Exchange periods
Trading on the SIX Swiss Exchange is divided into different periods: pre-opening, opening,
continuous trading, close of trading and post-trading. Most transactions are executed during
continuous trading.
The table below shows the trading hours for all product groups traded on the SIX Swiss Exchange.
The Exchange System opens at 6 a.m. and closes at 10 p.m.
 |  |  |  | |
Description
|
Opening
|
Closing Auction
|
Close
| |
All shares traded on SIX Swiss Exchange |
9:00 a.m.
|
5:20 p.m.
|
5:30 p.m.
|
 |  |  |  | |
Description
|
Opening
|
Closing Auction
|
Close
| |
Swiss Federal Bonds
|
8:30 a.m.
|
none
|
5:00 p.m.
| |
Bonds (except for Swiss Federal Bonds)
|
9:30 a.m.
|
none
|
5:00 p.m.
|
|
Fund Market and Exchange Traded Products
|
 |  |  |  | |
Description
|
Opening
|
Closing Auction
|
Close
| |
ETFs on Swiss Federal Bonds
|
9:00 a.m.
|
none
|
5:00 p.m.
| |
ETFs (except for Swiss Federal Bonds)
|
9:00 a.m.
|
none
|
5:30 p.m.
| |
ETSFs
|
9:00 a.m.
|
none
|
5:30 p.m.
| |
Investment funds
|
9:00 a.m.
|
5:20 p.m.
|
5:30 p.m.
| |
Exchange Traded Products (ETPs)
|
9:00 a.m.
|
none
|
5:30 p.m.
|
 |  |  |  | |
Description
|
Opening
|
Closing Auction
|
Close
| |
Warrants on Swiss Federal Bonds
|
9:15 a.m.
|
none
|
5:00 p.m.
| |
Warrants on equity securities, baskets, indices, commodities, and currencies; structured warrant products, certificates, structured bond products
|
9:15 a.m.
|
none
|
5:15 p.m.
| |
Rights
|
9:15 a.m.
|
none
|
5:15 p.m.
| |
Interest-rate derivatives, credit-linked notes, bond-linked notes
|
9:30 a.m.
|
none
|
5:00 p.m.
|
More information on Exchange periods, trading hours, market models and extraordinary situations
Order validity
In connection with the Exchange periods, your buy and sell orders may take on other forms that are
purely time-based.
 |  | |
Description / Price/limit:
|
Description
| |
Good for day / Market or limit
|
Your order is valid from the time it is entered until the close of the trading day. This is also
called "valid for day". It is the shortest possible duration of order validity.
|
 |  | |
Description / Price/limit:
|
Description
| |
Good-till-date / Market or limit
|
Your order is valid from the time of entry until a date specified by you, provided the order is
not executed in this period. You may cancel the order as long as it has not been executed.
|
|