Ben, my Index vertical mill has the B&S #9 spindle. I have a set of #9 collets and other tools, such as some end mills with a #9 shank but hardly ever use any of them. I mostly keep my Universal Eng. "Z" collet chuck with a B&S #9 shank in it. I prefer the handiness of tool change at the spindle nose.
The Index has a pretty big Z movement but even if it didn't, the Z collet chuck only takes about 1-1/2" of it. Range, teensy to 25/32", (just over 3/4", I've squeezed 20MM in it).
Other collet types are available in B&S #9 shank as well, the ER40 series might be best, size to 1", very available in both inch and metric and likely to be "the one" for many years.
Obviously, when shopping for that vert. head, B&S #9 will keep your tooling costs down. I use them in my US Machine Tools horizontal as well.
Once in a while, an older vertical mill with big damage, (like a broken knee or even main casting) will come along, with a good head. Odd spindle tapers like a B&S #9 mill, usually very cheap, easily adaptable and lots of iron to recycle for $ and handwheels.
Bob