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Settlement is the transfer of ownership and exchange of securities generally on a
delivery-versus-payment (DvP) basis. This leads to settlement finalitiy of a trade and is usually supported
by a central securities depository (CSD or ICSD).
SIX Swiss Exchange's settlement solution
SIX Swiss Exchange uses an integrated settlement solution - a facility based on the cooperation
of recognised central securities depositories that are incorporated in the straight-through
processing process. For detailed information, please consult the list of recognised
settlement organisations and central securities depositories.
Bilateral settlement
The following trades are settled directly by both trading parties or their agents:
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Trades in non-CCP securities
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Description
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Recognised settlement organisations and central securities depositories
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