Scoach Leads The European Market In 2010 As Well - Europe’s Largest Certificate Exchange Reports Consolidated Trading Volume Of EUR 48.3 Billion - Number Of Structured Products Hits Record high

Boasting a turnover of EUR 48.3 billion on its Zurich and Frankfurt trading platforms in 2010, Scoach remains the highest-volume exchange for structured products in Europe.

The number of trades executed last year at Scoach in Frankfurt rose to 2.5 million – an increase of over 7% compared to 2009. The volume of trades for international investors grew by 50% and accounts for more than 12% of total transactions. According to the exchange statistics published by the German Derivatives Association, Scoach has developed above-average in the German market over the past three years.

In 2010, the Swiss market posted a 7% increase in turnover to CHF 39.7 billion (EUR 30.1 billion). Asset managers and institutional clients in particular are making greater use of regulated exchange trading, which led to a record increase in listings of over 42%.

At end-2010, the number of listed products in the German market was 31% higher at 512,000. Currently more than 3,000 securities are admitted for trading each day.