A forward type of contractual agreement to exchange one type of cash flow or asset for another, according to predetermined rules.
Swiss certificate (schweizer zertifikat)
Original share certificate of a foreign company, mainly originating in the US, the UK or Canada, which is quoted on a Swiss Stock Exchange and is registered in the nominee name of a specified Swiss nominee endorsed in blank. For dividend payments or participation in corporate actions it must be stamped by the nominee company.
Swiss Index
The most relevant indices of SWX Swiss Exchange are: the Swiss Market Index
(SMI) which comprises 20 blue chips, the SLI Swiss Leader Index (SLI), which comprises the 30 biggest stocks traded on the Swiss market and the Swiss Performance Index (SPI) which comprises all listed stocks except investment firms and companies with less than 20 percent free float.
