OTC Spot Market
In the OTC Spot Market, the Swiss National Bank (SNB) holds auctions of Treasury Bills (GMBF), Federal Bond Issues and SNB Bills.
Participants can trade the auctioned securities directly with each other. These are not Repo transactions but conventional transactions of securities.
Trading Hours and Dates
The platform's trading days are defined in the trading calendar of the platform Operator.
Trading on the platform shall be open from 07:00 to 18:00 from Monday to Friday (except on Swiss public holidays).
Downloads
- Regulations for the Admission of Participants and the Use of the Trading Platform of SIX Repo Ltd (Rule Book)
- Product Specification for the CH Repo Market OTC Spot
- Regulations for the Admission to Trading of Money Market Book Claims (MMBCs) Issued by the Swiss Government and SNB Bills on the OTC Spot Market of SIX Repo Ltd
- List of Charges for the OTC Spot Market valid as of 1 January 2018
- SIX Repo AG - Trading Directive for the OTC Spot Market
- Trading at SIX Repo Ltd - Guidelines for participation in the CH repo market and OTC spot market
- Trading at SIX Repo AG - Guidelines for participation in the CH repo market and OTC spot market
Primary Market
The primary market segment is where auctions are held by the Swiss National Bank (SNB) for the issue of new securities or an issue increase of existing securities.
Secondary Market
In the secondary market or OTC trading market, securities are traded bilaterally outside of auctions.
Further information about the market segments, the auction conditions and the taxation are available in the Product Specifications for the OTC Spot Market document.
Downloads
- Regulations for the Admission of Participants and the Use of the Trading Platform of SIX Repo Ltd (Rule Book)
- Product Specification for the CH Repo Market OTC Spot
- Regulations for the Admission to Trading of Money Market Book Claims (MMBCs) Issued by the Swiss Government and SNB Bills on the OTC Spot Market of SIX Repo Ltd
- List of Charges for the OTC Spot Market valid as of 1 January 2018
- SIX Repo AG - Trading Directive for the OTC Spot Market
- Trading at SIX Repo Ltd - Guidelines for participation in the CH repo market and OTC spot market
- Trading at SIX Repo AG - Guidelines for participation in the CH repo market and OTC spot market
| Figures in CHF, excl. VAT | Primary Auctions | Spot Trading | ||
| Auctioneer | Participants | Non-Aggr. | Aggr. | |
|
Money Market Debt Register Claims (GMBF) | Transaction fee | No fee |
0.4 bp p.a. Min. 50.00 Max. 500.00 |
0.60 bp p.a. Min. 100.00 Max. 1,000.00 |
| Swiss Gov. Bonds | Transaction fee | No fee |
No trading at SIX Repo AG |
No trading at SIX Repo AG |