Deutsche Börse Aims To Intensify Cooperation With SWX - The SWX Association Is Scrutinising The Proposals

The SWX Group received an invitation by Deutsche Börse to commence talks on intensifying cooperation between the two exchanges. The SWX Association, owner of SWX Group, is currently scrutinising the proposals. The intention of both parties is to hold negotiations in a confidential environment, and they have agreed not to comment. The SWX Group and Deutsche Börse own as a 50:50 partnership Eurex, the derivatives exchange founded in 1995 and based on a successful cooperation model.

The SWX Group is not listed; owing to its strategic positioning and healthy financial structure the Swiss Exchange aims to actively cooperate in the consolidation process amongst European stock exchanges. Possible new cooperation agreements, alliances or other kinds of financial integration will be considered if they contribute toward strengthening the Swiss financial centre by means of measurable gains in cost and efficiency. The general meeting of shareholders of the SWX Association retains the right to take any decision on such fundamental issues.