SWX Swiss Exchange is Switzerland's stock exchange, based in Zürich. Switzerland (English pronunciation; Schweiz Swiss German: Schwyz or Schwiiz Suisse Svizzera Svizra officially the Swiss Confederation A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock Zürich (, Zürich German: Züri, Zurich, Zurigo; in English generally Zurich) is the largest city in Switzerland and capital of the The exchange also trades other securities such as Swiss government bonds and derivatives such as stock options. A security is a Fungible, Negotiable instrument representing financial value A government bond is a bond issued by a national government denominated in the country's own Currency. Derivatives are Financial instruments whose values depend on the value of other underlying financial instruments Options are financial instruments that convey the right but not the obligation to engage in a future transaction on some Underlying security, or in a Futures
The main stock market index for the SWX Swiss Exchange is the SMI, the Swiss Market Index. A stock market index is a method of measuring a section of the Stock market. The Swiss Market Index (SMI is Switzerland 's blue-chip Stock market index, which makes it the most important in the country The index consists of the 20 most significant equity-securities based on the free float market capitalisation.
The Swiss Stock Exchange(SWX), based in Zurich is the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system in 1995. The Swiss Stock Exchange(SWX) is controlled by an association of banks which number 55. Each of these banks have equal voting rights in the matter of decision making concerning the management and regulation of the Swiss Stock Exchange.
Having the most competitive economy in the world according to the World Economic Forum, has not rescued the Swiss economy from its slow growth, that began back in the early 1990s. From being the richest in the European continent through the larger portion of the last century, Switzerland presently ranks fourth amongst the European countries (having a population that exceeds one million) after Ireland, Denmark and Norway.
The Swiss Stock Exchange(SWX) is the joint owners of the Eurex, the world's largest futures and derivatives exchange along with their German partners Deutsche Börse. In July 2004 however the Swiss Stock Exchange(SWX) rejected a proposal of merger from the German company, that analysts anticipate as profitable for many small companies enlisted on the Swiss Stock Exchange(SWX).
The Swiss Stock Exchange(SWX) has a blue-chip index as its stock market index. It is called the Swiss Market Index (SMI) and comprises of a maximum of thirty largest and at the same time most liquid, large and mid-cap SPI stocks.
The good news is that in September 2006 the Swiss Market Index (SMI) crossed its previous all time high which was set nearly eight years ago. This reflects the improved performances of the major Swiss companies enlisted on the Swiss Stock Exchange.
The most recent reports state that The Swiss Stock Exchange(SWX) is willing to engulf the electronic stock market - Virt-x, which was founded in the first place through the merger of the Swiss Stock Exchangewith Tradepoint, a London based electronic stock market.
This is an active list of Stock exchanges Those Futures exchanges that also offer trading in securities besides trading in Futures contracts are listed both Berne eXchange ( BX) is the Stock exchange of Bern, Switzerland. The Swiss Market Index (SMI is Switzerland 's blue-chip Stock market index, which makes it the most important in the country