SIX Swiss Exchange to Merge SIX x-clear, BME Clearing Houses

02:17 AM EST, 12/04/2025 (MT Newswires) -- SIX Swiss Exchange plans to merge its two clearing houses into a single multi-asset clearing house to optimize processes, according to a Thursday release. The Swiss bourse operator's SIX x-clear in Switzerland and BME Clearing in Spain will be merged into SIX Clearing, subject to regulatory approvals. The merged entity will be headquartered in Madrid, with presences in Zurich, Switzerland, and Oslo, Norway. With BME Clearing's European Union license, SIX Clearing will gain access to the European Central Bank's euro liquidity and multilateral trading facilities. Further, the bourse operator will transfer SIX x-clear's interoperability links and functions to the new entity.