SIX Swiss Exchange has extended its transaction capacity from June 14, 2010, to enhance trading in equities. The capacity increase is targeted at the equities market and enables the exchange to satisfy a growing need for higher turnover and lower latency.
In addition, SIX Swiss Exchange supports remote market participants to reduce latency by extending the choice of proximity service providers, thereby enabling remote participants to benefit from sub-millisecond latency.
According to SIX Swiss Exchange, improvements will be made to the trading interfaces to better support automated trading and direct market access, and will be made available in the second half of 2010.
For remote market participants, SIX Swiss Exchange has extended Proximity Services, which allow participants of the Swiss exchange to overcome the disadvantage of geographical distance and to enjoy the same low latency as any participant located in the Zurich area.
SIX Swiss Exchange, in association with Colt who have pioneered this service, provides remote participants with a wider choice of locations and services to suit their particular needs.
The Swiss exchange claims that proximity hosting clients will enjoy the same sub-millisecond latency as any Zurich-based market participants.
SIX Swiss Exchange, a securities exchange in Switzerland, provides customers with first-rate securities exchange services and brings together participants, issuers and investors in an efficient and transparent
marketplace.