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 ...

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 Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and deriv ...

History

Tradepoint Investment Exchange was founded by three former employees of

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

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 city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, 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 1985 ...

(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. As of 30 April 2009, SWX Europe ceased trading and all business was transferred to

References

External links

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