Swissquote becomes the 23rd issuer of structured products on the SIX Swiss Exchange
Specializing in global stock trading, digital asset trading and custody, Forex trading and Robo-Advisory, Swissquote has offices in Zurich, Luxembourg, London, Dubai, Hong Kong, Singapore and Malta.
SIX welcomed Swissquote as the 23rd issuer of structured products on the SIX Swiss Exchange, with the first product being a 13.00% pa Callable Multi Barrier Reverse Convertible on Logitech and Temenos Group.
Swissquote is a leading online trading company headquartered in Switzerland that offers more than three million financial products that can be traded on its platforms.
At the end of December, 41,269 structured products and warrants were available to investors on the SIX Swiss Exchange and a turnover of 20.1 billion francs and 778,030 transactions.
Christian Reuss, Head of SIX Swiss Exchange, said: “We are delighted to welcome Swissquote, a long-time exchange participant and innovative provider of trading services, now also as an issuer of structured products on our exchange. . Swissquote’s products offer investors a new investment and diversification opportunity and enrich the stock exchange’s offer”.
Peter Rosenstreich, Head of Investment Products at Swissquote, adds: “Swissquote’s goal to become an issuer of structured products underlines our commitment to innovation and continuous evolution. The listing of our products on the SIX Swiss Exchange will be the key catalyst for the development of our offerings focused on retail and institutional clients”.
Specializing in global stock trading, digital asset trading and custody, Forex trading and Robo-Advisory, Swissquote has offices in Zurich, Luxembourg, London, Dubai, Hong Kong, Singapore and Malta.
The Swiss broker recently announced the upcoming launch of its crypto exchange, which will go live before June 2022. The venue will offer stablecoins and staking services, which are currently in high demand, to the list of cryptocurrency offerings .
The crypto rush has taken over the markets and Swissquote wants to meet this strong demand, with its compliance and customer service teams giving full attention to the emerging asset class.
The brokerage company already allows its clients to trade CFDs on 24 cryptocurrencies: Bitcoin, ethereum, litecoin, XRP, bitcoin cash, chainlink, ethereum classic, EOS, stellar, tezos, augur, ox, cardano, uniswap, aave , cosmos, algorand, filecoin, maker, compound, year.finance, dogecoin, polkadot and solana.
The company has also expanded its offering with CFDs on single stock CFDs. The case for adding assets has grown in recent years as the firm’s clients in certain regions, including fund managers, hedge funds and commodity trading advisers, are keen to actively trade local actions.
The brokerage company already allowed its clients to trade CFDs on Swiss, German, French and UK blue-chip stocks as well as CFDs with US stocks as underlying assets on its Advanced Trader and Metatrader platforms.