SIX Group
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| Public company | |
| Industry | Financial services |
| Headquarters | Zurich, Switzerland |
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Area served
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Worldwide |
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Key people
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Romeo Lacher (Chairman) Urs Rüegsegger (CEO) |
| Revenue |
 CHF 1.838 million (2016) |
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Number of employees
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4,020 |
| Website | www.six-group.com |
SIX is a service provider for the financial industry and operates the infrastructure of Switzerland's financial centre. SIX develops and maintains securities trading and post-trading platforms provides financial information and sells cashless payment systems. SIX operates worldwide and is headquartered in Zürich.
SIX provides services in four business areas. Several of those areas are authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB).
SIX operates Switzerland's stock market. The main purpose of the SIX Swiss Exchange is to admit securities, operate the trading platform, monitor trading activities and distribute market data. The trading platform operated by the SIX Swiss Exchange and the SIX Structured Products Exchange allows the trading of equities, bonds, derivatives, investment funds and certificates, among other things. SIX provides and calculates indices such as the Swiss Market Index (SMI).
SIX Securities Services provides clearing services by acting as a Central counterparty (CCP). Once cleared, the firm settles transactions by ensuring that the buyer receives the shares and the seller receives payment. This process includes the management of real-time payments between banks.
SIX also provides custody services for the safekeeping of shares and high-value documents. In this regard, SIX Securities Services acts as Switzerland's central securities depository and has custody of most of the financial instruments issued under Swiss law.
Finally, on behalf the Cantons of Switzerland, SIX Securities Services manages the electronic information portal for land registry data. The latter is run under the name of Terravis and enables mortgage, land and trade registry transactions.
SIX collects financial data from international trading venues and companies in real time, normalises it and sells it to subscribers (Banks, Fund Administrators, Trading Desks etc.). This includes basic information about companies which issue Financial instruments (reference data) and information about measures affecting those instruments (corporate actions) as well as providing prices for the instruments from most trying venues around the world.he services cover over 15 million financial instruments.
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Wikipedia