SIX to Offer CONNEXOR Service to the Spanish Market

As part of the continuing integration of Bolsas y Mercados Españoles (BME) into SIX, the well-established CONNEXOR service is now being made available to warrants issuers in Spain. The SIX Swiss Exchange reference data distribution platform has become a standard in the Swiss market and is used in more than ten other countries worldwide.

CONNEXOR enables issuers to have their product rapidly admitted to trading while it allows non-listed instrument data to be captured and distributed in a standardized manner, which guarantees fast and error-free information across the board. Issuers can additionally automate some of their reporting processes, making it easier to electronically submit product event information during the lifecycle of a product.

CONNEXOR is a SIX Swiss Exchange platform based on the highly scalable XML (Extensible Markup Language) data format, and facilitates the efficient management of reference data throughout the entire life cycle of a financial product.

Reference data is captured electronically in a standardized way, directly at source, even for instruments listed on other exchanges, OTC or private placements. This allows for straight through processing, making data available to any number of data consumers in a standardized manner, without any changes to content. The process is fast, efficient and eliminates repeated efforts across different interfaces and data models.

Since the launch of the service in Switzerland in 2009, it has become the reference data communication standard for structured products in the Swiss market and in other European countries. Numerous market participants such as financial institutions, data vendors, investors, technology partners, public authorities and other reference data users are already connected to the infrastructure. CONNEXOR is available in more than ten countries (Switzerland, Germany, France, United Kingdom, Hong Kong, Singapore, United Arab Emirates, Netherlands, Luxembourg, Ireland, United States, and others).