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Nasdaq To Provide Clearing Technology To SIX For Clearing Services

Nasdaq, Inc. (Nasdaq:NDAQ) today announced a new contract to deliver its clearing and real-time risk management technology via the Nasdaq Financial Framework to SIX, one of Europe’s leading providers of clearing services. The technology will power SIX’s clearing of pan-European equities and Nordic derivatives.

“We are happy to collaborate with Nasdaq, a long-trusted partner. We are certain that the new clearing infrastructure will provide our clients simplified and efficient access to markets and asset classes,” said Thomas Zeeb, Head Securities & Exchanges, SIX.

“SIX is an important central infrastructure provider, offering outstanding products and services for securities trading, stock market transactions, financial information and payment transactions,” said Adena Friedman, President and CEO, Nasdaq. "By leveraging our Nasdaq Financial Framework for the pan-European clearing business, SIX will be providing its clearing members with an integrated and streamlined experience. We are proud to support SIX’s growth ambitions through this important, long-term relationship.”

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

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