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SIX Group AG Selnaustrasse 30 8021 Zürich, Switzerland http://www.six-group.com
Contact Mr Stephan Meier +41 58 399 32 90
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SIX Group AG

SIX Securities Services partners with Prague Stock Exchange

The clearing arm of SIX Securities Services, SIX x-clear Ltd, has signed a Memorandum of Understanding (MoU) with the Prague Stock Exchange (PSE) to become the international clearing house for the Czech market

(PresseBox) (Zürich, )
SIX x-clear Ltd will offer its highly recognized clearing and risk management services to the cash markets operated by PSE over the course of 2012 by establishing interoperability with CSD Prague. Going forward, the Czech market will benefit from choice and competition in clearing, resulting in more efficient services and lower end-to-end costs.

Urs Wieland, CEO SIX x-clear Ltd, commented: "We are delighted with our progress since the new interoperability framework was finally cleared this year, and we very much look forward to working with our partners in Prague."

Tomas Kindler, Head Clearing Relations SIX Securities Services, added: "This is
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.