Clients
The following natural persons or legal entities that are active in securities trading
or settlement for third parties on a commercial basis and have been admitted to the relevant exchange
may be accepted as SIX x-clear members:
- Banks in accordance
with the Swiss Law on Banks and Savings Banks of 8 November 1934 (Swiss Federal Banking Act)
- Foreign
banks which, in the opinion of SIX x-clear, are subject to an adequate degree of regulation and supervision
similar to the one for banks in Switzerland
- Securities dealers as defined
in the Federal Act on Stock Exchanges and Securities Trading (SESTA)
- Foreign
securities dealers who, in the opinion of SIX x-clear, are subject to an adequate degree of regulation
and supervision similar to the one for securities dealers in Switzerland