{
 "as_of": "2026-11-06",
 "cmr": "ch-cm-kg/SIX/SQN",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SWISSQUOTE N (SIX: SQN) — research page\n\nAs of 2026-11-06 · ch-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SWISSQUOTE N, listed on SIX under ticker SQN, with ISIN CH1548235246 and LEI 549300O3WME82RDPEN66. Its security type is Corporate, its jurisdiction is Switzerland (Zefix-registered corporation), and its segment is not on the record. Its sector is not on the record, as the SIX feed returns an empty ICB industry for this line. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 2 filings in the window 2025-11-06 to 2026-11-06, both of type register_mutation, across 2 filing days. The median gap between filing days is 36 days. The latest filing is dated 2026-07-03 and is a register_mutation, 126 days before the record date of 2026-11-06. The SIX exchange median cadence gap is 29.5 days across 607 issuers, the SIX median filings count is 0, and the SIX median latency is 14 days. The sector median is not on the record for the CH market.\n\n## Auditor\n\nThe auditor of record is not on the record, and its location is not on the record. The record carries the annual report link only, which is a source link and not a read. Auditor changes are not on the record, as no lifecycle type map exists for this register yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists for this register yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, and it is determinable for all three categories. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record holds 13 research houses named on the issuer's investor-relations page: AlphaValue, Berenberg, BofA Securities, Deutsche Bank, Exane BNP Paribas, Goldman Sachs, Jefferies, Kepler Cheuvreux, ODDO BHF, Research Partners AG, UBS, Vontobel and Zürcher Kantonalbank.\n\n## Open research\n\nNo openly published research notes were found for this issuer.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (identity.exchange)\n- https://www.zefix.ch/en/search/entity/list?name=SWISSQUOTE (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.ch-cm-kg.ai/events/SIX/SQN (the disclosure lines)\n- https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions (the halt flag)\n- https://mcp.ch-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.swissquote.com/en/group/investor-relations/equity-analysts (coverage)\n- https://mcp.ch-cm-kg.ai/record/SIX/SQN (the record)\n",
 "market": "CH",
 "node": "ch-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the CH vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "CH",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CH",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CH",
    "state": "not_on_record"
   },
   "changes": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "ch-cm-kg/SIX/SQN",
  "coverage": {
   "count": 13,
   "houses": [
    {
     "analyst": "Sylvain Perret",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Christoph Greulich",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Christiane Holstein",
     "house": "BofA Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Miriam Killian",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Christoph Blieffert",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Oliver Carruthers",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Fangfei Li",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Baptiste de Leudeville",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "René Locher",
     "house": "ODDO BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Reto Huber",
     "house": "Research Partners AG",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Haley Tam",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Andreas Venditti",
     "house": "Vontobel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Regli",
     "house": "Zürcher Kantonalbank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.swissquote.com/en/group/investor-relations/equity-analysts",
     "result": "read: 13 of 26 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 607,
     "median_cadence_gap_days": 29.5,
     "median_filings": 0,
     "median_latency_days": 14,
     "name": "SIX"
    },
    "sector": {
     "market": "CH",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "register_mutation": 2
   },
   "cadence_median_gap_days": 36,
   "filing_days": 2,
   "filings": 2,
   "latency_days": 126,
   "latest": [
    {
     "category": "HR02",
     "date": "2026-07-03",
     "source": "https://www.shab.ch/#!/search/publications/detail/53fcd620-c5c2-4598-9e09-c1ca9071e6ea",
     "title": "HR02 Change Swissquote Group Holding SA, Gland",
     "type": "register_mutation"
    },
    {
     "category": "HR02",
     "date": "2026-05-28",
     "source": "https://www.shab.ch/#!/search/publications/detail/4d7bbb42-46d8-4fd6-a739-aaac178b77ec",
     "title": "HR02 Change Swissquote Group Holding SA, Gland",
     "type": "register_mutation"
    }
   ],
   "latest_filing_date": "2026-07-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ch-cm-kg.ai/events/SIX/SQN",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "SIX"
   },
   "isin": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "confirmed",
    "value": "CH1548235246"
   },
   "jurisdiction": {
    "read_by": "Zefix federal commercial register index (zefix.ch public web API, name-exact + corporation legal form) (legal form)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.zefix.ch/en/search/entity/list?name=SWISSQUOTE",
    "state": "sourced",
    "value": "Switzerland (Zefix-registered corporation)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN CH1548235246)",
    "state": "sourced",
    "value": "549300O3WME82RDPEN66"
   },
   "name": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "SWISSQUOTE N"
   },
   "sector": {
    "market": "CH",
    "reason": "the SIX feed returns an empty ICB industry for this line",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CH",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "SIX Swiss Exchange share explorer feed (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)",
    "state": "sourced",
    "value": "SQN"
   },
   "website": {
    "market": "CH",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "CH",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "CH",
  "node": "ch-cm-kg",
  "numbers_hash": "sha256:5ffe6d301b703d8bf8191f5568a69d5b85132b26f1bf94669f4f66b74a54f066",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Privatkundinnen und -kunden",
    "professionelle Kunden",
    "institutionelle Kunden"
   ],
   "outcomes": {
    "Privatkundinnen und -kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "institutionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ch-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ch-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ch/finsa-product-duties/r1",
   "section": "ch.aio.v8"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ch-cm-kg.ai/record/SIX/SQN",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:5ffe6d301b703d8bf8191f5568a69d5b85132b26f1bf94669f4f66b74a54f066",
 "path": "/ch/SIX/SQN",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is SWISSQUOTE N, listed on SIX under ticker SQN, with ISIN CH1548235246 and LEI 549300O3WME82RDPEN66. Its security type is Corporate, its jurisdiction is Switzerland (Zefix-registered corporation), and its segment is not on the record. Its sector is not on the record, as the SIX feed returns an empty ICB industry for this line. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 2 filings in the window 2025-11-06 to 2026-11-06, both of type register_mutation, across 2 filing days. The median gap between filing days is 36 days. The latest filing is dated 2026-07-03 and is a register_mutation, 126 days before the record date of 2026-11-06. The SIX exchange median cadence gap is 29.5 days across 607 issuers, the SIX median filings count is 0, and the SIX median latency is 14 days. The sector median is not on the record for the CH market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and its location is not on the record. The record carries the annual report link only, which is a source link and not a read. Auditor changes are not on the record, as no lifecycle type map exists for this register yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as no lifecycle type map exists for this register yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is ACM-200 for Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden, and it is determinable for all three categories. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds 13 research houses named on the issuer's investor-relations page: AlphaValue, Berenberg, BofA Securities, Deutsche Bank, Exane BNP Paribas, Goldman Sachs, Jefferies, Kepler Cheuvreux, ODDO BHF, Research Partners AG, UBS, Vontobel and Zürcher Kantonalbank.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found for this issuer.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://www.zefix.ch/en/search/entity/list?name=SWISSQUOTE"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ch-cm-kg.ai/events/SIX/SQN"
  },
  {
   "for": "the halt flag",
   "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ch-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.swissquote.com/en/group/investor-relations/equity-analysts"
  },
  {
   "for": "the record",
   "source": "https://mcp.ch-cm-kg.ai/record/SIX/SQN"
  }
 ],
 "title": "SWISSQUOTE N (SQN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}