“Our success was built on a consortium framework that allows top tier institutions to join together to build a utility service that drives costs down and creates market efficiencies,” he said. “The commitment from SIX embodies our core principals of operating an open and shared network that benefits all financial institutions.”
Christoph Landis, Division CEO of SIX’s Swiss Exchange, added: “We are very pleased to bring our European leadership and experience to Asia through Connexor, our high-performance infrastructure for product data. We are looking forward to working with the leading structured product network in this region.”
“SIX brings new technology, expertise in the European structured product market and an important new business opportunity,” Munoz added. “Over the last year we’ve more than doubled the number of private banks and issuers on our network, enabling us to extend our post-trade data capabilities. SIX is a leading exchange provider in Europe and we look forward to incorporating their best in class features into our offering.”