Six Group AG - News, Articles & Research

News

Virt-x and Nyfix to launch block trading service for Swiss blue-chips

Virt-x, the London-based securities exchange and subsidiary of SWX Group, and Nyfix have signed an agreement to jointly deliver a non-displayed block trading service for Swiss blue-chip equities. The service will be owned and operated by virt-x and powered by Nyfix Euro Millennium, the neutral multi-lateral trading facility (MTF) scheduled to launch in the first quarter of 2008.

04 December 2007

News

Eurex Clearing and SIS x-clear agree interoperability pact

European clearing houses Eurex Clearing and SIS x-clear say they are working together to develop and secure full interoperability and mutual access to the virt-x exchange and the Frankfurt Stock Exchange.

19 September 2007

News

Telekurs buys card processor 3C from Tele2

Swiss group Telekurs has bought 3C Communications, a Luxembourg-based provider of card payments processing services, from Swedish telecoms operator Tele2 for SKr50 million in cash.

19 September 2007

News

SWX trading hit by technical problems

The SWX Swiss Exchange is working to fix a technical problem that hit trading in international bonds on SWX as well as dealing in warrants and structured products on Scoach, its joint venture with Deutsche Börse.

28 August 2007

News

Telekurs to buy Fininfo financial data unit

Swiss market data technology vendor Telekurs Financial has signed an agreement to acquire the financial information business of France's Fininfo. Financial terms of the deal were not disclosed.

10 July 2007

News

SWX re-vamps infrastructure for algo trading

SWX Swiss Exchange and its screen-based market operator virt-x have begun the first phase of a three year infrastructure upgrade programme intended to cater for increased demand for direct market access (DMA) and algorithmic trading.

05 July 2007

News

Swiss exchange units to merge

Switzerland's three bank-owned exchange businesses - the SWX Swiss Exchange, SIS and Telekurs - have signed a letter of intent to combine their operations into a single streamlined organisation that will provide clients with one-stop securities trading services.

15 May 2007

News

Telekurs invests in MiFID-compliant data platform

Market data technology vendor Telekurs Financial is developing a new platform for the collection and dissemination of reference data to help firms comply with the trade transparency requirements of the EU's Markets in Financial Instruments Directive (MiFID).

07 November 2006

News

Deutsche Börse and SWX to establish European exchange for structured products

Germany's Deutsche Börse is teaming with SWX Group to establish a joint European exchange for structured products that will start trading in January.

24 October 2006

News

European exchange price war looms as Virt-x cuts tariffs

SWX Group, the Swiss Stock Exchange, is cutting tariffs for trading international equities on screen-based exchange Virt-x, in a move that could presage a wave of price competition among European exchanges ahead of the introduction of the EU's Markets in Financial Instruments Directive (MiFID).

04 September 2006

News

Man Group to acquire 70% stake in Eurex US

British hedge fund manager Man Group is buying a 70% stake in Eurex US, the struggling electronic futures market launched in Chicago in 2004, for $23.2 million in cash.

27 July 2006

News

Deutsche Börse and SWX to launch exchange for securitised derivatives

Deutsche Börse and SWX Swiss Exchange have signed a letter of intent to combine their warrant and certificate trading activities in a jointly operated exchange for securitised derivatives.

05 May 2006