Post on 18-Mar-2018
About us
Key figures fiscal year 2016 in CHF millions
Operating income 1,838.6EBIT 297.1
Group net profit 221.1
Swiss Exchange is one of the most important exchanges in Europe and is the reference market for approximately 40,000 securities
CHF 1,279,293 million trading turnover in 2016 (254 trading days) CHF 98.8 billion raised by companies on the stock exchange in 2016
SIX has sites in 25 countries
SIX operates comprehensive services on a global scale in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions. SIX is a reliable partner that uses the latest technology to guarantee the flow of information and money between
Securities Services is a leading partner for post-trade services in Europe and operates vital infrastructures on behalf of the Swiss financial market
423.9 millionclearing transactions in 2016
37.5 million settlement transactions in 2016
SIX
VITAL TO KEEPING THE SWISS FINANCIAL CENTER RUNNING SMOOTHLY
banks, merchants, investors and service providers. SIX is the backbone of the Swiss financial center and therefore systemically relevant: without the company’s efficient and innovative platforms the Swiss economy would come to a standstill.
25
innovative
reliable
AA– rating SIX has been awarded an A A– rating by Standard & Poor’s for the seventh time in a row.
Stable and reliable The average availability of all systems provided by SIX is 99.95 %.
F10 Accelerator & Incubator F10 supports and guides start-ups in trans forming their ideas into successful companies, all the while stimulating world-wide collaboration with international finance organizations. F10 is sponsored by SIX.
Financial Information is the leading provider of financial information, with
over 85 years of experience
23.7 million financial instruments in 2016
Revenue by region SIX generates most of its revenue in its domestic markets of Switzerland, Austria and Luxembourg.
Revenue by region
Austria 12 %
Switzerland 63 %Luxembourg 13 %
Rest of Europe 9 %
Rest of world 3 %
of its 4,020 employees work in Switzerland and 35 % at the international
locations
Systemic importance Some of the services provided by SIX are systemically important and are monitored by the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA).
GOOD TO KNOW
Function and owners In 2008, SWX Group, Telekurs and SIS Group merged into SIX Group, in order to concentrate the infrastructure for the Swiss financial center within a single company. In the future, SIX also aims to pool the activities and processes that do not differentiate the Swiss banks in clients’ eyes. Concentrating them in this way achieves economies of scale and improves quality. Today, SIX is owned by approximately 130 national and international banks in Switzerland. They are at the same time owners and, together with other financial institutions, users of the services provided by SIX.
Swiss Value Chain The Swiss Value Chain links trading on the Swiss stock exchange with post-trading services, which include the clearing and settlement of securities transactions and the custody of securities. The infrastructure provided by SIX enables securities transactions to be processed smoothly and efficiently. It is one of the most secure and reliable systems in the world. SIX is the first central securities depository outside the EU to offer direct access to TARGET2-Securities (T2S), thus expanding the Swiss Value Chain further.
Payment Services is the market leader in the card business in Switzerland, Luxembourg and Austria
10 millioncard transactions processed
by SIX each day
65 %
secure
stable
responsible
50
ETFs 9 %
SIX Swiss Exchange is one of the most important exchanges in Europe and the largest Swiss trading venue. It came into existence in 1995 when the Geneva, Basel and Zurich stock exchanges were merged. 4
In terms of the total number of freely tradable shares (free float market capitalization), SIX Swiss Exchange is the third-biggest stock exchange in Europe.
Self-regulation Appropriate regulation which complies with international standards and takes due account of market developments. The independent Exchange Regulation unit ensures compliance with, monitoring and implementing the regulations for issuers and participants.
Pricing What is the price of a security and therefore the value of a company? This pricing can only take place on a stock exchange. It stands atthe heart of trading.
