Swiss Stock Exchange Trader Training & Exam Preparation

Q: In which languages can the individual exams be taken?

The exams can be taken in English and German.

Q: What is the best way to prepare for an exam?

SIX Swiss Exchange offers preparatory courses covering the relevant topics for all four exams. We recommend that Senior Traders > 5 years of professional experience take the training course for Licensed Traders (Trading module). These courses can be provided on site as required.

Q: Where are the individual exams held, and what is the administrative procedure?

Participants Once the trader/reporting agent is signed up for the exam, the responsible Head Exam (Compliance Officer) at the participant company receives the login details needed for the trader/reporting agent to take the exam. The Compliance Officer is responsible for the proper handling of the exam. SIX Swiss Exchange sends the licence directly to the trader/reporting agent (cc: Head Exam) by e-mail once the exam is passed. Reporting Members At the premises of SIX in Zurich.

Q: Are any practice questions available to help prepare for the exam?

Practice questions are available in the form of a self-study test.

Table of Contents

Benefits
Which Exam Do You Have to Take?
Self-Study Documents
Trader Training
Self-Study Test
Trader Examination
Contact

Set the Foundation for Trading on the Swiss Stock Exchange.

With the SIX Swiss Exchange Trader Examination, traders prove that they have the necessary knowledge and skills to trade securities on the Swiss Stock Exchange.

Our modules "Trading” and "Rules and Regulations" provide all the necessary information you will need to successfully pass the exam and get hold of the trading license. Read up on the subject matter before the training. The training takes one day, for already licensed traders half a day. To ensure that you are well prepared for the exam, we go through the modules together with you.

Are You Ready?

With the help of the modules and our specialised training, you will be optimally prepared for the Swiss Stock Exchange Trader Examination.

Register Now!

How You Will Benefit

Recognised Trader License

By successfully completing the Trader Examination – recognized across the industry – you will be able to trade on the Swiss Stock Exchange.

Keep Your Knowledge up to Date

With our modules, you keep your Swiss Stock Exchange knowledge up to date.

Advanced Training Opportunities

With our advanced training courses, you can expand your knowledge and thus potentially boost your career.

Which Exam Do You Have to Take?

Passing the trader examination offers several advantages. On the one hand, you receive a trader's licence recognised by the Swiss Stock Exchange, on the other hand, you build up your knowledge or keep it up to date.

Trader Examination

you are employed by a SIX Swiss Exchange AG Participant or Reporting Member

More examination details
Register

Trader Examination for
Licensed Trader

you are employed by a SIX Swiss Exchange AG Participant or Reporting Member
you hold a recognized license by SIX Swiss Exchange AG
or your SIX Swiss Exchange AG license has expired since 2 years or more

More examination details
Register

Trader Examination
for Licensed Senior Trader

you are employed by a SIX Swiss Exchange AG Participant
you hold a recognized license by SIX Swiss Exchange AG
and you have more than 5 years of professional experience without interruption since obtaining your recognized license

More examination details
Register

Self-Study Documents

Which documents do you need to prepare for your course or exam?

Documents for Trader Training / Exam Documents for Trader Training & Examination for Licensed Trader / Senior Trader

Module Trading

further documents

Module Rules and Regulations

Trading on SIX Swiss Exchange AG, Module Rules and Regulations

* These documents are at your disposal electronically during the exam.

Module Trading

* These documents are at your disposal electronically during the exam.

Trader Training

Details Content Registration

Details
Target Audience	Traders who are employed by a SIX Swiss Exchange Participant or a Reporting Member who either do or do not have a license recognized by SIX Swiss Exchange
Duration	1 day for Trader Training (Modules Trading & Rules and Regulations) ½ day for Trader Training for Licensed Traders (Module Trading) ½ day for Trader Training for Licensed Senior Traders (Module Trading)
Timetable	09:00 - 13:00 Module Trading 14:00 - 18:00 Module Rules and Regulations
Cost	CHF 1'000 Trader Training CHF 500 Trader Training for Licensed Traders CHF 500 Trader Training for Licensed Senior Traders
Location	SIX premises in Zurich or Webinar
Language	German and English

Please note that cancellations or postponements must be submitted in writing to Member Education at least one week prior to the training date, otherwise no reimbursement of the fee can be guaranteed.

