Where Quality Comes as Standard
The Swiss Stock Exchange is the leading trading venue in the world for Swiss securities. Thanks to our ongoing commitment to innovate and invest with a view to increase the quality of our order books, you need look no further for best execution.
We offer you the highest liquidity, the best prices and the narrowest spreads. Buy and sell orders are executed here more rapidly than anywhere else, so you can rest assured that you can implement your investment decisions as efficiently and effectively as possible.
For the 20 most liquid Swiss large caps, the Swiss Stock Exchange offers you not just the best prices for over 90% of the trading day, but also the largest volume at over 80% of the time. Because what good would be the best price, if there’s no liquidity in the book? We offer you both – and that’s what makes the quality of our order books really stand out.
Your Benefits on the Swiss Stock Exchange
In 2019, the Swiss Stock Exchange increased its market share in SMI shares to over 84%.
The Swiss Stock Exchange provides the tightest bid/ask spreads for all SMI shares.
Over 80% of the time the Swiss Stock Exchange offers the largest volume at the best price.
No Better Place for Best Execution
When it comes to trading, for us the customer is king. The recently revamped Markets in Financial Instruments Directive (MiFID II) brings this principle into even sharper focus.
Aside from very specific instructions from a customer, financial institutions must now not only take ‘all reasonable steps’ but ‘all sufficient steps’ to get the best possible result for you as a customer when executing an order.
To this end, MiFID II specifies a number of criteria that must be observed when executing client orders. The introduction of the Swiss Financial Services Act (FinSA) has further increased the importance of these criteria in the Swiss marketplace.
For our part, to make sure that you as participants and investors are well-positioned to adapt to this new regulation, we provide building blocks that you can use to construct your own tailored best execution policies.