SIX Group Plans To Launch an Integrated Trading Platform In Partnership With Aquis

SIX Group says it will be integrating a shared trading platform across all its exchanges, including Aquis, Bolsas y Mercados Españoles, and SIX Swiss Exchange.

This comes a year after SIX completed the acquisition of London-based Aquis Exchange. The deal was valued at £207 million. SIX has not hidden its plans to expand its pan-European technology and trading footprints across Europe and other regions.

Six Wants To Offer A Unified Trading Access Across Its Networks

SIX Group noted that the initiative will offer clients a unified trading experience, allowing them to get all trading tools and accessories on a single platform. The single platform also provides multiple trading centers, making it easier to access all markets.

SIX wants to continue offering increased liquidity and innovative trading solutions to users. As the market continues to evolve, competition for traders and investors has become fiercer. SIX is leveraging its top technology and the trading platform Aquis exchange to offer seamless trading options to its users.

The exchanges will operate on the Aquis Equinox matching engine, according to SIX. The technology provides continuous uptime, super-low latency, fault tolerance, and high availability. It is a popular technology used by many exchanges worldwide.

SIX says it will use the system to launch a next-generation pan-European platform, offering a unified access to its users across its networks.

Financial institutions globally are increasingly adopting Aquis’ technology. The partnership with SIX will expand the use of the technology in the coming years. SIX is one of the largest exchange groups in Europe. The firm wants to capitalize on the technology’s popularity to expand its presence in European and other global markets.

SIX chose Aquis after a multi-level selection process that involved several vendors. The firm confirmed that both firms have started joint development work. The new platform is expected to go live in 2027. Before then, the firm hopes to integrate additional asset classes.

SIX Partners With Regulatory Bodies To Gain Approval For Its Expansion

Six is also collaborating with the relevant regulatory authorities to obtain approval for the platform’s official launch.

The firm has also expanded its clearing services in Spain through its Spanish CCP BME Clearing. The services now include multi-currency interest rate swaps. It will cover USD, GBP, CHF, NOK, and SEK.

SIX provides access across several asset classes. It integrates flexible account structures and risk management tools in line with the LSOC principle. The firm offers a wide range of services, including CCP fee savings, revenue-sharing programs, and simplified pricing. SIX also offers a cost-effective solution for market participants seeking to comply with European IRS clearing rules.