Swiss Value Chain

The integrated settlement solution in place between SIX Swiss Exchange Ltd and SIX SIS Ltd enables all stock exchange transactions to be settled on a fully automated basis, from the trade right the way through to settlement, without having to place an additional order. The link to SIC/euro, SIC Switzerland's RTGS, guarantees the settlement of transactions in national bank money.

As a clearing house and central counterparty, SIX x-clear Ltd occupies an intermediary position between the trading parties. This has the following advantages:

  • Full post-trade anonymity is guaranteed
  • Bilateral counterparty risks are eliminated
  • Settlement netting is made possible, which reduces settlement volumes and costs.

Swiss Value Chain

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