SIX x-clear AG

SIX x-clear currently services SIX Swiss Exchange and the London Stock Exchange.

Since July 2009, SIX x-clear is introducing a series of new services for major MTFs and regulated exchanges which together will enable our members to access a single CCP with a pan-European clearing offering.

Sourcing such a service from a single provider will enable our members to reduce operational complexity and risk, while letting them benefit from significant economies of scale.

Roadmap for service expansion:
Equiduct – live
Clearing Swiss franc bonds – live
Liquidnet – live
Burgundy – Q4 / 2010 *
Chi-X / BATS – Q4 / 2010 *
Turquoise – Q4 / 2010 *
Nasdaq OMX – Q4 / 2010 *
NYSE Arca / Smartpool – Q4 / 2010 *

* Dependant on approval of the interoperability risk arrangements by the competent authorities.