Swiss Stock Market - Stock Market

Swiss Stock Market

The Swiss stock market is based in Zurich, Switzerland. Along with the Deutsche Borse, the Swiss stock market is joint owner of the Eurex. As the largest exchange in Switzerland, the Swiss stock market came to be through a merger between the main exchanges of the country. The only domestic competitor of the Swiss stock market is the Berne eXchange, which is much smaller. The Swiss stock market is the third largest exchange in Europe and the world's sixth largest security exchange. In 2006, the Swiss stock market broke its previous record for total turnover. The year also brought growth in trading volume and turnover.

Shares, bonds, exchange traded structured funds, exchange traded funds and other funds are all traded over the Swiss stock market. The Swiss stock market recorded a 2006 trading volume growth of 62% and turnover growth of 49%. The Swiss stock market was the very first fully automated exchange. Known as one of the most technologically advanced exchanges in the world, the Swiss stock market continues to be a leader in exchange systems innovation. The Swiss Market Index (SMI) is the main index of the Swiss stock market. The SMI covers the 30 largest and most liquid large and medium capital stocks.