SIX Swiss Exchange AG - Trader Training & Exam

SIX Swiss Exchange AG - Trader Training & Exam

Traders have to prove that they have a certain level of market knowledge before they are granted the trader license. In passing the SIX Swiss Exchange AG Trader Examination, traders show that they have the knowledge they need to trade securities via SIX Swiss Exchange AG.

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.

Self-study documents

Which documents do you need to prepare for your course or 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
14:00 - 18:00 Module Rules and Regulations

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

Date Time Course Language Location Booked / Available Cost
16 Jan 2020 09:00 - 17:30 German Zurich 4 / 12 CHF 1000 Register
Date Time Course Language Location Booked / Available Cost
16 Jan 2020 09:00 - 13:00 German Zurich 0 / 0 CHF 500 Register
23 Jan 2020 09:00 - 13:00 English London 0 / 0 CHF 500 Register

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.