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 Swiss Market Index

WikiFX | 2022-08-01 09:48

Abstract: Swiss Market Index (SMI) is a stock market index in Switzerland, made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. The Swiss Market Index (SMI) was introduced on June 30, 1998 at a baseline value of 1,500 points, and it closed the symbolic level of 10,000 points for the first time on July2, 2019. SMI is currently in a bull market, which it entered on May 25, 2021, after breaking its previous record. Then, this ended the bear market that had started on March 12, 2020. It reached the 12,000 points milestone on June 17, 2021.  In 2020, the SMI, along with the other six indices, was endorsed under the EU Benchmark Regulation and is registered with the European Securities and Market Authority, which means that it can be used as an underlying for financial products sold in the EU.

General Information

Swiss Market Index (SMI) is a stock market index in Switzerland, made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. The Swiss Market Index (SMI) was introduced on June 30, 1998 at a baseline value of 1,500 points, and it closed the symbolic level of 10,000 points for the first time on July2, 2019. SMI is currently in a bull market, which it entered on May 25, 2021, after breaking its previous record. Then, this ended the bear market that had started on March 12, 2020. It reached the 12,000 points milestone on June 17, 2021.

In 2020, the SMI, along with the other six indices, was endorsed under the EU Benchmark Regulation and is registered with the European Securities and Market Authority, which means that it can be used as an underlying for financial products sold in the EU.

Contact Information

For any inquiries, or trading-related information, clients can get in touch with this brokerage platform through the following contact channels:

Telephone: +74999900146

Email:support@swissmarketindex.com

Company Address:

· PULS 5 - Giessereihalle, Giessereistrasse 18, 8005 Zürich, Швейцария

· Пресненская наб., 2, Москва, Россия, 123317

Indicator

Related broker

No Regulation
Swiss Market Index
Company name:Axe Capital FS Ltd.
Score
1.52
Website:https://swissmarketindex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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