In November 2014 SIX Swiss Exchange reintroduced the trading segment "Sponsored Foreign Shares",
in which shares from recognized foreign exchanges are admitted to trading.
The Sponsored Foreign Shares trading segment enables all participants to trade shares of foreign
issuers in the order book via the SWXess platform of SIX Swiss Exchange and report off order book trades in
foreign shares to SIX Swiss Exchange. Our website provides an overview of all Sponsored Foreign Shares admitted to trading.
Sponsors are trading participants
of SIX Swiss Exchange. They undertake to comply with the reporting and maintenance requirements set out in the
Rules and to guarantee market making activities. If you wish to become a Sponsor or learn more about
the segment please contact us.
Admission to trading
Sponsors can apply to SIX Exchange Regulation for the admission to trading of equity securities of foreign
issuers with a primary listing on an exchange recognized by the Regulatory Board. The Rules for the
Admission of Equity Securities to Trading in the SIX Swiss Exchange-Sponsored Segment can be found
The securities in the "Sponsored Foreign Shares" trading segment are traded on the
On Book Matcher (OBM) Partition 2 - "Non-Equities". The trading hours are continuous
from 9.00 am to 5.30 pm CET (with a closing auction from 5.20 pm to 5.30 pm CET). Trading currency
in the Sponsored Segment is Swiss franc (CHF). All details are available in the
Clearing and settlement
Trades in Sponsored Foreign Shares on SIX Swiss Exchange are settled automatically and are not cleared via a
central counterparty (CCP). The clearing cycle for Sponsored Foreign Shares is two working days (T+2).
In connection with the introduction of "Sponsored Foreign Shares", two directives
have been amended:
Directive 3: Trading[pdf]
(Annex E - Sponsored Foreign Shares) and Guideline: List of Trading Charges
(Annex D - Sponsored Foreign Shares).