The Central Counterparty allows SIX Swiss Exchange members to settle their trades in the Blue Chip Segment of SIX Swiss Exchange optionally via SIX SIS or Euroclear Bank. It goes without saying that for the settlement of their trades, SIX Swiss Exchange members can continue to use existing money and custody accounts kept with both CSDs of SIX Swiss Exchange. In the Small & MidCap segment of SIX Swiss Exchange, settlement of the securities admitted to clearing is effected exclusively by SIX SIS. For LSE members, the settlement will be solely processed through Euroclear UK & Ireland Ltd (EUI).
In collaboration with SIX SIS and Euroclear UK & Ireland Ltd (for LSE transactions) respectively, SIX x-clear additionally offers settlement netting as an optional value-added service. The offsetting of delivery and payment obligations allows a reduction in the overall settlement volume and the number of delivery instructions.
Further information is available on the SIX SIS website.
| Date | Description | Download |
|---|---|---|
| 27.07.2005 | "Enhancement to SIS SegaInterSettle's Settlement Algorithm" |
PDF, 250 kb |