This MedLibrary.org supplementary page on Zurich Stock Exchange is provided directly from the open source Wikipedia as a service to our readers. Please see the note below on authorship of this content, as well as the Wikipedia usage guidelines. To search for other content from our encyclopedia supplement, please use the form below:
Related Sponsors
SIX Swiss Exchange (formerly SWX Swiss Exchange) is Switzerland's stock exchange, based in Zürich. The exchange also trades other securities such as Swiss government bonds and derivatives such as stock options.
The main stock market index for the SIX Swiss Exchange is the SMI, the Swiss Market Index. The index consists of the 20 most significant equity-securities based on the free float market capitalisation.
The Swiss Exchange was the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system in 1995. The exchange is controlled by an association of 55 banks. Each of these banks have equal voting rights in the matter of decision making concerning the management and regulation of the exchange.
SIX is the joint owner of Eurex, the world's largest futures and derivatives exchange along with their German partners Deutsche Börse. In July 2004 however the SIX rejected a merger proposal from the German company, that analysts anticipated as profitable for many small companies enlisted on the SIX.
The exchange has a blue-chip index as its principal stock market index. The Swiss Market Index (SMI) comprises a maximum of twenty of the largest and most liquid large and mid-cap SPI stocks.
Contents |
History
- Replacement of floor trading systems at Geneva (est.1850), Basel (est.1876) and Zürich (est.1873) stock exchanges by fully automated system SWX (1995)
- World's first fully automated trading, clearing and settlement system (est.1995)
- Purchased virt-x cross-border electronic exchange in 2002, which it later renamed SWX Europe.1
Hours
The exchange's normal trading sessions are from 09:00am to 05:30pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.2
See also
- List of stock exchanges
- Bern eXchange (BX), the smaller Bernese competitor
References
- ^ virt-x changes its name to SWX Europe. March 3, 2008, retrieved July 5, 2008.
- ^ Market Hours, SWX Swiss Exchange via Wikinvest
External links
 |
This article about stock exchanges is a stub. You can help Wikipedia by expanding it. |
 |
This Swiss corporation or company article is a stub. You can help Wikipedia by expanding it. |
Wikipedia content modification information:
- This page was last modified on 27 December 2008, at 12:37.
Wikipedia Authorship and Review
Wikipedia content provided here is not reviewed directly by MedLibrary.org. Wikipedia content is authored by an open community of volunteers and is not produced by or in any way affiliated with MedLibrary.org.
Wikipedia Usage Guidelines
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article on "Zurich Stock Exchange".
The URL for this specific entry is:
All Wikipedia text is available under the terms of the GNU Free Documentation License. (See Copyrights for details). Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc.