SIX completes acquisition of remaining stake in REGIS-TR to become the sole owner

Market infrastructure operator has become the sole shareholder of REGIS-TR after acquiring 50% from Clearstream.

SIX has successfully completed the acquisition of Clearstream’s 50% stake in REGIS-TR, which has now become a 100% owned SIX company.

REGIS-TR is a European trade repository for reporting trades and transactions across multiple product classes and jurisdictions, open to financial and non-financial institutions.

The business consists of REGIS-TR S.A. and REGIS-TR UK, and has a portfolio of over 2,000 European clients across over 40 countries.

The joint venture between BME’s Iberclear and Deutsche Börse’s Clearstream was founded in 2010 and has successfully grown into a leading European trade repository with more than 700 million trade messages processed monthly.

As a response to Brexit, REGIS-TR UK was incorporated in 2019, so that REGIS-TR could maintain a continuous reporting service for the UK client base.

SIX said the full consolidation of the business represents an opportunity for it to further integrate and deliver a suite of streamlined services to customers across Europe.

Javier Hernani, head of securities services & member of executive board at SIX, highlighted: “Now that the acquisition is successfully completed, we are very happy to fully integrate the REGIS-TR business, which has already been an integral part of BME’s business portfolio. We look forward to taking the business into its next phase of development within SIX. We are delighted to welcome the entire REGIS-TR team with their talent and expertise to SIX.”