When and how often is trading carried out?

We generally execute trades, i.e. the purchase and sale of securities, every one to two business days. Exceptions are public holidays (including stock exchange holidays in Switzerland, Europe, or the US) or extraordinary situations. Once the trade has been executed, we also carry out 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 bank working days.

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