Markets Equities SwissAtMid Swiss EBBO Sponsored Foreign Shares Bonds ETFs ETPs Mutual Funds Structured Products Products & Services The Swiss Stock Exchange Trading Markets ETPs Exchange Traded Products (ETPs) Access to Products on Crypto Currencies and Single Commodities Home of Crypto ETPs When it comes to maximizing passive investment strategies, the broad and diverse range of ETPs listed on the Swiss Stock Exchange offer a solution for various investor needs. ETPs have been traded on the Swiss Stock Exchange since 2010. A varied range of commodity ETPs is also offered. As a pioneer of European ETP trading, the Swiss Stock Exchange is committed to continual innovation and market improvement. In November 2018, we became host to the world’s first ETP with crypto-currencies as underlying instruments, listed by Amun AG. Today, the Swiss Stock Exchange is the leading regulated marketplace for products with crypto currencies as underlyings. ETP Market Discover trading activity in all ETPs on the Swiss Stock Exchange.Check the Market Activity Your Benefits on the Swiss Stock Exchange Invest In Crypto Currencies The Swiss Stock Exchange is the world’s leading regulated exchange for crypto-products. Fully Collateralized Single Commodities Participate in price development of commodities. Diverse, Comprehensive Product Range Solutions for your investment needs. The Leading Regulated Exchange for Crypto ETPs Crypto currencies are permitted as an underlying instrument for derivatives trading on the Swiss Stock Exchange. In 2018, SER (SIX Exchange Regulation), regulating and monitoring participants and issuers of the Swiss Stock Exchange, stated in circular nb. 3 that at the time of applying for provisional admission to trading, the cryptocurrency must be among the 15 largest cryptocurrencies, as measured by market capitalization in USD. The details on the following website will serve as a reference: CoinMarketCap The Swiss Stock Exchange is the world’s leading regulated marketplace to trade products with crypto-currencies as underlyings. 2019 was a record year: turnover reached CHF 518.2 mn (+17% compared with 2018) with 19,636 transactions (+21% over 2018). As of end of July 2020, around 180 products are available, of which 22 are ETPs. Your Crypto Search is Over! The Swiss Stock Exchange is at the forefront of innovation in crypto products and introduced a search function and overview for structured products. Find Out More Trade Large ETF Positions: Quote on Demand (QOD) The new Quote on Demand order book allows institutional investors to directly contact multiple liquidity providers via a bidding process, trade large ETF and ETP positions in a straightforward way, and then settle them via a central counterparty (CCP). There is also an option to expand the QOD request onto the Quote Driven Market with pre-trade transparency.Find out more About This Service ETPs are secured, bearer debt securities that do not earn interest. They replicate the performance of an underlying asset on an unchanged or leveraged basis. These financial products are not investment funds and thus not governed by the Swiss Federal Act on Collective Investment Schemes (CISA), but rather exclusively by SER (SIX Exchange Regulation). In most cases, the collateral (securities or precious metals) is deposited with a third party. The underlying assets are usually single commodities, but may also be baskets, indices or other asset classes. Our Product UniverseThere are 31 ETPs on the exchange. The majority are UCITS products on single commodities such as industrial metals, cocoa, coffee, corn, cotton, grains, soybeans, sugar or wheat. By trading these products, investors get access to UCITS conform investment on single underlying. New Listings Product Providers Market MakingLiquidity in the market is underpinned by 6 specialist market makers that: Provide bid/ask prices for minimum amounts Avoid prices which exceed the maximum spread Are present in the order book during official trading hours These requirements vary according to the asset class and apply on a monthly basis. To ensure adherence, every trade is monitored. See the Full List of Market Makers The Most Important Statistics The Swiss Stock Exchange makes a major contribution to transparency – not only by publishing all of the relevant trading information, including binding bid/offer prices and offered sizes, but also with additional statistics on listings, indices, turnover figures and details of the performance of the traded securities. Discover Our Statistics Intraday Activity Market Quality Metrics Most traded ETPs Resources Service Information FAQ Regulation Official Notices Newsboard Crypto Products Report 01 févr. 2019 Passive Financial Products: Liquid, cost-effective and transparent, Anglais Afficher plus ETP Explorer How does an ETP differ from an ETF? 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 and ETSFs, Exchange Traded Products are not collective investment schemes in the sense of the Federal Act of 23 June 2006 on Collective Investment Schemes Act (CISA). ETPs are not subject to the Collective Investment Schemes Act (CISA) and as such, are not supervised by FINMA. What are the trading hours for ETPs? ETPs trade from 9am until 5.30pm, with a closing auction until 5.35pm. For more information please see our Trading Guides. What tick sizes apply to ETP trading? The liquidity band “9000 <- average daily number of transactions” is applied. Please refer to the MiFID II tick size table in the Trading Guide for more detail. How do I become a market maker? Please contact us via and we will be happy to help you. How much capacity/QPS does a market maker have? The Quote Trading Interface (QTI) enables market makers and liquidity providers direct access to the order book. It supports the entry of quotes and receives execution confirmations for further processing. Each market maker receives 2 QPS per instrument free of charge (respectively 1 QPS for free for the first 50 instruments). For more information and a list of charges under the trading rules, please see the relevant guidelines. Product Guide - Fund Market and Other Financial Products Trading Rules Directive 3: Trading Directive 4: Market Control List of charges under the trading rules The Swiss Stock Exchange publishes the official notices of listed companies on a daily basis. More To the Newsboard 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.