Swiss Exchange Unveils SFTR Service

As the first two phases of the Securities Financing Transactions Regulation (SFTR) went live last week, the Swiss Stock Exchange (SIX) announced its reporting service for the regulation is now live for the Swiss repo market. After launching its Collateral Cockpit in 2019 to give repo market participants the ability to view and manage collateral in real-time, the exchange said 170 clients can now benefit from the full service. SIX now automates the way it provides unique transaction identifiers (UTI) and for the delegated reporting, it partnered with the London Stock Exchange Group’s trade repository, UnaVista.