EuroCCP to clear SIX Swiss Exchange trades on 20 February

EuroCCP is pleased to confirm that the SIX Swiss Exchange (SIX) has announced 20 February 2017 as the go-live date for EuroCCP as a provider of clearing services for equity and ETF trades executed on SIX order books.

The order books contain some 4,000 equities and ETFs issued in Switzerland, Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Portugal, Sweden and the United Kingdom.

Further details can be found in the SIX Swiss Exchange message no. 03/2017.

“The trend for exchanges to offer clients full choice in clearing arrangements continues.  We will continue to work towards all exchanges that are already cleared by any interoperating CCP to offer the full choice of all interoperating CCPs to their clients,” says Diana Chan, CEO at EuroCCP.

Operational details are provided separately.