SWX Europe, formerly virt-x (virt-x Exchange Limited) and Tradepoint, was an electronic cross-border share
trading platform
In finance, an electronic trading platform also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary. Various financial products c ...
that operated between 1995 and 2009. In 2009 all business was transferred to its owner
SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and d ...
.
[http://www.swxeurope.com/index.html]
History
Tradepoint Investment Exchange was founded by three former employees of
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
in 1995. It was an
order-driven market, and was known as ''Tradepoint''. As a
Recognised Investment Exchange (RIE) based in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
, it was supervised by the UK's
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the financial regulation, regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investmen ...
(FSA).
In late 2002, it became the subject of a takeover offer by the Swiss exchange,
SWX. The sale was completed and at that point it became a wholly owned subsidiary of that group. To reflect the new owner the name was changed to Virt-x which was short for virtual exchange.
In early 2008, virt-x formally changed its name to SWX Europe.
virt-x changes its name to SWX Europe
March 3, 2008, retrieved July 5, 2008.
As of 30 April 2009, SWX Europe ceased trading and all business was transferred to SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and d ...
.
References
External links
SWX Europe Homepage
Former electronic trading platforms
{{stockexchange-stub