In July 2017 SwissAtMid enjoyed a new record turnover of just under CHF 500 million. 21 July was a new single
day record for the service with over 43 million CHF traded across the market. Average daily turnover for the
month ended up at over CHF 23 million. Trading participants saved an average of over 8 bps in the Small and
Mid Cap Segment and 4 bps in the Blue Chip shares by using SwissAtMid.
Rob Cranston, Head Equity Product Management, comments: "It is great to see the value being generated for
firms using the service. The first service offering a truly accurate mid-point price for Swiss instruments
has been very well received and we can see further growth to come."
The detailed figures are available in the for SwissAtMid Monthly Execution Report[pdf].
If you'd like to subscribe to the report and receive it per e-mail, please contact our Equity Product Management team. Previous editions of the report are available in the archive.
Providing best execution and price improvements
SIX Swiss Exchange at Midpoint offers all participants best execution possibilities on Swiss equities with price improvement over
visible pricing on the exchange. SwissAtMid combines a non-displayed order book and the specific "Sweep" order type.
A video clip on our website shows you how SwissAtMid
works and how participants can enjoy its numerous benefits.
SwissAtMid was successfully introduced in October 2016. It is operated in parallel to SLS, the long-standing partnership
between SIX Swiss Exchange and Liquidnet that offers block liquidity in a pan-European securities universe with unrivalled
average execution size and minimal market impact.
Our website provides more information on Trading without pre-trade transparency.
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