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- In the SFS segment of SIX Swiss Exchange investors can now trade 70 stocks also in US Dollar. Renell Wertpapierhandelsbank AG acts as Market Maker
SIX Swiss Exchange is consolidating its position as a leading trading venue for international blue chips. From today SIX Swiss Exchange is enabling investors to trade certain US stocks in its Sponsored Foreign Shares trading segment directly in US dollars, thereby lending them even more flexibility in the implementation of their investment decisions.
Renell Wertpapierhandelsbank AG is acting as sponsor and market maker for an initial 70 US stocks. These include the world's ten most highly valued companies - Apple, Alphabet (formerly Google), Microsoft, Amazon, Berkshire Hathaway, Exxon Mobil, Facebook, Johnson & Johnson, General Electric and Wells Fargo. You can find a list of all the new admissions on our website.
Attractive selection of stocks
"We are pleased to offer US stocks in an additional trading currency. In this way we are enhancing the attractiveness of our securities universe in the Sponsored Foreign Shares trading segment for Swiss investors", comments Marc Renell, CEO of Renell Wertpapierhandelsbank AG.
"Sponsored Foreign Shares open up the whole world to investors. Private investors can buy and sell stocks, for example via online trading tools, during their usual trading hours on SIX Swiss Exchange and thereby potentially benefit from major cost savings", adds Gregor Braun, Head Product Sales at SIX Swiss Exchange.
The whole world on one exchange
The stocks that are now available in USD continue to be tradable in Swiss francs during Swiss trading hours along with more than 400 additional international blue chips, for which ICF BANK AG Wertpapierhandelsbank also acts as sponsor along with Renell Wertpapierhandelsbank AG. More information about the advantages of the trading segment launched in November 2014 and about the sponsors can be found on our website.
