SIX Announces Collaboration with Clearstream Amid Financial Challenges
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SIX Announces Collaboration with Clearstream Amid Financial Challenges
SIX Securities Services, a provider of clearing, settlement, custody, collateral management and repo trading services, and Clearstream, an international central securities depository, today announced their intention to enter into a partnership to provide services to the Swiss and European markets in the future.
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Increased Costs
With European financial market infrastructures facing substantially increased costs of regulation and compliance, it has become essential for FMI’s to move towards market consolidation and rationalisation to offset these new challenges.
By working together to address these issues, Clearstream and ... (read more)
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