Thursday , The stock market that focuses on European retail sale Equiduct said it launched a new Swiss stock slice.
This sector is said to give retail brokers to reach 138 of the most listed shares in Swiss, including blue chips names such as Nestlé, Novartis, UBS and ABB.
They added that all securities are pricing in the Swiss franc and available through the EquidUct platform.
The expansion is a milestone for the European retail stock market, after the official approval of the Swiss Capital Supervision Authority (Finma).
Börse Berlin and Equiduct are now recognized under Article 41 of Finfrag, allowing Swiss banks and brokers to join direct exchange members.
Liquidity in the new sector is said to be backed by well -known market makers and Hudson River Trading and Optiver. The company added that the deals will take advantage of the fully mutual clearing process via the Equiduct network from the central parties, including LCH LTD, CBOE Clear and Switzerland the six.
To support growth in the region, Equiduct revealed the expansion of Massimo Formichi Moglia, President of Italy, to include Switzerland.
“Our Swiss expansion, supported by official recognition of Vinama, represents a great milestone in the Equiduct mission to provide the best implementation of the whole of Europe to retailers,” said Will Azzi, the EquidUct chief official, said: “Our Swiss expansion, supported by official recognition of Vinama, is a great milestone in the Equiduct mission to provide the best implementation of the whole of Europe to retailers,” said Will Azzi, the EquidUct chief official of Equiduct.
“By adding Swiss arrows equal, we continue to enable European retail brokers and their customers with broader arrival, larger transparency and exceptional implementation quality.”
Through this last addition, EquidUCT now offers the best free implementation of the committee and the unified market data for more than 1873 stocks and investment funds circulated across 13 European markets.