SIX x-clear Ltd approved as a Financial Market Infrastructure (FMI) provider effective 28 March 2018

The banking license previously in force is no longer necessary and has been returned with immediate effect. Nevertheless, SIX x-clear remains subject to supervision by FINMA and the Swiss National Bank (SNB) for services of systemic importance.

Michael Ripken, Head Post-Trading, Member of the Management Committee, Securities & Exchanges: “Apart from segregation which directly affects SIX x-clear’s clients (Art. 54 FMIA), the FMIA does not change anything with regard to our service offering. Regarding segregation in particular, we have made all the necessary changes to enable our clients to fulfill their obligations under the FMIA.”


Any questions?

Please do not hesitate to contact Jürg Schneider.

About SIX
SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.