 | | Off order book trading / off-Exchange trading
Normally, securities trading in Switzerland is conducted via SIX Swiss Exchange AG. However, the Exchange System also supports off order book (off-Exchange) forms of trading. For all transactions they execute away from the Exchange System, participants are subject to a reporting requirement. In the broadest sense, off order book trades comprise all securities transactions that have not been concluded directly on the Exchange (for example, via the OTC market).
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