SIX scraps multi-year BME trading platform integration plans due to unexpected complexity
Just months before the planned integration, SIX has concluded the project would be too legally and technologically complex, The TRADE can reveal.
Just months before the planned integration, SIX has concluded the project would be too legally and technologically complex, The TRADE can reveal.
In its annual supervision of financial market infrastructures (FMI) report, the central bank warned that these entities are so crucial to stability that any disruption could have consequences that affect the entire financial system.
Speaking at the Post-Trade Forum 2022, panelists discussed the future of newer asset classes and the challenges associated with the clearing of these assets institutionally.
The equities broker is the sixth new participant to join the venue this year.
The TRADE catches up with the Head of SIX Digital Exchange (SDX), David Newns, to discuss the development of migration pathways between traditional and blockchain infrastructure, the impact of the FTX debacle, and the crucial importance of regulation when it comes to digital asset adoption.
Learn more about the four firms shortlisted for our Editors’ Choice Award for Outstanding Exchange Group this year: including Cboe Global Markets, Euronext, London Stock Exchange Group and SIX Swiss Exchange.
Clearing of UK and EU multilateral trading facilities on SIX x-clear will allow TP ICAP members to improve their settlement efficiency.
The TRADE sits down with chief executive officer at SIX, Jos Dijsselhof, to discuss the exchange operator’s integration of BME, the European exchange competitive landscape and whether proposed changes to Mifid II will foster more competition in Europe.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.
Users will be able to delegate their day-to-day operational collateralisation responsibilities to SIX.