
Organisation
SWX Europe Limited (SWX Europe), governed as a Recognised Investment Exchange (RIE) under English law, is a wholly-owned subsidiary of SWX Europe Holdings Limited and supervised by the Financial Services Authority (FSA). SWX Europe Limited is a private company owned by the SWX Swiss Exchange.
Responsibility for strategy is centralized, and - to the extent permitted by regulatory procedures - both exchanges are run by a single management team. The amalgamation has resulted in an efficient allocation of resources for central services, marketing and sales, as well as for market control.
Originally established as a joint venture with a consortium of leading investment banks, SWX Europe came under full control of the SWX Group in 2003. Since 2008, SWX Europe is part of the Cash Markets division at Swiss Financial Market Services, which includes the SWX Swiss Exchange as well as the market data provider Exfeed.
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