Trading Platform | SIX (2024)

Trailblazing Technology for Efficient Trading

The Swiss Stock Exchange operates not only one of the most technologically advanced, but also one of the most stable exchanges. Offering an average round-trip latency of just 14 microseconds, efficient risk management, and outstanding capacity reserves, our trading platform SWXess enables you to instantly implement your investment decisions.

We provide a wide range of interfaces and connectivity options so participants can choose what best suits their strategies and market activity in order to benefit fully from our unique market structure and the outstanding liquidity on our market.

• Useful Links:
• Member Section
• Environment Calendar
• SWXess Maintenance Releases
• All Forms

Service Package

Discover Our Services

• Industry-standard InterfacesThe SWXess trading platform comes with a full set of industry-standard interfaces for trading all asset classes. Our wide range of interface options allows you to select the most suitable and effective configuration and scale speed and capacity to your requirements. Find Out More
• Connectivity OptionsThe Swiss Stock Exchange has built a comprehensive array of technical connectivity options into the SWXess trading platform. These include a choice of co-location and proximity services for fast trading and data collection as well as access points in London and Frankfurt. Find Out More
• Microwave TechnologyMicrowave technology allows the fastest transmission of trade data between exchange data centers. The microwave network of the Swiss Stock Exchange provides trading firms low-latency solutions. Find Out More
• Service ProvidersTo create its attractive trading conditions, the Swiss Stock Exchange works closely with carefully chosen service providers. Their connectivity solutions, applications and hosted systems are a critical link between our exchange and our members. Find Out More

SWXess: Throughput, Speed and Reliability

The SWXess Trading Platform of the Swiss Stock Exchange, running on X-stream INET technology, combines high capacity and low latency with outstanding reliability in all our trading segments. It enables all forms of trading, from safely executing large blocks to high-frequency algorithmic trading.

Because of its unique design, SWXess meets the demands of today’s global trading community. Underpinned by a common infrastructure that guarantees its stability, it is built as a series of loosely coupled and self-contained components. This modularity offers a fully integrated environment for all trading activities and gives you the flexibility to select the ideal setup for your needs – now and in the future.

We operate not only one of the most technologically advanced, but also one of the most stable stock exchanges in the world.

Become a Participant

We want new participants to start trading as soon as possible. Admission and technical setup can be completed in as little as four weeks. Our specialists are always available to guide you through the process from setting up your trading infrastructure to testing and go-live.

Get Started

Select Your Ideal Interfaces

The SWXess trading platform comes with a full set of industry-standard interfaces for trading all asset classes. Our wide range of interface options allows you to select the most suitable and effective configuration and scale speed and capacity to your requirements. You also remain flexible to adapt your setup when new opportunities arise.

Interfaces

Co-location: The Fastest Connection

Co-location services of the Swiss Stock Exchange offer participants many advantages: faster execution, trading irrespective of distance, customizable infrastructure and choice of preferred supplier, cost efficiency and fast on-boarding. A co-location access reduces latency for equity trading to just 14 microseconds. We offer co-location services in partnership with Equinix. By installing their technical equipment in the Equinix data center in Zurich next to the SWXess trading engine, all participants can enjoy the same superior latency regardless of their geographical location.

See Also

Insider Trading Activity (Form 4 Filings)6 Strategies To Prevent Insider Trading At Your Company | BlogWhat Investors Can Learn From Insider TradingInside insider trading regulation: a comparative analysis of the EU and US regimes

Co-location

The Largest Microwave Network in Europe

Microwave technology allows the fastest transmission of trade data. The Swiss Stock Exchange is the first regulated exchange to own and operate an international ultra-low latency microwave network in Europe. Our microwave network enables trading participants – such as market makers and liquidity providers in the equities and ETF space – to execute their trading strategies faster while at the same time improving their risk management. As a result, improved liquidity and tighter spreads create better execution conditions for all market participants.

Microwave Technology

Access Point Service

The Access Point service is one of the available SCAP options with several Points of Presence (PoPs) in London and Frankfurt. The service has direct connectivity to SWXess with low and reliable latency to both trading environments (member test and production). The Access Point service belongs to existing financial ecosystems and provisions participants with diversity, operational cost optimization and potential leveraging economies of scale.

Downloads

Factsheets Connectivity Forms Capacity & Configuration Forms

• Emergency and Outage Policy

  A High Level Summary of Procedures on SIX Swiss Exchange

  Open document

• Excellent Latency and Capacity

  X-stream INET Performance Measurement Details for Equities Partition

  Open document

• Connectivity Selection

  Key criteria for choosing the type of connectivity are the chosen interface as well as the required exchange services and transmission capacity.

  Open document

• Access Point Service - Enhance Your Connectivity

  The Access Point service allows participants to optimise their connectivity to all services and trading segments available on SIX and provides the opportunity to reduce current connectivity costs.

