SIX Launches Microwave Network

Last week SIX launched its new international microwave-based trading connections in Europe. The Swiss exchange offers the service through its new Zurich-based joint-venture 12H AG (“12H”) with the shareholders of the microwave solutions provider 12Horizons Pte Ltd. Microwave technology allows trade data for all securities listed at SIX to be transmitted more than twice as fast as connections based on commonly used fiber optic technology. SIX is the first exchange worldwide to own and operate an international microwave network in Europe. The new microwave network from SIX connects Zurich to London, Frankfurt and Milan as well as Milan to Frankfurt. The service enables trading participants of the Swiss exchange to execute their trading strategies faster and enhances their risk management.

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