ETFs, ETPs and Funds ETFs ETPs Mutual Funds Products & Services The Swiss Stock Exchange Listing ETFs, ETPs and Funds ETPs ETPs Listing ETPs on Crypto Currencies And Single Underlyings A World First: Crypto ETPs In offering ETPs, the Swiss Stock Exchange is expanding the universe of passive investment products and filling a gap in the Swiss financial market. These offer a unique combination of ETF and structured product benefits. Product providers can thus meet their customers’ needs in an even more targeted manner with innovative and custom tailored passive investment solutions. In 2018, the Swiss Stock Exchange was the first exchange in the world to receive regulatory permission to approve crypto currencies as underlying instruments for derivatives. The listing of the world’s first collateralized products on crypto currencies was therefore possible and was made in the form of an ETP traded on the Swiss Stock Exchange. List Your ETP Planning to list an ETP on Bitcoin or any other crypto currency? Understand the regulatory framework. Read Here How You Will Benefit Crypto Liquidity ETPs listed on the Swiss Stock Exchange track some of the most liquid crypto currencies. Single Underlying Base your ETP on a single asset and cross-list it easily into Europe or Switzerland. Tap Into a New Client Base We bring together more than 100 brokers and banks and a large investor base. About This Service Exchange Traded Products (ETPs) are collateralized, non-interest-paying bearer debt securities, which may be sold and redeemed in the same structure and denominations on a continuous basis. List and Trade Within 20 Days Do you want to issue and distribute ETPs in Switzerland? The Swiss Stock Exchange supports issuers in launching innovative products and provides access to a highly capitalized international investor base. Product issuers benefit from a simple and efficient listing procedure: Once a recognized representative submits the listing application, it will be listed within 20 exchange days. Market Makers Listing an ETP requires the appointment of a market maker. SIX will provide market makers capable of offering prices continuously for 90% of official trading hours (on a monthly basis) and quote prices within a maximal spread for a minimal volume. List of Market Makers Crypto Currency Derivatives The Swiss Stock Exchange is the first to permit the use of crypto currencies as underlying instruments for derivatives. Since their introduction in 2018, more than 60 derivatives on crypto currencies have become available for trading on SIX. Crypto currency as underlying Listing Procedure Resources and Downloads Quick Links Service Information FAQ List of ETPs Regulatory documents Crypto Products Report SIX Exchange Regulation Recognised Representatives Data Center and Statistics 24 mars 2021 ETP Listing Process, Anglais List your ETPs easily and well guided on SIX Swiss Exchange Ouvrir le document 01 févr. 2019 Passive Financial Products, Anglais The diverse and comprehensive family of passive financial products available on SIX offers a solution for all investment needs. Ouvrir le document Afficher plus Can I list an ETP on Bitcoin or crypto currency? Yes. Crypto currencies are permitted as an underlying instrument for products traded on the Swiss Stock Exchange. However, for the Swiss Stock Exchangethe cryptocurrency must be among the 15 largest cryptocurrencies, as measured by market capitalization in USD at the time of applying for provisional admission to trading. What is a recognized representative? To ensure efficient processing, the listing application must be submitted pursuant to Art. 43 Listing Rules by a recognised representative. The Directive Recognised Representatives (DRR) regulates both the various types of recognition and the recognition procedure. What is the difference between an ETF and an ETP? ETPs are collateralized, non-interest-paying bearer debt securities (debentures) which are issued as securities, sold and redeemed in the same structure and denominations on a continuous basis and replicate the price trend of an underlying instrument, either unchanged or leveraged (tracker certificate). Unlike ETFs, ETPs are not collective investment schemes, as defined by the Federal Act on Collective Investment Schemes Act (CISA). As such, ETPs are not subject to the approval of the Federal Financial Market Supervisory Authority (FINMA). What are the maintenance obligations for an ETP listing? To maintain a listing on the Swiss Stock Exchange, issuers must comply with the regular reporting obligations set out in articles 49-56 of the Listing Rules and the Additional Rules for the Listing of Exchange Traded Products (ARETP) Current Product List Directive Regular Reporting Obligations (DRRO) Listing Rules Additional Rules for the Listing of Exchange Traded Products Directive on the Procedures for Exchange Traded Products List of Charges under the Listing Rules The Swiss Stock Exchange publishes the Crypto Products Report on a monthly basis as well as the yearly report once a year. The report provides detailed figures about the development of the crypto products as well as information on trading activity, trends and changes in this segment to investors, market participants and the interested public. All reports are available here.