The history of the SIX Swiss Exchange goes back more than 150 years. In 1995, the stock exchanges of Geneva (founded in 1850), Zurich (1873) and Basle (1876) were merged to form the SWX. By 1999, it was recognized as the SWX Swiss Exchange and in August 2008, it was rebranded the SIX Swiss Exchange.
It is the principal stock exchange in Switzerland. The SIX Swiss Exchange was the first stock exchange in the world to incorporate a fully automated trading, clearing and settlement system in 1995. The exchange is controlled by an association of 55 banks.
The Bern eXchange (BX) was founded on January 28, 1880 as the Berne Bank Association. On November 10, 1884, it formalized as the Berne Bourse Association (Berner Börsenverein or BBV) by 9 Bern banks and 14 private enterprises. It saw a relatively small volume of trading up until World War I. In 2002, the exchange introduced a fully electronic trading platform and it was rebranded the Berne eXchange (BX).
The BX is primarily focused on the small and medium-sized enterprises (SMEs) in Switzerland that consider a listing on the SIX Swiss Exchange is too expensive or not ideal.