Swiss Exchange is the marketplace for a range of different securities including Swiss mid and small cap equities.
The high rate of growth at SWX
has exposed the utility to some regulatory risk, particularly in Arizona where regulators have been slower to raise rates to keep up with the growth.
In a statement, virt-x thanked Hunziker for her contribution and named her replacement as Juerg Spielmann, who has been director of operations since the exchange was set up last year as a joint collaboration between SWX
and the TP Group.
This has happened before with other banks,' SWX spokesman Werner Vogt said, adding that '(the) story has nothing to do with Kerviel.
Societe Generale spokeswoman Laura Schalk reportedly said that the bank is cooperating with the SWX exchange and has implemented the measures required of it.
However, the ACC did not rule out a future rate design change and ACC staff and other interested parties are currently working with SWX
to try to come to a mutually acceptable plan.
austriamicrosystems is listed on the SWX
Swiss Exchange in Zurich (ticker symbol: AMS).
Since 2005, Esmertec is listed on the SWX
Swiss Exchange (ESMN).