  Open document

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• Initial Line Order Form

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Access Point Service

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Co-Location Access

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Optical Link

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Internet

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Ethernet Services

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Managed IP Services BT Radianz

  Download and open with Acrobat Reader

• Connectivity Parameter Form - Managed IP Services DBAG

  Download and open with Acrobat Reader

• Connectivity Parameter Form - SIX Managed Proximity Service

  Download and open with Acrobat Reader

• Connectivity Cancellation Form

  Download and open with Acrobat Reader

• Application for SFTP Service via FTS-Gateway

  Download and open with Acrobat Reader

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• PartyID and SenderCompID Configuration Form

  Download and open with Acrobat Reader

• SWXess User Application or Deletion

  Download and open with Acrobat Reader

• Change of Connectivity or Application Service Provider (ASP)

  Download and open with Acrobat Reader

• Reallocation of Capacity

  Download and open with Acrobat Reader

• Application for Additional Exclusive Market Maker ID and/or Exclusive Liquidity Provider ID

  Download and open with Acrobat Reader

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Technical Queries

Our Local Support Centers in Zurich, Geneva and London are happy to answer any technical questions.

• Local Support Center Zurich Helpdesk

  Member Support Center (MSC) has offices in Zurich, Geneva and London to support you with all your technical queries - in various languages and on site at your office if required.

  • +41 58 399 2400
  • Send Inquiry

  • SIX Swiss Exchange Ltd.

    Pfingstweidstrasse 110

    8005 Zurich

• Local Support Center Geneva Helpdesk

  Member Support Center (MSC) has offices in Zurich, Geneva and London to support you with all your technical queries - in various languages and on site at your office if required.

  • +41 58 399 5642
  • Send Inquiry

  • SIX Swiss Exchange Ltd.

    Av. Edmond-Vaucher 18

    1203 Geneva

• Local Support Center UK Helpdesk

  Member Support Center (MSC) has offices in Zurich, Geneva and London to support you with all your technical queries - in various languages and on site at your office if required.

  • +44 207 864 4364
  • Send Inquiry

  • SIX Swiss Exchange Ltd.

    33 St Mary Axe

    4th Floor Exchequer Court

    London EC3A 8AA

I am a seasoned expert with extensive knowledge in the field of financial technology and trading platforms. My expertise spans various aspects of efficient trading, technological advancements, and market stability. I've been actively involved in understanding and analyzing cutting-edge solutions that facilitate seamless trading experiences.

Now, let's delve into the key concepts highlighted in the article about the Swiss Stock Exchange's trading platform, SWXess:

1. SWXess Trading Platform:

   • SWXess operates one of the most technologically advanced and stable stock exchanges globally.
   • It boasts an average round-trip latency of just 14 microseconds, emphasizing efficiency and speed.
   • The platform utilizes X-stream INET technology, combining high capacity, low latency, and outstanding reliability.

2. Interfaces and Connectivity Options:

   • SWXess provides a full set of industry-standard interfaces for trading all asset classes.
   • Participants have a wide range of interface options to configure speed and capacity according to their requirements.

3. Microwave Technology:

   • The Swiss Stock Exchange owns and operates an international ultra-low latency microwave network in Europe.
   • Microwave technology enables the fastest transmission of trade data, benefiting market makers and liquidity providers with faster execution and improved risk management.

4. Service Providers:

   • SWXess collaborates with carefully chosen service providers, whose connectivity solutions play a critical role in linking the exchange with its members.

5. Co-location Services:

   • Co-location services offer advantages such as faster execution, irrespective of distance, customizable infrastructure, and cost efficiency.
   • Equinix is the chosen partner for co-location services, reducing latency for equity trading to just 14 microseconds.

6. Access Point Service:

   • The Access Point service provides connectivity options with several Points of Presence (PoPs) in London and Frankfurt.
   • It ensures low and reliable latency to both trading environments (member test and production), offering diversity and operational cost optimization.

7. Connectivity Forms and Documents:

   • Various forms and documents are available for participants to download, covering connectivity parameters, initial line orders, and service applications.

8. Emergency and Outage Policy:

   • The article mentions an Emergency and Outage Policy, providing a high-level summary of procedures on SIX Swiss Exchange during critical situations.

9. Participant Onboarding:

   • The Swiss Stock Exchange encourages new participants to start trading promptly, with admission and technical setup achievable in as little as four weeks.

10. Local Support Centers:

    • Local Support Centers in Zurich, Geneva, and London offer assistance for technical queries, ensuring participants receive support in various languages.

This comprehensive overview showcases the Swiss Stock Exchange's commitment to technological excellence, low-latency solutions, and creating an environment conducive to efficient and diverse trading strategies. If you have any specific questions or need further clarification on any aspect, feel free to ask.