OREANDA-NEWS. 20 years ago today, the Swiss Exchange introduced its fully electronic trading system. It thus assumed a clear role as leader and pioneer, which it still performs today thanks to continuous investment and a high level of innovation. SIX Swiss Exchange operates not only one of the world's fastest, but also one of the most stable stock exchanges. It can therefore perform its fundamental task, bringing buyers and sellers together, reliably at all times - even in extreme situations like on January 15, 2015, when the SNB's elimination of the euro cap resulted in record volumes in share trading.

Staggered introduction

The introduction of the fully electronic trading system started with the small pit for foreign shares on December 8, 1995. The pits for Swiss shares, options, and finally bonds followed successively in August 1996. The integration of the entire Swiss value chain - from order entry to trading through to clearing, settlement, and custody of the securities - remains unique to this day.

Investments in cutting-edge technology

Since the introduction of the fully electronic trading system, the demands placed on the stock exchange have continued to rise. Great liquidity, the speed of order execution and the stability of the systems are crucial factors for the success of a trading center.

Chris Landis, Division CEO SIX Swiss Exchange, comments: "In order to stay competitive and increase efficiency, we are investing in cutting-edge technology and at the same time simplifying our system architecture. In this way, we can offer our broadly diversified clientele the best possible trading conditions and make SIX Swiss Exchange the independent investment network of choice."