Screenshot 2019-07-02 at 7.49.22 PM - Edited

Swiss stocks will be barred from trading in the European Union from July 1 2019 after talks on a political agreement between the two sides ended in deadlock
About one-third of trading in Swiss shares currently takes place within the EU, and the rest in Switzerland. Most of the activity in Swiss shares on SIX, the nation’s main exchange, is generated by traders in the EU.

Frank Stocker, financial editor of German national daily newspaper Die Welt,
said: “As Nestlé & Co. are no longer traded in the EU, EU investors are likely to trade them again in Switzerland.

“But more than that, they practically have to trade them there, because there is no other financial centre that would be easily accessible to them.

“As a result, the Swiss stock exchange does not dry out, it even receives additional inflows of capital – the opposite of what the EU wanted to achieve.”