Technology
Swiss Bank in Chicago Tie-Up

Swiss online trading bank, Synthesis Bank, has entered into a marketing agreement with Chicago Mercantile Exchange, the largest futures exch...
Swiss online trading bank, Synthesis Bank, has entered into a marketing agreement with Chicago Mercantile Exchange, the largest futures exchange in the US to make the electronic trading platform, Synthesis TradingFloor, CME’s only partner in Switzerland. With the tie-up, Synthesis Bank said it would further increases its range of options and derivatives by offering its customers the ability to trade CME interest rates, currencies and stock indices (NASDAQ, S&P 500 and Russell). These products can be traded virtually 24 hours every trading day in real time. In addition, the CME will be working with Synthesis to offer educational seminars online and speaking opportunities. Synthesis Bank’s chief execuitve and majority shareholder, Charles-Henri Sabet said in a statement: “We are proud of this agreement with America’s principal futures exchange because it proves two things: firstly, that we have won the trust of the major international players and have gained credibility in the international markets in just a few months, and secondly, that the volume of transactions we generated with CME was important and convincing enough to further build on our relationship.”