SWX Group is reducing trading tarrifs on virt-x. There will be a substantial reduction across all Swiss, pan – European blue chip trading and ETFs from 1 January 2007.
In addition to this there will be a waiver of all trading fees on virt -x from 1 October 2006 until 31 December 2006.
“The SWX Group is focused on evolving its exchange services to continually meet the needs of the trading community,” says Jrg Spillman, Head of the Group Executive Committee, “As a member-owned organisation, the benefits of the Group’s success this year can be directly returned to our participants, our users will benefit in the form of cost savings both in the short term via the three month fee waiver and on an ongoing basis through reduced fees and simplification of our tariff structure.”