100% Swiss Quality Trading

The Equity Index Commission, Bond Index Commission and Swiss Reference Rates Index Commission advises the Management Committee of SIX in all matters related to the indices. Where necessary, it submits proposals regarding changes in index regulations, treatment of capital events and adjustments outside the established review and acceptance period. The Equity Index Commissions meet at least twice per year. They provide valuable advice on how to improve existing products and the design of new products.

When Members of the Equity Index Commission, the Bond Index Commission or the Swiss Reference Rates Index Commission are selected, care is taken to ensure that they represent a variety of viewpoints.

The IT Advisory Board advises the Management Committee of the Swiss Stock Exchange on all matters relating to trading technology. It assesses release plans as to their fit with requirements and other dependencies common to the entire market place. Where required it submits proposals pertaining to interfaces, functionality and platforms. The advisory board convenes four times a year or as required.

Members of the advisory board are nominated such that a broad representation of the Swiss Stock Exchange trading participants is ensured.

The Cash Market Advisory Board (CMAB) is an advisory panel of the Swiss Stock Exchange in which representatives from the Swiss financial centre hold seats. The CMAB is consulted on all matters in connection with trading activities on the Swiss Stock Exchange, in particular as regards:

• the structure of the product and service portfolio, in particular the market organization and the functionalities of the trading platforms;
• the structure of the processing infrastructure, provided that its functionalities and interfaces are defined by SIX and/or its Group companies;
• strategic initiatives and projects, including the development of the trading platforms and the associated technology.

The Structured Products Advisory Board (SPAB) is an advisory panel of the Swiss Stock Exchange in which representatives from the trading participants hold seats. The SPAB is supplemented by selected employees of the Swiss Stock Exchange. Topics of relevance to the Exchange are the focus of discussion and are addressed thoroughly at the quarterly SPAB meetings.