Today, SIX Swiss Exchange launches its Access Point service in London. This additional connectivity option offers participants more flexibility to choose the ideal setup that meets their requirements, strengthens their solutions and allows them to take advantage of the outstanding liquidity across our wide range of attractive trading segments.
With the new Access Point service from SIX Swiss Exchange, existing participants in the UK can reduce connectivity costs by up to 25% while benefitting from a sustained and improved latency by 15% on average compared to conventional connectivity implementations. Only Co-Location offers a faster access to one of the world's most advanced trading platforms. Therefore the new Access Point also constitutes an attractive service for participants interested in a direct membership.
Chris Landis, Head Operations at SIX Swiss Exchange, commented: "We have consistently made a focus on customers over the last few years, which has allowed us to attract liquidity and strengthen our position as the independent investment network of choice. Today represents the next milestone in our continuous pursuit to increase our client centricity. With our new access points we are excited to offer our existing and potential new trading participants a cost-efficient option to connect to our growing market."
Established and renowned partners
The Access Point service in London is available via two Points of Presence located in the data centres of Equinix andInterxion, two long-standing partners of SIX Swiss Exchange. Participants can reduce complexity according to their needs and, from a single location, benefit from potential economies of scale and diversity both campuses offer.
"Equinix is delighted to extend our relationship with SIX Swiss Exchange by implementing its Access Point service in our London Slough Data Centre campus" said Stuart Turnham, Director Enterprise and Financial Services, Equinix EMEA. "Having the additional connectivity option in our London facility provides market participants within our London Slough campus to directly access multiple SIX Swiss Exchange trading segments and interconnect with over 200 execution venues, trading participants, market data vendors and technology service providers already deployed within our multi-asset class electronic trading ecosystem."
Adriaan Oosthoek, UK Managing Director of Interxion, is also pleased to welcome SIX Swiss Exchange into their Data centre: "The launch of this access point adds great value to our community of over 200 financial service institutions by significantly reducing costs and latency for accessing the SIX Swiss Exchange trading platform from London. This announcement further reinforces our position as a leading provider of connectivity services to the financial community."
Marked increase in trading activity on SIX Swiss Exchange
In 2014, SIX Swiss Exchange enjoyed another very successful year, recording double-digit growth rates for both turnover and transactions. With an increase of over 14%, turnover in 2014 significantly surpassed CHF 1'000 billion. Of the total of CHF 1'148.1 billion, 851.5 were reached in the segment Equities (incl. Funds and ETPs) which grew by even 18.8%. In 2015, more historic records were established.
The SIX Swiss Exchange website provides more information on the broad connectivity options and the numerous benefits of becoming a trading participant on SIX Swiss Exchange.