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Today, the first internationally settled ETF is listed on SIX Swiss Exchange. |
SIX Swiss Exchange offers its participants an enhancement of its trading service based on an international structure. As of today, the ETF position can be transferred into Euroclear after settlement at SIX Securities Services. Position at SIX SIS Ltd
can be arranged via the CBL or EB account of SIX SIS Ltd. The established access to clearing arrangements through SIX x-clear AG and LCH.Clearnet Ltd remains part of this offering.
The enhanced trading service will ease cross-border ETF processing, increase liquidity and offer participants access to a wider range of ETFs. The first ETF with international settlement listed on SIX Swiss Exchange is a product from iShares.
Linking trading with post-trading services
As one of the first ETF exchanges in Europe and a European market leader, SIX Swiss Exchange constantly aims at further improving its ETF trading segment. Our participants benefit from the Swiss Value Chain, one of Europe's most efficient forms of securities processing.
Diversity of products: a key driver for growth
Since 2002, our ETF trading turnover has risen by an impressive 30-50% per year. In 2014, we recorded the second-highest trading volume of all time with CHF 90, 728 billion. This equates to a market share of almost 15% in Europe. The number of listed ETFs grows constantly as well. Currently 946 ETFs are listed on SIX Swiss Exchange. Thanks to the innovational strength of currently 18 product providers, new asset classes, styles, strategies and regions are being exploited continuously. Our website provides an overview of all new listings and highlights our benefits for ETF issuers.
