SIX and Aquis announced today that Aquis Technologies has been selected as the technology provider to implement a harmonized trading platform for SIX.
The implementation of a common trading platform across all exchanges managed by SIX – including SIX Swiss Exchange, Bolsas y Mercados Españoles (BME) and Aquis – will facilitate a unified experience for clients. With a harmonized ‘one plug, multiple trading venues’ connection, clients will benefit from innovative trading solutions, easy market access and ultimately more liquidity.
Exchanges will be executed through the “Aquis Equinox” matching engine: a technology solution that currently supports multiple exchanges and trading venues worldwide, including Aquis, offering high availability, exceptional robustness and fault tolerance, industry-leading ultra-low latency and 24/7/365 uptime. Based on Aquis’ technology, SIX is building a next-generation pan-European platform that provides harmonized access to customers across all SIX venues, strengthening its position as an innovative exchange.
Aquis’ technology offering has built strong momentum in recent years. A growing number of financial institutions around the world are now powered by Aquis technology and with SIX one of the largest primary exchange groups in Europe. As exchange innovators, SIX and Aquis will continue to build on this successful foundation by further expanding its technology activities in the coming years.
Tomas Kindler, Global Head Exchanges & Executive Board, SIX, said:
“The harmonization of all our platforms through Aquis’ state-of-the-art, regulatory-grade technology represents an important technological milestone for SIX and a decisive leap in our evolution as a pan-European innovative exchange. With the concept of ‘One Plug, Multiple Trading Venues’, our existing participants in the Swiss and Spanish markets will be able to benefit from a new trading system. access to investment opportunities in multiple markets with a single harmonized standard for connecting to our multiple trading platforms This harmonization will significantly reduce operational complexity and provide participants with the best possible trading experience and access to services through some of the most advanced trading technologies available today.
David Stevens, CEO,
“The decision by SIX – one of Europe’s largest exchange groups – to use Aquis’ technology only enhances the strength and capability of the Aquis matching engine and related services. Alongside our work to create a leading harmonized platform for SIX exchanges, we are excited to continue to expand our technology offering and customer base in the coming years.”
The new platform for equity and similar products is expected to launch in 2027, with other asset classes to follow.
SIX works closely with the relevant regulatory authorities to obtain the necessary approvals, ensuring that all required authorizations are in place to further enhance the trading experience for clients across Europe.