Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Zürcher Kantonalbank New Sponsor In The Sponsored Funds Trading Segment Of SIX Swiss Exchange

Date 18/11/2013

Zürcher Kantonalbank becomes the second sponsor to enter the trading segment for traditional investment funds of SIX Swiss Exchange and takes over market making for 32 funds.

As new sponsor and market maker, Zürcher Kantonalbank is launching 18 new products for trading on SIX Swiss Exchange. It is also assuming market making for 14 additional products for which Bank Julius Baer already serves as market maker. Including the products offered by Julius Baer, effective today a total of 304 sponsored funds will be traded on SIX Swiss Exchange.

The Sponsored Funds trading segment allows investors to trade traditional investment funds on the stock exchange as easily and efficiently as equities – on schedule and in line with the market. Trading on the stock exchange offers clear advantages for investors. A market maker gives firm buy and sell prices for every fund on a continual basis. This means that investors can sell or buy fund units at current prices at any time. On the primary market, by contrast, the execution price is calculated and order executed with a time delay, meaning that the definitive price is not yet known at the point of purchase or sale. What is more, regulated stock exchange trading offers investors considerable advantages in terms of security and transparency.

Further information on the subject of Sponsored Funds: http://www.six-swiss-exchange.com/funds/sponsored_funds_en.html