Skip to content
Subscriber Only

SIX Vies With Banks by Launching Corporate-Bond Platform

Updated on

The owner of SIX Swiss Exchange will become the latest exchange operator to compete for a share of corporate-bond trading when it launches an electronic platform to trade the securities in the first half of this year.

SIX Group AG plans to attract large or infrequently traded blocks of bonds to the platform, it said in a statement. The Zurich-based company said the new venue would provide a different service than the banks because it would remove the problems of poor liquidity, small trade sizes, time-consuming negotiations and possible early disclosure of order information.