SIX reports 2.6% rise in operating income to CHF 771.1 million in H1 2023 LeapRate

July 21, 2023 BY Steffy Bogdanova

SIX reports 2.6% rise in operating income to CHF 771.1 million in H1 2023

Operating result before interest, tax, depreciation and amortization (EBITDA) came in at CHF 225.6 million, up by 5.6% compared to the first half of 2022. Earnings before interest and tax (EBIT) for the period consequently fell by 17.4% to CHF 133.3 million. The Switzerland-based exchange remains positive given its results achieved in a "challenging market environment, dominated…

January 10, 2023 BY Steffy Bogdanova

Thomas Zeeb steps down from the Executive Board of SIX

SIX revealed Zeeb’s plans for the future involve the creation of “new business models to explore further opportunities to shape the capital markets industry of the future” but did not give further details. Jos Dijsselhof, CEO SIX: On behalf of the Board of Directors and the Executive Board of SIX, I would like to thank Thomas for…

January 06, 2023 BY Steffy Bogdanova

SIX exchange fines Swissquote CHF 75K for breach of ad hoc publicity laws

SIX Exchange Regulation AG (SER), one of SIX trading venues’ regulating bodies., opened an investigation into the publication on 2 June 2022. The decision to sanction Swissquote was made on 29 November and a fine was imposed in the amount of CHF 75,000. SIX stated: Mainly due to a technical issue and human error, the…

November 02, 2022 BY Steffy Bogdanova

SIX trading turnover falls 16% MoM in October

According to the figures, total number of transactions conducted from January to October fell 0.9/% to 52,135,512. The SIX Swiss Exchange stated: The highest turnover on a single trading day was recorded on 4 October, which saw securities worth a total volume of CHF 4.6 billion changing hands. The highest number of trades was recorded…

June 16, 2022 BY Steffy Bogdanova

SIX announces partnership with risk analytics provider Urgentem

Shai Popat, the Managing Director of Content & Product Management and Financial Information at SIX, said: Climate is a key component of ESG considerations for businesses, and one that is set to increase in importance as governments and financial institutions navigate the transition to net zero. We welcome this new partnership with Urgentem, the benefits…

May 09, 2022 BY Steffy Bogdanova

Virtu ITG Europe joins SIX as a new trading participant

Gregor Braun, Head of Sales Switzerland & Europe at SIX Swiss Exchange, commented: We are delighted to welcome Virtu ITG Europe Limited, another renowned trading participant, to our ranks. The growth in trading participants shows that the high quality of the SIX Swiss Exchange order book is appreciated and in demand in the market. And…

April 11, 2022 BY Steffy Bogdanova

Helveteq lists crypto ETPs on SIX Swiss Exchange

With ETPs and Structured Products combined, SIX’s offering includes 240 products based on 18 cryptocurrencies, provided by 13 issuers. Since the beginning of 2021, SIX has added several new crypto ETP issuers. Last year, the exchange’s trading turnover jumped 673% in related to cryptocurrencies. Christian Reuss, Head SIX Swiss Exchange, added: Already early, Switzerland established…

April 05, 2022 BY Steffy Bogdanova

SIX launches its new clearing IT infrastructure for the Nordic markets

According to the official announcement, the improved IT infrastructure will enable the clearing of 10 million trade legs per day. The SIX is expecting an increase in the number of cleared trades in the future. Roland Chai, Executive Vice President and Head of Market Infrastructure Technology, Nasdaq Market Technology, added: This demonstrates Nasdaq´s ability to…

March 17, 2022 BY Steffy Bogdanova

LMAX Group partners with SIX to launch crypto futures

Javier Hernani, Head Securities Services, SIX, said: This is a major milestone for SIX from several perspectives. We are making substantial progress according to our digital asset clearing strategy and are expanding our portfolio of cleared asset classes. At the same time, we have the opportunity to bring our Swiss and Spanish infrastructure strengths together…

March 09, 2022 BY Steffy Bogdanova

SIX reports 83% fall in profits in 2021

Without the Worldline-related effects, SIX’s net profits in 2021 increased 37.3%. During the last year, the company launched its SIX Digital Exchange and also expanded its ESG indices and data offerings. The exchange also started introduced a new equity segment for SMEs under the brand Sparks. The exchange stated: While equity trading on the stock…

Tag: SIX