Today, SIX Swiss Exchange and SIX Structured Products Exchange Ltd welcome their third new trading participant joining in 2014. Finovesta GmbH
is an independent financial company founded in 1987 and based in Dusseldorf (Germany). Its business model is based on electronic trading in all asset classes. The company is active in classic proprietary trading, executing orders only on its own behalf.
Gregor Braun, Head Member Acquisition & Product Sales, comments: "We are very happy that Finovesta GmbH opted for SIX Swiss Exchange and will contribute to the outstanding liquidity in our attractive trading segments." In the current year, Deep Blue Capital and Hudson River Trading Europe Ltd already joined SIX Swiss Exchange. As of today, the number of participants amounts to 106.
Outstanding liquidity
SIX Swiss Exchange has the best order book quality in the world for Swiss securities, even for large volumes. The average size of trades in SMI securities is more than twice that of alternative trading platforms. You can explore the extensive liquidity available with our free online tool " Equity Liquidity Matrix" (ELM), which allows you to compare five standard measures, including the EBBO (European Best Bid and Offer) and the EBBO Size (European Best Bid and Offer with Largest Executable Size). Find out more on our website and in our publication Benefits for trading participants (eBook).
