SDX Market Advisory Group

SDX Market Advisory Group

SMAG is an initiative by SIX, serving as an autonomous and independent market committee. As a vital platform for shaping the future of digital assets and related payments in Switzerland, SMAG brings together the insights and expertise of leading market participants.

Our Mandate

The SMAG is dedicated to:

Identifying market needs

Gathering market voices and objectives to develop a broad, innovative ecosystem for digital assets.

Innovative Use Cases

Jointly develop new wCBDC use cases.

Advising on Product Development

Guiding SIX on market demands, product evolution, and communication strategies.

Fostering Collaboration

Serving as a key point of contact for domestic and international organizations on digital asset topics.

The group’s recommendations reflect the collective expertise of its members, ensuring a strong foundation for strategic developments.

Fields of Activity

SMAG actively explores areas including:

Strategic Initiatives

Supporting initiatives like the Helvetia Pilot transactions.

Product Development

Introducing new services and enhancing existing ones.

Regulatory Engagement

Advising on Swiss and EU legislative developments relevant to digital cash and securities.

The group’s recommendations reflect the collective expertise of its members, ensuring a strong foundation for strategic developments.

Membership Categories

SMAG comprises both voting and non-voting representatives, including:

Permanent Members with Voting Rights: Representatives from SIX and its CSD members.

Non-Voting Representatives: Key stakeholders such as issuer representatives, industry associations, and working group chairs.

Membership is capped to ensure a focused and effective decision-making process.

Nomination Process – Members are nominated by their respective institutions or associations. All representatives actively contribute by:

  • Sharing insights from their organizations
  • Collaborating on agenda items and recommendations
  • Promoting awareness of SMAG’s initiatives within their networks

How We Operate

Meetings

  • Frequency: Held twice annually, with additional ad-hoc meetings as needed
  • Format: Meetings can be conducted in-person or virtually
  • Language: English is the official language

Task Forces

Temporary task forces are established to address specific topics, drawing on the technical expertise of members and external specialists. Task force outcomes are presented and discussed during SMAG meetings.

Decision-Making

Decisions are made by consensus or, when necessary, by majority vote. SMAG ensures that all perspectives are considered, fostering a collaborative approach to shaping the digital asset landscape.

Join Us

SMAG is your opportunity to influence the future of digital assets and collaborate with industry leaders. With a focus on innovation, compliance, and collaboration, SMAG ensures that Switzerland remains at the forefront of the digital asset adoption.

Contact Us