Which exam do you have to take?
Depending on your background and experience you can choose out of 3 exams.
- you are employed by a SIX Swiss Exchange AG Participant or Reporting Member
- you are employed by a SIX Swiss Exchange AG Participant or Reporting Member
- you hold a recognized license by SIX Swiss Exchange AG
- or your SIX Swiss Exchange AG license has expired since 2 years or more
- you are employed by a SIX Swiss Exchange AG Participant
- you hold a recognized license by SIX Swiss Exchange AG
- and you have more than 5 years of professional experience without interruption since obtaining your recognized license
How do you best prepare?
Training sessions are held at SIX premises, or on request on-site at client locations.
It is also possible to prepare for the exam by self-studying using the extensive self-study documents. A self-test is available online.
Trader Training
| Details | |
|---|---|
| Target Audience | Traders who are employed by a SIX Swiss Exchange Participant or a Reporting Member who either do or do not have a license recognized by SIX Swiss Exchange |
|
Duration |
1 day for Trader Training (Modules Trading & Rules and Regulations) ½ day for Trader Training for Licensed Traders (Module Trading) ½ day for Trader Training for Licensed Senior Traders (Module Trading) |
|
Timetable |
09:00 - 13:00 Module Trading |
|
Cost |
CHF 1'000 Trader Training CHF 500 Trader Training for Licensed Traders CHF 500 Trader Training for Licensed Senior Traders |
|
Location | SIX premises in Zurich and London |
|
Language |
German and English |
Please note that cancellations or postponements must be submitted in writing to Member Education at least one week prior to the training date, otherwise no reimbursement of the fee can be guaranteed.
Content
Module Rules and Regulations
- Regulatory Basis
- Issuer Regulations
- Regulations for Participants and Traders
- Surveillance & Enforcement
- Sanctions
Module Trading
- Market participants
- General principles of trading
- Exchange periods
- SWXess (SIX Swiss Exchange platform)
- Trading on the order book
- Trading outside of the order book
- Trading parameters
- Clearing and settlement
- Matching rules
Module Trading
- Market participants
- General principles of trading
- Exchange periods
- SWXess (SIX Swiss Exchange platform)
- Trading on the order book
- Trading outside of the order book
- Trading parameters
- Clearing and settlement
- Matching rules
Training Registration
Due to COVID-19 there are currently no classroom trainings offered in Zurich or London. We do offer webinars, please register below.
Test your knowledge - self-study test
The following self-test helps you to test your level of know-how.
As in the exam they are based on multiple-choice questions.
Trader Examination
| Details | |
|---|---|
| Target Audience | Traders who are employed by a SIX Swiss Exchange Participant or a Reporting Member who either do or do not have a licence recognized by SIX Swiss Exchange. |
|
Duration |
2 hours for Trader Examination 1 hour for Trader Examination for Licensed Traders 1 hour for Trader Examination for Licensed Senior Traders |
|
Cost |
CHF 550 Trader Examination CHF 500 Trader Examination for Licensed Trader CHF 500 Trader Examination for Senior Trader |
| Location |
On-site for Participants At SIX premises for Reporting Members |
| Language | German and English |
Procedure
The exam is conducted:
- online at the Participant's premises under the supervision of the responsible Compliance Officer
- for Reporting Members and others once a month at SIX premises
Exam structure
- multiple-choice exam
- Trader Examination: 100 questions
Trader Examination for Licensed Traders: 50 questions
Trader Examination for Senior Traders: 25 questions - the result is shown online at the end of the exam
- Pass mark: 70%
The Trader Examination for Senior Traders may be retaken 3 time with the same login details.
Further information for Head Exams
Should a Participant not be able to provide the necessary infrastructure, the exams can also be conducted in the premises of SIX Zurich under our supervision.
FAQ
Trader Licenses recognized by SIX Swiss Exchange AG
| Licence / Certificate | Regulator / Exchange |
| Börsenhändlerprüfung Eurex | Eurex |
| Börsenhändlerprüfung Xetra | Deutsche Börse AG / Wiener Börse AG |
| Canadian Securities Course | Canada, Services and Investment (CSI Global Education Inc.) |
| Certificate in Securities | Securities & Investment Institute London Stock Exchange |
| CLICK | NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen |
| DSI (Senior) Securities trader license | DSI (Dutch Securities Institute) |
| FCA Recognized exams | FCA |
| General Securities Registered Representative Examination (Test Series 7) | FINRA (Financial Industry Regulation Authority) U.S. Securities and Exchange Commission |
| HKATS Operations, Trading Procedures & Rules Examination | The Stock Exchange of Hong Kong |
| INET | NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen |
| International Fixed Income and Derivatives Certificate (IFID) | International Capital Market Association (ICMA) |
| JSDA's Examination for Class-1 Sales Representatives | JSDA - Japan Securities Dealers Association Tokyo Stock Exchange |
| SAXess authorization course | NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen |
| Swiss Exchange Trader License | Swiss Exchange Regulation |
Any questions?
For questions, please contact Member Education.