News - SIX Swiss Exchange welcomes new clearing provider
SIX Swiss Exchange welcomes new clearing provider
With EuroCCP, the Swiss exchange offers its trading participants an additional option of choosing Central Counterparties.
SIX Swiss Exchange is enlarging its choice for Clearing Services and welcomes EuroCCP as third Central Counterparty (CCP) for the Swiss market. With the go-live of EuroCCP, the
Swiss exchange strengthens its interoperability and caters even better to the needs of its clients. Both existing
and potential trading participants benefit from an new option, in addition to SIX x-clear Ltd and LCH Ltd, to
select their ideal setup.
Internationalization of clearing services
In parallel to the admission of EuroCCP to the Swiss market, SIX has extended its clearing services to the Nordic
markets. As announced in a
Media Release[pdf], as of today SIX x-clear Ltd (the clearing arm of SIX Securities Services) offers
comprehensive clearing services for trades executed on Nasdaq Nordic trading platforms.