SIX Deal Pool Service Launches in Swiss Fixed Income Market
The first transaction via SIX Deal Pool took place on the new central and electronic support tool for the Swiss Franc fixed income primary market in Switzerland. With the introduction of SIX Deal Pool, manual and bilateral processes are harmonized and simplified with a centralized electronic service used by both Buy-side and Sell-side. SIX Deal Pool offers institutional investors and banks information about upcoming Swiss Franc bond offerings in a timely, standardized and convenient manner. SIX Deal Pool is supported by 16 syndicate banks. As a neutral provider, SIX makes the same information available at exactly the same time to all recipients in a standardized format. 472 institutional investors and banks have signed up and benefit from the efficient new workflow for managing and distributing new issue information.