WORTH TO KNOW
“Exchange of the Year” 2016
Daily turnoverCHF 5 billion average daily turnover in 2016
21 currencies Securities are tradable in 21 currencies
SIX Swiss Exchange
THE GATEWAY TO THE INTERNATIONAL CAPITAL MARKET
FACTS AND FIGURES
Raising capital
Operating the trading platform
Monitoring trading
Distributing market information
Structured products 1 %
SHARE OF TURNOVER
MARKET CAPITALIZATION
5
CORE FUNCTIONS
Over 1,200 ETFs are tradable on the Swiss Exchange
STOCK MARKET BAROMETER
Equities 78 % Bonds CHF 12 %Best execution Excellent order book quality: Narrowest bid/ask spread, i.e. best price in over 90 % of trading time
Largest tradable volume at the best price in over 80 % of trading time
Highest probability of execution thanks to extremely high liquidity
As at: November 2015
Issuers from 50 countries
Access to capital for
international trading
participants
108SIX Swiss Exchange
Euronext
Nasdaq
LSE Group
6,308
2,045
1,256
2,782
Deutsche Börse1,239
in billion US dollars
source: SIX Swiss Exchange; STOX X Global TMI, as of 30.12.2016
Hong Kong Stock Exchange1,079
Singapore Stock Exchange223
SBI Swiss Bond Index, 1,238 bonds
SMI SMI Swiss Blue Chips Index 20 biggest securities of SPI, 85 % equity market volume
SPI SPI Swiss Performance Index All SX securities
SLI SLI Swiss Leader Index 30 biggest and most liquid securities of SX
SIX Swiss Exchange’s key index ranges
2016
1987
AWARD-WINNING POST-TRADE SERVICES FOR SWITZERLAND
AND THE WORLD
Allocation and administration of currency codes worldwideSIX is responsible for the allocation and administration of standardized currency codes (e. g. CHF, GBP, EUR) worldwide.
SIX Securities Services
Supervision SIX has a banking license in Switzerland and is deemed systemically important. It is overseen by the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank (SNB).
High-security safekeeping SIX maintains one of the world’s most up-to-date systems for the safekeeping and administration of securities.
Excellence In 2015 and 2016 SIX Securities Services topped the Global Custodian Magazine’s survey of “Agent Banks in Major Markets” for Switzerland and as an International Central Securities Depository (ICSD).
Payments & e-bill solutionsSIX operates real-time payments between banks, as well as platforms for direct debits and e-bills.
Land registry data SIX Terravis is the electronic information portal for land registry data and official cadastral survey data in Switzerland.
Once a trade has been agreed on an exchange, SIX Securities Services steps in. Providing services from clearing (where it acts as a Central Counterparty, CCP) to settlement, custody, securities finance, tax reporting, fund services and payments.
SIX acts as a contractual party between trading partners throughout Europe, functioning
as the central counterparty in order to reduce the risks for both buyer and seller.
In addition, SIX offers comprehensive custody services for the Swiss market and
over 50 others.
SIX then settles domestic and cross-border transactions electronically across all possible asset classes.
Clearing
Settlement
Custody
Securities finance
Payments
SIX maintains the multicurrency repo trading platform for over 160 participants, including the
Swiss National Bank (SNB).
International central securities depository (ICSD) in 55 markets
CHF 15 billion a dayflows back and forth in interbank payments via euroSIC (Swiss Interbank Clearing)
2 million timesHow often SIX acts as the central counterparty (CCP) in clearing each day
FACTS AND FIGURES
WORTH TO KNOW
SIX operates the Swiss Interbank Clearing system (SIC) for payments in Swiss francs and euroSIC for payments
in euros.
CHF 3,150 billion was managed in custody accounts by SIX as the central depository (CSD) for Swiss securities at the end of 2016
THE POST-TRADE VALUE CHAIN
SIX Financial Information specializes in procuring, processing and distributing financial information. In addition, SIX is the official issuing agency for security identification numbers in Switzerland, Liechtenstein and Belgium.
