SIX: Consolidate Swiss and Spanish exchange platforms offering enhanced speed

SIX: Consolidate Swiss and Spanish exchange platforms offering enhanced speed

  • SIX operates and develops infrastructure services for the Swiss and Spanish Stock Exchanges, for Securities Services
  • Migrate BME’s current trading platform to a version of its existing platform, thus establishing the future trading platform
  • Committed to the Spanish and Swiss local markets and works to continuously improve both markets for the benefit of all stakeholders
  • The Spanish market will continue to be hosted in Madrid and the Swiss market will continue to be hosted in Zurich
  • Local regulatory oversight for both markets will be maintained, in compliance with the commitments
  • The migration of Equities, Equity-like and Fixed Income instruments is envisaged to happen between Q4 2022 and Q2 2023
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

SMBC Winds Down Digital US Bank Jenius, Impacting Customers

The closure illustrates the challenges facing digital banks in the US.Highlights: SMBC announces the closure of its US...

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...