When and how often is trading carried out?

As a rule, we execute trades, i.e. the purchase and sale of securities, within one to two business days. Exceptions are public holidays (including stock exchange holidays in Switzerland, Europe, or the US) or extraordinary situations. After the trade, we execute the necessary foreign exchange transactions to balance the foreign currency positions in your True Wealth portfolio. The settlement of these foreign currency transactions takes a further two banking days.

To ensure maximum cost efficiency and treat all our clients equally, we bundle the securities transactions of all client portfolios. For pillar 3a, we carry out pooling and netting to keep the number of trading transactions on the open market as low as possible.