Set the Foundation for Trading on the Swiss Stock Exchange.
With the SIX Swiss Exchange Trader Examination, traders prove that they have the necessary knowledge and skills to trade securities on the Swiss Stock Exchange.
Our modules "Trading” and "Rules and Regulations" provide all the necessary information you will need to successfully pass the exam and get hold of the trading license. Read up on the subject matter before the training. The training takes one day, for already licensed traders half a day. To ensure that you are well prepared for the exam, we go through the modules together with you.
With the help of the modules and our specialised training, you will be optimally prepared for the Swiss Stock Exchange Trader Examination.
Register Now!How You Will Benefit
Recognised Trader License
By successfully completing the Trader Examination – recognized across the industry – you will be able to trade on the Swiss Stock Exchange.
Keep Your Knowledge up to Date
With our modules, you keep your Swiss Stock Exchange knowledge up to date.
Advanced Training Opportunities
With our advanced training courses, you can expand your knowledge and thus potentially boost your career.
Which Exam Do You Have to Take?
Passing the trader examination offers several advantages. On the one hand, you receive a trader's licence recognised by the Swiss Stock Exchange, on the other hand, you build up your knowledge or keep it up to date.
- 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
Self-Study Documents
Which documents do you need to prepare for your course or exam?
Module Trading
- Trading on SIX Swiss Exchange AG, Module 1 - Trading
- FINMA Circular 2013/8 - Market conduct rules
- 2018/02 FINMA Circular "Duty to report securities transactions" *
- Reporting Office Rules *
- Trading Guide SIX Swiss Exchange AG
Module Rules and Regulations
* These documents are at your disposal electronically during the exam.
Module Trading
- Trading on SIX Swiss Exchange AG, Module 1 - Trading
- FINMA Circular 2013/8 - Market conduct rules
- 2018/02 FINMA Circular "Duty to report securities transactions" *
- Reporting Office Rules *
- Trading Guide SIX Swiss Exchange AG
* These documents are at your disposal electronically during the exam.
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.
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
Registration Trader Training
| Date | Time | Course Language | Location | Booked / Total Available | Cost | |
|---|---|---|---|---|---|---|
| 04 Jun 2024 | 09:00 - 15:00 | English | Webinar | 0 / 12 | CHF 500 | Register |
On-Site Training
| Details | Training for Traders | Training for Licensed / Senior Traders |
|---|---|---|
| Course Duration | 1 day | 1/2 day |
| Timetable |
09:00 - 13:00 Module Trading 14:00 - 18:00 Module Rules and Regulations | 09:00 - 13:00 Module Trading |
| Cost | CHF 1'500 per person, including training materials | CHF 1'000 per person, including training materials |
| Location | Provided on-site at the Participant's or Reporting Member's premises. | |
| Languages | German and English | |
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
Booking Request
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.
Examination Registration for Participants
Examination Registration for Reporting Members and SIX Employees
Resources
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 | The Chartered Institute for Securities and Investment |
| CLICK | NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen |
| DSI (Senior) Securities trader license | DSI (Dutch Securities Institute) |
| FCA Recognized exams | FCA |
| Fixed Income Certificate | International Capital Market Association (ICMA) |
| General Securities Registered Representative Examination (Test Series 7) | FINRA (Financial Industry Regulation Authority) U.S. Securities and Exchange Commission |
| HK Securities Institute (HKSI) Licensing Examination Paper 1 (Dealing in Securities) | SFC (The Securities and Futures Commission) of Hong Kong |
| INET | NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen |
| 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 |