Trades in QOD are published immediately after execution, further strengthening post-trade transparency. Trade execution reports will also be made available on the business day following the execution.
ETFs were increasingly traded over-the-counter in the past. With this addition to the existing order book, QOD offers investors the opportunity to trade ETFs in a bidding process on the Swiss Stock Exchange. The combination with the existing “Quote Driven Market” order book and QOD provides investors with additional liquidity on the SIX trading venues. Additionally, with automatic execution, large orders can now easily be processed in a fully automated way via the trading platform.
With the launch of this new service, the Swiss Stock Exchange is raising the profile of ETF trading.
Read More:
