Leonteq AG Announces Market Making Role at BX Swiss

Zurich, 5 April 2024 - Leonteq AG (SIX: LEON) disclosed its new function as a market maker for various trading segments at the Swiss stock exchange, BX Swiss. This move comes after its December 2023 acquisition of a 10% stake in BX Swiss from Boerse Stuttgart Group. The company aims to strengthen its investment solutions ecosystem and further diversify its revenue streams with this strategic partnership.

Starting in April 2024, Leonteq will gradually assume the market making role for equity securities and ETFs, ensuring liquidity. Lukas Ruflin, CEO of Leonteq, emphasized the importance of exchange access and listing investment products for their partners and clients. This initiative also aims to bolster Leonteq’s retail flow business.

Lucas Bruggeman, CEO of BX Swiss, highlighted the significance of this strengthened collaboration for BX Swiss, aiming to enhance its position as a Swiss trading venue and better meet investor needs. BX Swiss, a member of the Boerse Stuttgart Group, provides access to various financial products and is regulated by FINMA.

In elaborating on this strategic development, both companies stressed the synergy in achieving efficient and cost-effective financial services for both private and institutional investors through their digital platforms and products.