SWISS EXCHANGE PULLS LONDON TRADING BACK TO ZURICH

Posted November 11, 2008

ZURICH – SIX Swiss Exchange AG plans to move trading of 32 Swiss blue chip stocks now conducted on SWX Europe in London (formerly virt-x) to its main exchange in Zurich by mid-2009.

The move will also create a harmonized regulatory environment for all Swiss stocks by making trading of Swiss Market Index and Swiss Leader Index stocks subject only to Swiss regulation and surveillance, instead of being also subject to European Union and UK regulation.

The move also promises greater efficiency and lower cost in trading. The transfer will not affect trading systems or require any market participant changes or adjustments, according to SIX Swiss Exchange.