How to join us!
Get access to the Repo markets of SIX.
Exclusive access to the liquidity provided by the Swiss National Bank (SNB), the Federal Bond issues and the multi-currency interbank market remain important factors for our clients and have contributed to over 120 new participants submitting their applications to join our market. We continue to receive a large number of applications and would like to welcome these participants on-board. Connected participants will be able to start trading on 2 May 2014 in the two markets CH Repo and OTC Spot.
In preparation for a smooth production start we would like to request that our registered participants ensure that their counterparty relationships* have been enabled and to get ready to actively trade in the market.
* Access via Trading GUI: TOOLS / PARTICIPANT RELATIONSHIP / RIGHT MOUSECLICK / Create
We would also like to inform you of the following confirmed SNB auction dates: a GMBF auction will take place on 6 May 2014 (CH0036180690) and on 13 May 2014 (CH0036180708), while a Federal Bond Issue is announced for 14 May 2014.
From 2 May you will be able to use new repo trading collateral baskets which are conform to the liquidity requirements of Basel III.
Registered participants will be able to benefit from the unique «Swiss Value Chain» operated by SIX. It allows straight-through-processing from trading to clearing and settlement, all provided by a single company. Going forward, we will also aim for greater integration and further development of our services.
Additional benefits of our Repo market include being able to trade Special Repos in the CH Repo market. Using our upload functionality can also provide you with an effective collateral management tool.