SIX Swiss Exchange

www.six-swiss-exchange.com  
Tel : 41 58 854 5454
Fax : 41 58 854 2233

 

Representatives

Chairman of the Board of Directors : Mr. Alexandre Zeller

CEO SIX Group : Dr. Urs Rüegsegger

 

Types of Securities Traded

Name of Trading Systems

(Cash & Derivatives)

Trading Hours

 

 

 

 

Central Limit Order Book (CLOB)

 

Swiss Federal Bonds

 

08:30 – 17:00

All shares and investment funds

 

09:00 – 17:30*

Rights

 

09:15 – 17:15

All bonds (with the exception of Swiss Federal Bonds and international bonds), credit-linked notes, bond-linked notes

 

09:30 – 17:00

* In the Trading segments Shares and Investment Funds an auction is conducted from 17.20 to 17.30

 

 

 

 

Market Maker Book (MMB)

 

ETFs and Warrants on Swiss Federal Bonds

 

09:00 – 17:00

ETFs (except for ETFs on Swiss Federal Bonds)

 

09:00 – 17:30

Sponsored Funds

 

09:15 – 17:30

Warrants on equity securities, - baskets, - indices, - commodities and currencies, structured warrant products, certificates, structured bond products, ETSFs

 

09:15 – 17:15

 

 

 

Interest rate derivatives, international bonds (except for international bonds with differing initial denomination)

 

09:30 – 17:00

 

 

 

 

Market Maker Book - Fill-or-Kill (MMB-FoK)

 

International bonds (with differing initial denomination)

 

09:30 – 17:00

Current details of trading segments and hours can be found at:

http://www.six-swiss-exchange.com/participants/trading/exchange_hours/trading_hours_en.html#

 

 

Supervisory Body

Swiss Financial Market Supervisory Authority (FINMA)

Name of Clearing Organization

  • SIX X-Clear
  • LCH.Clearnet Ltd

Settlement Cycle

T + 3

Name of Central Securities Depository

SIX SIS AG

Commissions on Transactions levied by Exchange

Exchange fees are listed in Directives. The relevant directives can be found at :

http://www.six-swiss-exchange.com/participants/regulation/directives_en.html

 

Taxes on Dividends, Interests

Withholding tax, 35%

2013 Share ownership thresholds (%)

  • Shareholdings in companies that are domiciled in Switzerland and have at least a portion of their shares listed in Switzerland must be reported to the company in question and the SIX Swiss Exchange if the shareholdings exceed, fall below or reach certain thresholds. The thresholds are 3, 5, 10, 15, 20, 25, 33 1/3, 50 and 66 2/3 % of the voting rights.
  • Details are set out in the following Acts which can be found via the link below:
    • Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act – SESTO)
    • Ordinance on Stock Exchanges and Securities Trading (Stock Exchange Ordinance – SESTO)
    • FINMA Ordinance on Stock Exchanges and Securities Trading

http://www.six-exchange-regulation.com/regulation/rules_federal_en.html

 

Short selling (Yes / No)

Yes

Short selling conditions (if any)

Investors must fulfill settlement within the standard settlement cycle (Covered Short)
 

Holiday
24th December
25th December
26th December
31st December
1st January
2nd January
18th April
21st April
1st May
29th May
9th June
1st August
25th December
26th December
This page was last updated on: 11/08/2013 - 14:09