Markit will now provide over-the-counter (OTC) trade reporting for the SIX Swiss Exchange (SSE). The deal will allow foreign participants of the exchange to report their OTC trades in Swiss securities admitted for trading on a Swiss stock exchange through Markit BOAT. Markit’s platform offers a comprehensive view of the European OTC equity markets and gives users access to trade reports on an average of €375 billion of OTC trades in equities every day. The deal will provide flexibility of reporting venue and allow SSE’s remote members to choose the platform for their trade reporting needs.
Click here for the release from Markit.