SIX Swiss Exchange concludes upgrade of trading platform
SIX Swiss Exchange has successfully completed the upgrade of its X-stream INET trading platform, once again underlining its status as one of the most technologically advanced exchanges in the world.
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Alongside forward-looking improvements in performance and capacity, the stability of response times has been raised to a world-leading level. This means that market participants have even more reliable information on whether their orders have been executed, enabling them to act accordingly. This improvement plays a key part in fostering stable and orderly exchange trading.
When it comes to technology, SIX Swiss Exchange is one of the leading exchanges in the world. Its stock exchange system achieves top levels in terms of stability and availability. The latest upgrade to the trading platform as of 1 July 2017 cemented the technological leadership of SIX Swiss Exchange and safeguarded its future performance potential.
Thanks to the upgrade, 99.9% of orders submitted will receive a response within 29 microseconds. Active stock exchange trading will therefore become even more reliable for participants, especially in markets featuring exceptionally high volatility, as they will have precise information about the status of their orders. This will contribute to higher-quality pricing, especially in choppy markets, giving market players and investors a tangible advantage.