Diversified Financial Services
Company Overview of SIX Group AG
SIX Group AG provides services in the areas of securities trading and post-trading, financial information processing, and cashless payment transactions in Europe and internationally. The company operates through Swiss Exchange, Securities Services, Financial Information, Payment Services, and Corporate segments. The Swiss Exchange segment is involved in the trading of equities, bonds, structured products and warrants, exchange-traded products, and funds in cash and securitized derivatives market; admission of securities; distribution of raw market data and index products; and provision of index calculation services. The Securities Services segment offers clearing house and central counterpar...
Key Executives for SIX Group AG
Group Chief Executive Officer, Division Chief Executive Officer of Payment Services A. I. and Member of the Group Executive Board
Group Chief Financial Officer, Head of Finance & Risk Division and Member of the Executive Board
Chief Executive Officer of Global IT Division and Member of The Group Executive Board
Chief Executive Officer of Securities Services Division and Member of The Group Executive Board
Chief Executive Officer of Financial Information Division and Member of Group Executive Board
Compensation as of Fiscal Year 2015.
SIX Group AG Key Developments
Six and Swisscom to Drop Tapit
Aug 6 15
Six and Swisscom announced they are working towards a strategic partnership to establish a Switzerland-wide, universal mobile payment service in collaboration with banks. The basis for this partnership has been established in May when Six, UBS and Zurcher Kantonalbank launched the Paymit payment service. Paymit will now enter the next phase with the expansion to retail and commerce segments. Swisscom has decided to phase out the payment function on its own innovation project, Tapit, by summer 2016. The number of active users and credit card providers on Tapit has remained well below expectations. The discontinuation of the Tapit payment function will free up resources in mobile payment, which Swisscom can invest in its partnership with Six.
Deutsche Boerse In Talks To Acquire Stoxx And Indexium
Jun 29 15
In the context of evaluating investment opportunities in existing and new asset-classes, Deutsche Boerse AG (XTRA:DB1) has entered into negotiations with SIX Group AG regarding a full acquisition of the joint venture companies STOXX Ltd and Indexium Ag by Deutsche Boerse for a purchase price of CHF 650 Million. The parties want to clarify all other contractual modalities in the upcoming negotiations. In the event that the discussions with SIX Group AG can be brought to a successful conclusion, a binding agreement will at least be subject to the approval of the Supervisory Board of Deutsche Börse AG, potentially required regulatory approvals and the approval of the SIX Boards. Currently, Deutsche Börse AG owns 50.1% in STOXX AG and 49.9% in Indexium AG.
Similar Private Companies By Industry
Recent Private Companies Transactions
Most Searched Private Companies
Sponsored Financial Commentaries