Trader Training Trader Training for Licensed Trader / Senior Trader

Module Trading

Market participants
General principles of trading
Exchange periods
SWXess (SIX Swiss Exchange platform)
Trading on the order book
Trading outside of the order book
Trading parameters
Clearing and settlement
Matching rules

Module Rules and Regulations

Regulatory Basis
Issuer Regulations
Regulations for Participants and Traders
Surveillance & Enforcement
Sanctions

Module Trading

Market participants
General principles of trading
Exchange periods
SWXess (SIX Swiss Exchange platform)
Trading on the order book
Trading outside of the order book
Trading parameters
Clearing and settlement
Matching rules

Registration Trader Training

Trader Training for Trader Trader Training for Licensed and Senior Trader

Date	Time	Course Language	Location	Booked / Total Available	Cost
23 Jan 2025	08:30 - 17:00	German	Zurich	7 / 12	CHF 1000	Register

Date	Time	Course Language	Location	Booked / Total Available	Cost
16 Jan 2025	09:00 - 15:00	English	Webinar	2 / 20	CHF 500	Register

On-Site Training

Details Content Booking Request

Details	Training for Traders	Training for Licensed / Senior Traders
Course Duration	1 day	1/2 day
Timetable	09:00 - 13:00 Module Trading 14:00 - 18:00 Module Rules and Regulations	09:00 - 13:00 Module Trading
Cost	CHF 1'500 per person, including training materials	CHF 1'000 per person, including training materials
Location	Provided on-site at the Participant's or Reporting Member's premises.
Languages	German and English

Modules for Trader Training Module for Trader Training for Licensed / Senior Trader

Module Trading

Market participants
General principles of trading
Exchange periods
SWXess (SIX Swiss Exchange platform)
Trading on the order book
Trading outside of the order book
Trading parameters
Clearing and settlement
Matching rules

Module Rules and Regulations

Regulatory Basis
Issuer Regulations
Regulations for Participants and Traders
Surveillance & Enforcement
Sanctions

Module Trading

Market participants
General principles of trading
Exchange periods
SWXess (SIX Swiss Exchange platform)
Trading on the order book
Trading outside of the order book
Trading parameters
Clearing and settlement
Matching rules

Booking Request

Chosen Training

Language* German English

Training for* Trader Licensed / Senior Trader

Your message* Number of people, Preferred dates, etc.

Contact Person

Title* Ms. Mr.

First name* Last name*

Birthday*

E-mail (business)*

Business Phone Number*
International area code

Number

Company Details

Participant Type* Participant Reporting Member

Street, Number*

Zip Code*

City*

Country*

Privacy Statement* I have read the SIX Privacy Statement and accept it.

* Mandatory field

Test Your Knowledge - Self-Study Test

The following self-test helps you to test your level of know-how.

As in the exam they are based on multiple-choice questions.

Self-Study Test Trader Examination

Test your knowledge

Self-Study Test Trader Exam for Licensed Traders / Senior Traders

Test your knowledge

Trader Examination

Details Procedure and Exam Structure Registration

Details
Target Audience	Traders who are employed by a SIX Swiss Exchange Participant or a Reporting Member who either do or do not have a licence recognized by SIX Swiss Exchange.
Duration	2 hours for Trader Examination 1 hour for Trader Examination for Licensed Traders 1 hour for Trader Examination for Licensed Senior Traders
Cost	CHF 550 Trader Examination CHF 500 Trader Examination for Licensed Trader CHF 500 Trader Examination for Senior Trader
Location	On-site for Participants At SIX premises for Reporting Members
Language	German and English

Procedure

The exam is conducted:

online at the Participant's premises under the supervision of the responsible Compliance Officer
for Reporting Members and others once a month at SIX premises

Exam Structure

multiple-choice exam
Trader Examination: 100 questions
Trader Examination for Licensed Traders: 50 questions
Trader Examination for Senior Traders: 25 questions
the result is shown online at the end of the exam
pass mark: 70%

The Trader Examination for Senior Traders may be retaken 3 time with the same login details.

Further Information for Head Exams

Should a Participant not be able to provide the necessary infrastructure, the exams can also be conducted in the premises of SIX Zurich under our supervision.

- 18 May 2022
Participant requirements for trader and reporting agent examinations

Examination Registration for Participants

Register for Trader Examination

Register for Licensed Trader Examination

Register for Licensed Senior Trader Examination

Examination Registration for Reporting Members and SIX Employees

Register for Trader Examination

Register for Licensed Trader Examination

Registration as a Trader

Registration authorizes a person to act as a trader on a Participant's behalf.

Note: If no registration as a trader is made within 2 years, the license expires and a shortened exam must be taken (trader exam for licensed traders).

Find out more

Resources

FAQ Trader Licenses Recognized by SIX Swiss Exchange AG

How many questions have to be answered in the individual exams?

Trader Examination:	100 questions on the two modules, Rules and Regulations and Trading
Trader Examination for Licensed Traders:	50 questions on the module Trading
Trader Examination for Licensed Senior Traders (with > 5 years of professional experience):	25 questions on the module Trading
Reporting Agent Examination:	25 questions on the module Reporting Agent

How long do the exams take, and can they be repeated if failed?

Trader Examination:	2 hours
Trader Examination for Licensed Traders:	1 hour
Trader Examination for Licensed Senior Traders (with > 5 years of professional experience):	1 hour
Reporting Agent Examination:	1 hour

The Trader Examination and Trader Examination for Licensed Traders can be retaken any number of times (rebook each time). The Trader Examination for Licensed Senior Traders with > 5 years of professional experience can be retaken 3 times. There is no need for the Licensed Senior Traders to rebook the exam. The login details will remain valid.

Which material is relevant for each exam?

