds), traditional investments, Exchange Traded Funds (ETFs, known as exchange-traded index funds) and non-standardised derivatives. In terms of turnover, the SWX Swiss Exchange operates Europe's largest market segment for listed and exchange-traded warrants. The warrants market on the SWX is distinguished by its wide range of products and favourable listing conditions, not to mention its ability to respond quickly and flexibly to new investor needs.

The SWX Swiss Exchange performs another key function by maintaining the regulatory framework for securities issuance and trading, as well as monitoring and enforcing compliance with these regulations. The SWX, whose legal form is that of an association, represents the interests of Switzerland's financial marketplace while defending the interests of all market participants.

In 2004 Frankfurt's stock exchange Deutsche Boerse has had its hopes for expansion dashed after Zurich's SWX rejected an invitation to merger talks.
Deutsche Boerse approached its Swiss counterpart in July, hoping for "deeper co-operation," which raised hopes that the two could be about to be joined.

The other Swiss exchange is Bern eXchange (BX) the stock exchangeThe SWX website

http://www.swx.com/ The website is in English, French and Germand and gives basic information on the mission of the exchange.and opening and closing, so you can watch the clock tick tock.

address

SWX Swiss Exchange
Selnaustrasse 30
CH-8021 Zürich - Schweiz
www.swx.com

of Bern. It is the only other stock exchange in Switzerland.

BX was founded in 1888 as the Berne Bank Association and formalised in 1884 as the Berne Bourse Association (Berner Börsenverein, BBV) by all nine Bernese banks and fourteen private enterprises. It saw a relatively small volume of trading up until World War I. In 2002, BX introduced a fully electronic trading platform with an open, extensible application programming interface (API).

Trivia

Geneva is the second most populous city in Switzerland, situated where Lake Geneva (French Lac Léman) flows into the Rhône River. It is the capital of the Canton of Geneva. The population within the city limits is 185,526 (2004) and that of the metropolitan area — which extends into France and Vaud — is about 700,000. Geneva is widely regarded as a global city, mainly due to the presence of numerous international organisations, including the European headquarters of the United Nations

Geneva was the name of a settlement of the Celtic people of the Allobroges. The name of Genava (or Genua) in Latin appeared for the first time in the writings of Julius Caesar in De Bello Gallico, his comments on the Gallic Wars.

In 2005 German stock exchange Deutsche Boerse named Reto Francioni as its new chief executive.
Mr Francioni, was formerly the chairman of the Swiss stock exchange SWX.

Names in each nation for Geneva

Geneve = Danish

Genève = France

Genevo = Espernato

Ginevra (città) = Italy

Ginebra (ciudad) = Spain

A website in germany is creating a "sock" exchange where one can disscuss soccer.

Links on websites on subject

http://www.ise.ie/index.asp The home page of Irish stock exchange

http://www.nasdaq.com/ The homepage of the stock exchange

http://www.cityequities.com/
http://www.moneyweek.com

government_bond information