SIX Group to clear for Chi-East

Swiss exchange operator makes first big step to expand its post-trade services in the Far East

Swiss exchange operator SIX Group has agreed a deal to clear for Chi-East, the trading platform jointly owned by the Singapore Exchange and Chi-X Global, as it pushes ahead with its plans to expand its post-trade services eastwards.

SIX x-clear, the clearing arm of SIX Securities, is set to become the second firm to clear trading in Japanese and Australian securities on Chi-East, in addition to LCH.Clearnet, the Anglo-French clearer.

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