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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 securities such as Swiss government bonds and derivatives suc ...
.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 List of urban areas in the United Kingdom, 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 dow ...
, it was supervised by the UK's
Financial Services Authority The Financial Services Authority (FSA) was a quasi-judicial body accountable for the regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 19 ...
(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 securities such as Swiss government bonds and derivatives suc ...
.


References


External links


SWX Europe Homepage
Former electronic trading platforms {{stockexchange-stub