Reference data encompass the full life cycle of a financial product (e.g. data and corporate actions)
Price data include, for example, current
trading prices based on price, security ID number and
trading venue
Corporate actions encompass company-specific events such as dividends, acquisitions and capital increases
Display products allow easy access and display of all the data offered by SIX in a standardized format
Value-added services are additional services based on
our reference data
6.85 billion pieces of price information are sent daily
In 23 countries SIX Financial Information is represented with offices in 23 countries
SIX Financial Information
READILY AVAILABLE HIGH-QUALITY FINANCIAL DATA
FunctionSIX provides high-quality reference data and services globally. Clients use these to optimize their operating procedures, risk management and compliance with regulatory requirements.
FACTS AND FIGURES
Regulatory servicesBy offering regulatory data services, SIX helps its clients to meet fiscal and regulatory requirements. SIX therefore offers financial data on around 60 international and national regulations and laws.
Financial information
from 1,500 sources
worldwide
Data input e.g. reference, market and tax data
Data processinge.g. data cleansing, analysis and enhancement
Data delivery and integration e.g. as a data feed, file or on-screen
Data use e.g. financial analyses, risk management, investment advice and reporting
From source to client
Search engines SIX supplies the leading search engines with up-to-date financial data.
On global radio and TV every day The latest stock market data from SIX can be viewed or listened to each day on SRF for example.
WORTH TO KNOW
CASHLESS PAYMENT
SIX Payment Services provides banks and merchants with secure and innovative solutions along the entire value chain of cashless payments.
Mobile innovation2016 SIX established together with its partners Switzerland’s mobile payment solution. Send and request money or pay in shops and restaurants. It’s easy and secure by smartphone with the T WINT payment app.
Payment Risk Management The Payment Risk Management of SIX (PRISMA) offers a range of solutions and services to help issuers, acquirers and merchants to manage their fraud risk. Starting with real-time decision engines, SIX operates full transactional and cardholder behavioral profiling, monitoring risk levels and alerting clients when suspicious activity or events occur. Teams of fraud experts manage the entire fraud lifecycle on behalf of clients, working closely with them to minimize risk.
CHF 207 million is processed daily in credit and debit card transactions
Customers can make cashless payments at over operated by SIX
SIX Payment Services
SECURITY AND EFFICIENCY IN CASHLESS PAYMENT TRANSACTIONS
FACTS AND FIGURES
ATMs SIX operates and main- tains over 14,000 ATMs in Switzerland, Liechtenstein, Austria and Luxembourg meeting the strictest standards for security, stability and availability.
Processing debit and credit cards As one of Europe’s largest transaction processors, SIX supports financial institutions in processing their entire card portfolios.
Close to the client SIX demonstrates its client proximity by providing personal support and a needs-oriented service. For example: customer loyalty programs, dynamic curren-cy conversion at the point of sale, gift cards, etc.
Unattended points of sale Quick, simple and secure card payments are also avail- able at unstaffed points of sale – both indoors and out.
Online payments SIX offers flexible e-com-merce solutions – for both simple and sophisticated Web shops. Worldwide.
Issuer
International card organizations
Cardholder
Thanks to the seamless interaction between card issuers, the card organizations
responsible for the infrastructure, and SIX as a technology partner and often also as an
acquirer, cashless payments are fast, secure and convenient.
Payment solutions from a single source SIX offers tailor-made, comprehensive solutions for cashless payment transactions at the point of sale: card acceptance, payment processing, infrastructure and value- added services.
Acquirer
Merchant
239,000 terminals
Card-based purchase
Authorization &settlement
Authorization &settlement
License agreement
Processing
Acc
epta
nce
cont
ract
Card contract
@
F
ee
Bill i ng
WORTH TO KNOW
billion transactionsOverall, SIX processed around 3.6 billion transactions in its card business in 2016.
3.6
Transaction processing for customers in 33 countries
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SIX Group LtdCorporate Communications Selnaustrasse 30P.O. BoxCH-8021 Zürich
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© SIX G
roup Ltd, 2017