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
Do you think that trading in the most volatile currency pairs is a loss-making proposition? Maybe you are missing out on the profit waiting for you! Yes, you still need to be tactical and strategic when opening and closing positions. However, the increased possibility of dramatic price movements in currency pairs opens up avenues for higher profits while also exposing you to market risks. In this article, we will discuss the most volatile forex pairs worldwide. Read on!
Market Profile is a powerful trading tool that clearly shows where market activity concentrates—enhancing your trade decisions and timing.
Are you aware of the technical analysis tools that greatly determine the forex market’s direction? What do these tools do and why do avid traders eye these every day? If not, then start becoming aware of these tools that greatly dictate your forex earnings over time. Without any further ado, let’s start discussing these tools and their impacts.
Vault Markets, a South African-based broker, has attracted much attention in recent days, particularly within its region. This online broker only offers access to focused trading opportunities on Indices, Currencies, Energies, and Metals, yet it shines on low minimum deposits plus various bonus programmes, which would encourage more investors, especially beginners, to trade with a small budget. However, Vault Markets operates outside of the authorized scope, so we don't consider it solid to trade with.