Trader Examination:	Modules Rules and Regulations and Trading
Trader Examination for Licensed Traders:	Module Trading
Trader Examination for Licensed Senior Traders (with > 5 years of professional experience):	Module Trading
Reporting Agent Examination:	Module Reporting Agent

Further details of the modules for each exam can be found under Preparatory Documentation.

What is the best way to prepare for an exam? Are any practice questions available to help prepare for the exam? In which languages can the individual exams be taken? Where are the individual exams held, and what is the administrative procedure?

Participants

Trader Examination:	at the Participant's premises
Trader Examination for Licensed Traders:	at the Participant's premises
Trader Examination for Licensed Senior Traders (with > 5 years of professional experience):	at the Participant's premises
Reporting Agent Examination:	at the Participant's premises

Once the trader/reporting agent is signed up for the exam, the responsible Head Exam (Compliance Officer) at the participant company receives the login details needed for the trader/reporting agent to take the exam. The Compliance Officer is responsible for the proper handling of the exam. SIX Swiss Exchange sends the licence directly to the trader/reporting agent (cc: Head Exam) by e-mail once the exam is passed.

Reporting Members
At the premises of SIX in Zurich.

How are the individual exams structured, and what is the pass mark?

The multiple-choice exam is taken online using a computer at the participant's premises. The result is shown online at the end of the exam.

Trader Examination:	Pass mark 70%
Trader Examination for Licensed Traders:	Pass mark 70%
Trader Examination for Licensed Senior Traders (with > 5 years of professional experience):	Pass mark 70%
Reporting Agent:	Pass Mark 70%

What provision will enter into force when trader with the SIX Swiss Exchange license has been deactivated, and needs to be reactivated?

Evidence of sufficient specialist knowledge is deemed supplied if the trader has passed the Trader Examination; Should the trader re-register at a later date, the evidence that was previously supplied will be recognised if no more than two years have elapsed since the previous registration was surrendered. Once this two-year period has elapsed, the trader must supply evidence of his specialist knowledge by passing the examination for Licensed Traders.

What provision will enter into force when a "Reporting Agent" has been deactivated, and needs to be reactivated?

Evidence of sufficient specialist knowledge is deemed supplied if the reporting agent has passed the examination; Should the reporting agent re-register at a later date, the evidence that was previously supplied will be recognized if no more than two years have elapsed since the previous registration was surrendered. Once this two-year period has elapsed, the reporting agent must supply evidence of his specialist knowledge by passing the examination for Reporting Agents.

Trader Licenses Recognized by Six Swiss Exchange AG

Licence / Certificate	Regulator / Exchange
Börsenhändlerprüfung Eurex	Eurex
Börsenhändlerprüfung Xetra	Deutsche Börse AG / Wiener Börse AG
Canadian Securities Course	Canada, Services and Investment (CSI Global Education Inc.)
Certificate in Securities	The Chartered Institute for Securities and Investment
CLICK	NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen
DSI (Senior) Securities trader license	DSI (Dutch Securities Institute)
FCA Recognized exams	FCA
Fixed Income Certificate	International Capital Market Association (ICMA)
General Securities Registered Representative Examination (Test Series 7)	FINRA (Financial Industry Regulation Authority) U.S. Securities and Exchange Commission
HK Securities Institute (HKSI) Licensing Examination Paper 1 (Dealing in Securities)	SFC (The Securities and Futures Commission) of Hong Kong
INET	NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen
JSDA's Examination for Class-1 Sales Representatives	JSDA - Japan Securities Dealers Association Tokyo Stock Exchange
SAXess authorization course	NASDAQ OMX Nordic Market Stockholm Helsinki Copenhagen
Swiss Exchange Trader License	Swiss Exchange Regulation

Member Education

Our training and advanced training offerings provide you with a wide range of courses on the topics of exchanges and financial markets.
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Helpdesk

Set the Foundation for Trading on the Swiss Stock Exchange.

How You Will Benefit

Recognised Trader License

Keep Your Knowledge up to Date

Advanced Training Opportunities

Which Exam Do You Have to Take?

Trader Examination

Trader Examination for Licensed Trader

Trader Examination for Licensed Senior Trader

Self-Study Documents

Module Trading

Module Rules and Regulations

Module Trading

Trader Training

Module Trading

Module Rules and Regulations

Module Trading

Registration Trader Training

On-Site Training

Module Trading

Module Rules and Regulations

Module Trading

Booking Request

Chosen Training

Contact Person

Company Details

Test Your Knowledge - Self-Study Test

Self-Study Test Trader Examination

Self-Study Test Trader Exam for Licensed Traders / Senior Traders

Trader Examination

Procedure

Exam Structure

Further Information for Head Exams

Examination Registration for Participants

Examination Registration for Reporting Members and SIX Employees

Registration as a Trader

Resources

Trader Licenses Recognized by Six Swiss Exchange AG

Newsroom

The SIX Blog

Company

Trader Examination for
Licensed Trader

Trader Examination
for Licensed Senior Trader