This paper delves into the question of the driving forces behind financial infrastructure developments, both in Switzerland and globally. Firstly, the case of the "Swiss value chain", its home market and its pan-European reach, will be presented. As the case of virt-x or Eurex demonstrates, the...

This paper delves into the question of the driving forces behind financial infrastructure developments, both in Switzerland and globally. Firstly, the case of the "Swiss value chain", its home market and its pan-European reach, will be presented. As the case of virt-x or Eurex demonstrates, the...