An order-driven electronic market for pan-European blue-chip securities, created in 2001 from London's Tradepoint Investment Exchange with the involvement of the SWX Swiss Exchange. Clearing is through LCH.Clearnet (see London Clearing House) and SIS x-clear and the deals are settled through CREST, Euroclear, and Sega Inter Settle. virt-x was renamed SWX Europe in March 2008; it is a Recognized Investment Exchange under the UK Financial Services Authority.
http://www.swxeurope.com/index.html Website of SWX Europe
Subjects: Financial Institutions and Services.