SIX Plans International Post-Trade Services In Turkey
Strapline: Data Management
Post-trade services provider SIX Securities Services (SIS) has signed a memorandum of understanding with Takasbank and Merkezi Kayit Kurulusu (MKK), the Turkish providers of domestic post-trade services, to establish international post-trade services for the country.
Tomas Kindler, head of clearing relations, SIX Securities Services, says a "concrete date" for signing a legal agreement between the parties has not yet been set, but SIX expects to implement three services next year: SIX X-Clear
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