SIX Swiss Exchange offers interfaces with various functions for on-Exchange trades executed either via the order
book or away from the order book. Orders and quotes on the order book are entered, changed or
cancelled using the following interfaces.
The Standard Trading Interface (STI) for orders
The Standard Trading Interface enables participants to enter, change or cancel Normal orders,
Iceberg orders, Limit Plus and Iceberg Plus orders with different validities.
The Standard Trading Interface additionally allows participants to submit Trade Reports to
the Exchange or Reporting Office, to perform Corrections and Countertrades as
well as to request Cancellations.
The OUCH Trading Interface (OTI) for volatile orders
The OUCH Trading Interface (OTI) enables participants who engage in high-frequency trading to enter,
change or cancel orders. The OTI allows participants to enter enhanced order types such as
Normal orders, Iceberg orders, Limit Plus and Iceberg Plus orders with different validities.
The Quote Trading Interface (QTI) for quotes
The Quote Trading Interface (QTI) allows participants engaged in market making activities to enter, change
or cancel quotes. Quotes can only be managed by participants via the QTI.
Detailed information on the various functions of the two interfaces
The Order Book Functionality Guide[pdf]
provides an overview of the functional spectrum of the STI, OTI and QTI interfaces.