SIX Swiss Exchange has completed member migration to its new SWXess platform, which went live in February.
All securities - shares, bonds, ETFs and securitised derivatives - listed on SIX Swiss Exchange will now be traded via the new platform, which is based on Nasdaq OMX technology.
The exchange says SWXess offers massively increased capacity and reduced latency, facilitating the needs of algorithmic traders as well as the requirements for Direct Market Access.
The modular platform offers standardised interfaces and a choice of connectivity options, enabling participants to fine-tune and save costs.
The exchange has tapped Nyse Technologies' Exchange Data Publisher (XDP) to provide the SWXess market data service module. XDP acquires market data from SIX's internal systems, normalises and groups it then distributes it to the exchange's members.
Chris Landis, head of IT at SIX Swiss Exchange, says: "For SIX Swiss Exchange, it is of the greatest importance that we continually improve and expand our services in an effort to generate added value for our participants through high-performance and competitive technologies."