Zurich an alliance with Tradepoint

The Swiss stock exchange SWX has announced an agreement with Tradepoint, the London-based electronic market controlled by some of the largest global investment banks and the Group of Reuters. At a time of turmoil for the various negotiations under way between the European markets (the axis between the stock exchanges in London and Frankfurt, the alliance between the child Paris, Amsterdam and Brussels), this initiative will be successful, experts say if it is able to anticipate the departure of the competitors. According to the promoters of the new market, their strength will be the full integration of trading systems, settlement and clearing, so as to minimize costs.

Tags: Bank, banks, euro, exchange, invest, investment, market, markets, New, Oil, stock, Swiss, trading

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Tags: Bank, banks, euro, exchange, invest, investment, market, markets, New, Oil, stock, Swiss, trading

This entry was posted on January 27th, 2010 and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.