Barclays Bank has become the newest trading participant to join SIX’s trading platform.
The addition makes the bank the ninety second trading member on SIX’s platform.
Co-head of cash markets at SIX, Gregor Braun, said: “We are delighted to welcome Barclays Bank PLC as our newest trading participant on our platform.
“We look forward to supporting Barclays in leveraging the exceptional liquidity and quality of our order book for Swiss securities and wish them successful trading. Their presence on SIX underscores the attractiveness and robustness of our market infrastructure.”
SIX claims to provide access to more than 60,000 securities, including names such as Nestlé, Roche, and Novartis.
Barclays said the move aligned with its plans to become “a UK-centred leader in global finance”.
The addition follows a busy few months for SIX across several of its business areas. The exchange moved to acquire Aquis in November last year, expanding its pan-European reach.
Read more – SIX agrees to acquire Aquis Exchange
The deal – which would grow SIX’s trading, data, listings and technology businesses – is currently awaiting regulatory approval.
SIX posted positive full-year results for 2024, with total operating income up 4.6% to $1,798.76 million, bolstered by a strong performance in its exchanges segment.
Its exchanges unit – comprised of SIX Swiss Exchange, SIX Digital Exchange and Borsa Madrid (BME) – generated operating income of $383.26 million, up 2.6% compared to the previous year, with the firm highlighting the business unit’s new organisational structure – adopted in June 2024 – wherein the exchange took on an asset-class-based approach.