Fixed Income

SIX x-clear Ltd offers clearing services for fixed income instruments traded on SIX Swiss Exchange Ltd with a universe of over 1700 securities and has a strong pipeline to further internationalize its existing bond clearing offering.

SIX x-clear Ltd is the unique choice for CHF bonds at SIX Swiss Exchange Ltd. In contrast to Swiss equity trades, for CHF bond trades SIX x-clear Ltd performs the trade date netting and sends settlement instructions to SIX SIS Ltd directly. In addition, a real-time risk model developed for bonds in particular is in place and has been approved by the Swiss regulators, FINMA and the SNB.