SWX Trading System Connectivity & Quote System

Participants operate and maintain the necessary IT infrastructure locally. Participants can currently choose one of the following options:

• Connection as Price Taker
• Connection as Market Maker

These connectivity options may be interesting for participants which either

• require the full functionality of the Trading System and high capacities and an order-driven market (Connection as Price Taker), or
• require a high quoting capacity and market data for quote-driven markets (Connection as Market Maker - dedicated line connection), or
• require a Trading System infrastructure together with sufficient quoting capacity and reasonable, but limited, market data (Connection as Market Maker - shared connection via Gateway).