SIX Swiss Exchange today announced that Pictet, a Swiss private bank, has connected to SLS, the SIX Swiss Exchange Liquidnet Service.
We are happy to offer our existing and new clients direct access to SLS.
SLS is a long-standing partnership of SIX Swiss Exchange with Liquidnet in which sellside firms providing block-size orders add to its diverse pool of Liquidity . Alongside Liquidnet, SLS offers access to genuine block liquidity with unparalleled average Execution size, providing maximum price improvement and minimal market impact.
Commenting on the agreement, Philippe Givel, EVP, Global Head of Sales at Pictet, said: "We have seen growing demand for trading block liquidity and are happy to offer our existing and new clients direct access to SLS."
Pictet is one of Switzerland's leading private banks and prominent independent asset managers in Europe. With its connection to SLS, Pictet joins a community of over 780 buyside institutions actively trading in over 3,800 large, mid and small cap stocks across Switzerland, Austria, Belgium, Denmark, Finland, France, Germany, Netherlands, Portugal, Sweden and the United Kingdom.
SIX Swiss Exchange, an independent European exchange, offers liquidity in trading of Swiss securities and connects companies around the world with international investors and trading participants. Finance Magnates last reported on the exchange back in June after it welcomed Jane Street Financial Ltd as a new participant.