Swiss Exchange Finalizes Fees for MTF Data Use

The SIX Swiss Exchange has announced a new category of fee-liable non-display data usage, specifically targeted at trading venues that use the exchange’s market data as a reference price to support their own competing marketplaces.

The revised policy now includes a new category of non-display usage known as “Reference Price-Based Systems,” which classifies execution venues according to the number of trading firms participating on their markets. Trading venues with up to 50 participants will be s

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: