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SIX Swiss Exchange AI simulator
(@SIX Swiss Exchange_simulator)
Hub AI
SIX Swiss Exchange AI simulator
(@SIX Swiss Exchange_simulator)
SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as stock options.
SIX Swiss Exchange is completely owned by SIX Group, an unlisted public limited company itself owned by around 120 national and foreign financial institutions.[non-primary source needed]
The exchange in its current state was founded in 1993 by merging the Geneva Stock Exchange, the Basel Stock Exchange and the Zürich stock exchange into the Verein Schweizerische Effektenbörse (German for "Swiss Securities Exchanges Association"), publicly known in English as Swiss Exchange. The newly created association took over trading in 1995. It was the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system.
The association was renamed SWX Swiss Exchange in 1999. In 2002, the association was changed to a public limited company called SWX Swiss Exchange AG. In July 2004, it rejected a merger proposal from Deutsche Börse, which analysts viewed as potentially beneficial for small companies listed on SWX Swiss Exchange. In 2008, SWX Swiss Exchange merged with SIS Group and Telekurs into the new SIX Group, and was renamed as SIX Swiss Exchange, which is still its name as of 2025[update].
SIX Swiss Exchange maintains several major indices. The most known index is the SMI, or Swiss Market Index, which consists of the 20 largest and most liquid companies of the SPI. The SPI, or Swiss Performance Index, contains more than 200 companies listed on the exchange that meet requirements. The SLI, or Swiss Leader Index, is a capped index with some of the largest 30 companies. The SBI, or Swiss Bond Index, tracks obligations emitted in Swiss francs. The market capitalization of all companies listed at SIX Swiss Exchange amounted in 2018 to 1.6 trillion Swiss francs, making it one of the top exchanges in the world by capitalization.
On 23 August 2023, the company formed EuroCTP as a joint venture with 13 other bourses, in an effort to provide a consolidated tape for the European Union, as part of the Capital Markets Union proposed by the European Commission.
The first exchanges in Switzerland were created locally in major Swiss cities throughout Switzerland, with the authorization of the Cantonal authorities. Geneva paved the way in the year 1850, when the Société des agents de change réunis (English: United Brokers Association) was founded. Its trading floor was opened in 1855 and approved by the Grand Council of Geneva in 1856. The Basler Börse followed in 1866 or 1876 (sources disagree) in Basel, as well as another one in Zürich in 1873. The Berne exchange, which still exists today, was founded in 1884. Smaller exchanges were also created in Lausanne in 1873, in St. Gallen in 1887 and in Neuchâtel in 1905. The exchanges were subject by the Cantons to a value added tax.
During the First World War, all Swiss exchanges were closed, with the exception of bond trading in the Geneva exchange. The depression of 1920–21 was followed by a bull market in the 1920s, during which a new exchange building (alte Börse, German for "old exchange") was constructed in Zürich at Bleicherweg 5, near Paradeplatz. The building is still standing, but no longer used as an exchange.
SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as stock options.
SIX Swiss Exchange is completely owned by SIX Group, an unlisted public limited company itself owned by around 120 national and foreign financial institutions.[non-primary source needed]
The exchange in its current state was founded in 1993 by merging the Geneva Stock Exchange, the Basel Stock Exchange and the Zürich stock exchange into the Verein Schweizerische Effektenbörse (German for "Swiss Securities Exchanges Association"), publicly known in English as Swiss Exchange. The newly created association took over trading in 1995. It was the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system.
The association was renamed SWX Swiss Exchange in 1999. In 2002, the association was changed to a public limited company called SWX Swiss Exchange AG. In July 2004, it rejected a merger proposal from Deutsche Börse, which analysts viewed as potentially beneficial for small companies listed on SWX Swiss Exchange. In 2008, SWX Swiss Exchange merged with SIS Group and Telekurs into the new SIX Group, and was renamed as SIX Swiss Exchange, which is still its name as of 2025[update].
SIX Swiss Exchange maintains several major indices. The most known index is the SMI, or Swiss Market Index, which consists of the 20 largest and most liquid companies of the SPI. The SPI, or Swiss Performance Index, contains more than 200 companies listed on the exchange that meet requirements. The SLI, or Swiss Leader Index, is a capped index with some of the largest 30 companies. The SBI, or Swiss Bond Index, tracks obligations emitted in Swiss francs. The market capitalization of all companies listed at SIX Swiss Exchange amounted in 2018 to 1.6 trillion Swiss francs, making it one of the top exchanges in the world by capitalization.
On 23 August 2023, the company formed EuroCTP as a joint venture with 13 other bourses, in an effort to provide a consolidated tape for the European Union, as part of the Capital Markets Union proposed by the European Commission.
The first exchanges in Switzerland were created locally in major Swiss cities throughout Switzerland, with the authorization of the Cantonal authorities. Geneva paved the way in the year 1850, when the Société des agents de change réunis (English: United Brokers Association) was founded. Its trading floor was opened in 1855 and approved by the Grand Council of Geneva in 1856. The Basler Börse followed in 1866 or 1876 (sources disagree) in Basel, as well as another one in Zürich in 1873. The Berne exchange, which still exists today, was founded in 1884. Smaller exchanges were also created in Lausanne in 1873, in St. Gallen in 1887 and in Neuchâtel in 1905. The exchanges were subject by the Cantons to a value added tax.
During the First World War, all Swiss exchanges were closed, with the exception of bond trading in the Geneva exchange. The depression of 1920–21 was followed by a bull market in the 1920s, during which a new exchange building (alte Börse, German for "old exchange") was constructed in Zürich at Bleicherweg 5, near Paradeplatz. The building is still standing, but no longer used as an exchange.