Swissquote (SWX: SQN) has confirmed that its 1:10 split shares will begin trading publicly on 28 May 2026. This means every existing share was divided into 10 new shares, with the share price adjusted proportionally downward.
Another Share Split for Swissquote
Announced today (Tuesday), the date confirmation followed shareholders of the brokerage approving the share split plan earlier this month.
The split shares will begin trading on SIX Swiss Exchange under a new Swiss security number (154823524) and ISIN (CH1548235246). The opening price of the split SQN shares will be set by reference to the closing price on 27 May 2026.
Meanwhile, the share split will be registered with the Commercial Registry on 26 May 2026. The number of Swissquote shares will increase to 153,281,700 (from 15,328,170 currently), and the par value of the Swissquote share will be CHF 0.02 (from CHF 0.20 currently).
Share splits are common, as companies often take such steps to make their shares more accessible, typically after a price rally. Among listed brokerages, Interactive Brokers split its shares last year at a ratio of 1:4 when its shares were trading near their then-peak value. Following the split, IBKR shares climbed even higher and are now trading near an all-time high.
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Will It Push Swissquote's Shares Higher?
Swissquote is also splitting its shares after a rally, but they are currently trading well below the peak reached in August last year.
The Swiss brokerage giant’s goal with the share split is mainly to improve accessibility and liquidity for retail investors, given the company’s high share price.
Listed in May 2000, the upcoming split will be Swissquote’s second. It underwent a similar 1:10 share split in May 2007.
The company’s roots go back decades. Marc Bürki and Paolo Buzzi founded its precursor, Marvel Communication SA, in 1990, and Swissquote itself was established in 1996 as a financial platform giving retail investors real-time access to Swiss exchange securities. The IPO in 2000 coincided with the broader dot-com boom, and in the same year, Swissquote also obtained its banking licence.
