SIX Extends Nasdaq's Technology Contract to Further Enhance Trading Process

Nasdaq and SIX Swiss Exchange have announced the extension of their current technology contract, which includes X-stream INET Trading technology for all SIX markets, including equities, ETFs, structured products, funds and fixed income, as well as SMARTS Market Surveillance and Nasdaq Pre-Trade Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.

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In addition, the new SIX Swiss Exchange At Midpoint (SwissAtMid) dark pool was launched on Nasdaq trading and surveillance technology earlier this month, as reported by Finance Magnates.

Christoph Landis, Division CEO, SIX Swiss Exchange, commented: "Our broadly diversified international client base benefits from the multifunctional and high-performance Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term as well as from the surveillance and control instruments. The cutting edge X-stream INET Trading technology allows for the implementation of investment decisions in a stable, secure and reliable trading environment and therefore supports us in serving our clients."

Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq, added: "SIX is one of the leading exchanges in the world who consistently strives to bolster reliability, latency and capacity performance across their markets. It's an honor to support them in their ongoing technological and innovative endeavors."

Long-Term Partnership

SIX Swiss Exchange connects companies from around the world with international investors and trading participants. Nasdaq's exchange technology, meanwhile, which includes trading, clearing, CSD and market surveillance systems, operates in over 100 marketplaces across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean. The two companies have been in partnership for over 10 years.