Switzerland's Leonteq Buys BX Swiss Stake

Editorial Staff

22 January 2024

Leonteq, the Zurich-listed fintech, has bought a 10 per cent stake in BX Swiss, a Swiss stock exchange for a “single-digit million amount.” The stake was purchased from the Boerse Stuttgart Group.

As a result, Leonteq will have access to the ecosystem of Boerse Stuttgart Group, the sixth largest exchange group in Europe. BX Swiss plugs into Leonteq's ecosystem for investment solutions.

Leonteq, which has been operating as an issuer on the BX Swiss since 2021, has listed structured products in the regulated trading segment of deriBX as well as listed exchange-traded products.

“We are committed to further expanding our product offering and ecosystem, and a strategic stake in BX Swiss underpins our commitment to transparency, service and liquidity, a key focus for Leonteq since its foundation in 2007,” Lukas Ruflin, CEO of Leonteq, said.

Zurich-based BX Swiss, which dates back to 1884, is part of the Boerse Stuttgart Group. It offers investors access to products such as equities from more than 30 markets in Swiss francs, actively managed certificates, exchange-traded funds, and products on cryptocurrencies, bonds, investment funds and structured products .