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adVErTorIal<br />
The investor in the forefront<br />
Investor protection and exchange trading go<br />
hand in hand. That is because transparency<br />
and the equal treatment of all investors are the<br />
foundation of regulated trade on the sIx swiss<br />
<strong>Exchange</strong>.<br />
17 ExchangE TradEd ProducTs & IndExIng guIdE <strong>Switzerland</strong> <strong>2013</strong><br />
www.fotolia.com<br />
urs WIdMEr<br />
In its first Article, the Federal Act on Stock <strong>Exchange</strong>s and Securities<br />
Trading (SESTA), or the Stock <strong>Exchange</strong> Act for short,<br />
states that transparency and equal treatment must be ensured<br />
for all investors. Fulfilling that task is of central importance<br />
for the Swiss <strong>Exchange</strong>. Thanks to its proven system of selfregulation,<br />
it does this efficiently and practically.<br />
Safety through information<br />
SIX Swiss <strong>Exchange</strong> ensures transparency with its information<br />
offering. Investors can review the Swiss <strong>Exchange</strong> website to<br />
obtain a picture of all trading activities in all segments. During<br />
trading times, an electronic order book is shown on the site for<br />
each security and for each fund. This allows purchase and sales<br />
orders that have not yet been carried out to be observed with a<br />
15-minute delay or, if desired, in real time. Additional columns<br />
on the website provide information on what volumes (quantity<br />
or nominal) there are for each price level in the order book.<br />
Historical trading data are also available, of course.
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