Katz Eyes the Competition

WATERS Q&A

Waters: It has been almost a year since you were appointed CEO. How have the last 12 months been? Christian Katz, SIX Swiss Exchange: They have been very exciting and eventful, and reflect the fact that we are in a highly competitive business. Although our market share has declined somewhat in 2010, our trading metrics have improved significantly. We have brought several projects to fruition recently, including a new rule book, which is basically a terms of engagement for our participants and