A recent SIX survey of participants operating on the Swiss Stock Exchange revealed enthusiasm for trading digital assets; almost two-thirds state growing interest from clients to trade digital assets.
Tony Shaw, Executive Director, London Office and Head Sales UK & Ireland in the Business Unit Securities & Exchanges at SIX, commented: “The Swiss Stock Exchange is already making significant headway in digital assets, as the world’s leading regulated marketplace to trade products with crypto-currencies as underlyings. SIX is also currently building SIX Digital Exchange, a fully integrated issuance, trading, settlement and custody infrastructure for digital assets. We are making history innovating in this space and expect many of our clients will be too, by being able to access and offer unique products and services.”
When asked about their long-term outlook for trading digital assets and crypto products, an even higher majority of traders – 80% – believe that demand will increase. When considering the impact of trading digital assets more broadly, many feel it will streamline the trading and settlement process and reduce overall trading costs.