Scoach

Scoach was a European exchange platform dedicated to structured products, founded in 2007 as a joint venture between the Swiss SWX Group (later SIX Swiss Exchange AG) and Deutsche Börse AG. It was created to consolidate the trading of warrants and certificates, and it quickly became the leading European exchange in the structured products segment. The venture operated two platforms: Scoach Europa AG, based in Frankfurt, served the German and broader European market, while Scoach Schweiz AG, based in Zurich, served the Swiss market. The project was first announced on 5 May 2006, when the SWX Group and Deutsche Börse declared their intention to pool their warrants and certificates activities. The contract was signed on 23 October 2006 under the working name "Alex", and operations began on 1 January 2007. On 1 September 2007 the joint venture adopted the name Scoach. A major milestone came on 28 April 2008, when Scoach migrated trading in around 300,000 products in Germany from the floor of the Frankfurt Stock Exchange to a new version of the fully electronic Xetra trading platform. This gave more than 260 connected banks and securities trading firms direct access to what was described as the broadest range of structured products worldwide. The joint venture was dissolved in mid-2013. From 1 July 2013, Scoach Europa AG became a wholly owned subsidiary of Deutsche Börse AG, and Scoach Schweiz AG became a wholly owned subsidiary of SIX Swiss Exchange AG. The two platforms were then operated independently. On 1 November 2013, Scoach Europa AG was renamed Börse Frankfurt Zertifikate AG, and Scoach Schweiz AG was renamed SIX Structured Products Exchange AG. The Scoach brand thus disappeared in Germany. The website zertifikateboerse.de is associated with the German certificates exchange that succeeded Scoach.

Scoach was a joint venture exchange for structured products created by the Swiss SWX Group and Deutsche Börse AG. On 5 May 2006, the two exchanges issued a joint press release announcing their intention to bundle their warrants and certificates activities. The contract for the joint project, initially named "Alex", was signed on 23 October 2006, and operations started on 1 January 2007. On 1 September 2007, the joint venture was renamed Scoach. The venture operated through two entities: Scoach Europa AG, based in Frankfurt, which served the German and European market, and Scoach Schweiz AG, based in Zurich, which served the Swiss market. It focused on the structured products segment and quickly became the leading European exchange in that area. A key development occurred on 28 April 2008, when Scoach in Germany migrated trading in around 300,000 products from the floor trading of the Frankfurt Stock Exchange to a new version of the fully electronic Xetra trading platform. This gave more than 260 banks and securities trading firms connected to the platform direct access to the broadest spectrum of structured products worldwide. The joint venture was dissolved in mid-2013. From 1 July 2013, Scoach Europa AG became a wholly owned subsidiary of Deutsche Börse AG, and Scoach Schweiz AG became a wholly owned subsidiary of SIX Swiss Exchange AG. Both platforms were operated independently thereafter. On 1 November 2013, Scoach Europa AG was renamed Börse Frankfurt Zertifikate AG, and Scoach Schweiz AG was renamed SIX Structured Products Exchange AG. The Scoach brand thus disappeared in Germany.

• SWX Group and Deutsche Börse AG announced intention to bundle warrants and certificates activities.

• Contract signed for the joint project initially named "Alex".

• Operations started.

• Joint venture renamed Scoach.

• Scoach in Germany migrated trading in around 300,000 products from floor trading to a new version of the Xetra platform.

• Scoach Europa AG became a wholly owned subsidiary of Deutsche Börse AG; Scoach Schweiz AG became a wholly owned subsidiary of SIX Swiss Exchange AG.

• Scoach Europa AG renamed Börse Frankfurt Zertifikate AG; Scoach Schweiz AG renamed SIX Structured Products Exchange AG.

Leading European exchange for structured products and certificates.

• Structured products trading platform

• Warrants and certificates trading

1. 1Zertifikate: Meistgehandelte & Kurse | Deutsche Börse: Xetra & Frankfurtlive.deutsche-boerse.com
2. 2Deutsche Börse: Aktien, Kurse, Charts und Nachrichtenlive.deutsche-boerse.com
3. 3Scoachwikidata.org
4. 4Scoachde.wikipedia.org