Swissquote becomes 23rd issuer for structured products at SIX Swiss Exchange

Rick Steves

Specialized in global stock market 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 has welcomed Swissquote as the 23rd issuer for structured products at SIX Swiss Exchange, with the first product being a 13.00 % p.a. Callable Multi Barrier Reverse Convertible on Logitech and Temenos Group.

Swissquote is a major online trading company headquartered in Switzerland with over three million financial products that can be traded on its platforms.

41,269 structured products on SIX

By the end of December, there were 41,269 structured products and warrants available to investors on the SIX Swiss Exchange and a trading turnover of CHF 20.1 billion and 778,030 trades.

Christian Reuss, Head SIX Swiss Exchange, commented: “We are pleased to welcome Swissquote, a long-standing 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 further investment and diversification opportunity and enrich the exchange’s offering”.

Peter Rosenstreich, Head Investment Products at Swissquote, adds further: “Swissquote’s goal to become an issuer for structured products highlights our commitment to innovation and continuous evolution. Listing our products at SIX Swiss Exchange will be the key catalyst for the further development of our retail and institutional client-centric offerings”.

Swissquote expands on stock CFDs and Crypto

Specialized in global stock market 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 has recently announced the upcoming launch of its crypto exchange, to go live before June 2022. The venue will feature 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 address this high demand, with its compliance and customer service teams giving full attention to the emerging asset class.

The brokerage firm 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 firm also expanded its offering with CFDs on single stock CFDs. The case for adding more assets has been growing in recent years as the company’s clients from certain regions, including fund managers, hedge funds, and commodity trading advisors, are keen to actively trade local stocks.

The brokerage firm already allowed its clients to trade CFDs on Swiss, German, French and British blue chip stocks as well as CFD with US stocks as underlying assets on its Advanced Trader and Metatrader platforms.

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