Computershare has entered into an agreement with SWX Swiss Exchange to supply Computershare’s X-stream central exchange trading platform to enhance their trading capacity in quote-driven product segments.
SWX has formally launched the new programme under the name “Quotematch” with the aim of enabling high-volume quoting capabilities for market makers in the SWX and virt-x quote-driven markets, primarily in Warrants, Bonds and Exchange Traded Funds.
Computershare X-stream supports a range of product classes and market models on a single platform. X-stream’s diverse set of market models includes order and quote driven markets, call markets, negotiated markets and hybrid market models combining each of these. It allows the concurrent trading of equities and debt, futures, options, swaps and FX, and it provides one of the most sophisticated strategy order trading capabilities available today, including implied order generation and legging-risk free execution of multi-leg strategy orders.