SIX Swiss Exchange Launches Trading Simulation Course

SIX Swiss Exchange announced today that it is offering a new course allowing Stock Brokers Stock Brokers A stock broker is a company, individual, or entity that is authorized to buy and sell stocks or other financial instruments. Brokers’ main function includes buying and selling orders on a trader’s behalf. Through innovation and a byproduct of us residing with the technology era, more and more traders are beginning to open brokerage accounts with online brokers.In the past, many brokers accrued money through charging a commission on every trade but as competition has strengthened and technology h A stock broker is a company, individual, or entity that is authorized to buy and sell stocks or other financial instruments. Brokers’ main function includes buying and selling orders on a trader’s behalf. Through innovation and a byproduct of us residing with the technology era, more and more traders are beginning to open brokerage accounts with online brokers.In the past, many brokers accrued money through charging a commission on every trade but as competition has strengthened and technology h Read this Term, Market Makers Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term and day traders to experience first-hand several equity trading sessions and be involved in their own trades.

The 'Trading Simulation' module is aimed at making the exchange easier to understand while bolstering financial know-how.

The course runs through various scenarios with different equities in the following trading situations: continuous trading, auctions and various order books, both lit and non-displayed.

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As equity traders or market makers, participants will be able to measure themselves against their fellow participants. Different order types and Volume Weighted Average Price (VWAP) analyses will make it possible for participants to compare their performance against the market and each other.

The course is aimed at prospective traders or other staff such as back office, analysts, client advisers from SIX Swiss Exchange participants and other reporting members, certified accountants and advisers or software providers, risk managers and controllers.

The 'Trading Simulation' module is a valuable addition and enhancement to trader training and is aimed at making the exchange easier to understand while bolstering financial know-how.

The course will take place in Zurich. Further information is available on the website.