Product issuers benefit from a simple and efficient listing procedure: the issuer submits
the listing application to SIX Exchange Regulation in writing - together with a copy of the
legally valid fund rules as approved by the Federal Financial Market Supervisory Authority
(FINMA) or, in the case of a foreign-based fund, the approval to distribute the fund in
Switzerland. Within 20 trading days, the application will have been processed and the ETFs
can start trading immediately thereafter.