Switzerland: SIX, FlexTrade’s Spark EMS to Stream Real-Time Global Market Data

SIX, the global financial information provider, and FlexTrade Systems, a global firm focused on multi-asset execution and order management systems, have announced the integration and availability, as of now, of global real-time market pricing and reference data from SIX, into the Spark cloud-based EMS solution.

With this integration, traders using Spark EMS can “access and stream real-time global market data across multiple outputs, including desktop, browser, and API.”

Further, the new offering using SIX API, “combined with the one-click deployment of FlexTrade’s cloud-based EMS solution, delivers a compelling off-the-shelf trading solution that can help to reduce time-to-market for new fund launches.”

Shai Popat, Head of Product & Commercial Strategy, Financial Information at SIX, commented:

“SIX remains committed to providing high-quality, in-depth, and broad coverage of global market data using leading technology. SIX API has been developed to meet the challenges of an evolving marketplace, with flexible commercial models, and is part of our investment in a strategic technology program. The close partnership we have developed with FlexTrade enables us to meet market demands quickly, ultimately benefiting our mutual clients. We are thrilled to be working with the FlexTrade team.”

Adi Prnjavorac, General Manager, Spark EMS, stated:

“We are delighted to announce SIX as the latest partner offering available within the Spark ecosystem. Delivering choice to our clients and prospects with out-of-the-box integrations to a selection of market-leading propositions, such as SIX, is at the heart of the Spark EMS offering. It ensures our clients can reduce time to market when new business requirements arise, delivering a competitive edge. Our new integration with SIX is ready for client deployment, and we look forward to further developing the partnership.”

At this year’s SIX Annual General Meeting held recently, SIX has “announced the election of three new members to its Board of Directors, following the resignation of three previous members.”

Three long-standing members of the Board of Directors of SIX Group “have given their ordinary resignation due to the expiry of their term of office as well as their retirement.”

Herbert Scheidt has been “a member of the Board of Directors of SIX since January 2008. Lorenz von Habsburg Lothringen has been a member of the Board since May 2014.”

Dr. Jürg Gutzwiller has “been a member of the Board since May 2019.”

Thomas Wellauer, Chairman of the Board of SIX, said:

“On behalf of the Board of Directors, I would like to express my sincere gratitude to the outgoing members for their contributions to SIX. Their expertise, commitment, and insights have been invaluable in shaping the strategic direction of the company. We wish them all the best for their future endeavors.”

At the Annual General Meeting, the three successors “to the departing Board member were elected for a three-year term of office. Andreas E.F. Utermann, Chairman of the Board of Directors of Bank Vontobel AG and Vontobel Holding AG, Sven Holstenson, Managing Partner at Pictet Group, and Roger Reist, member of the Executive Board of Raiffeisen Switzerland and Head of Corporate Clients, Treasury & Markets at Raiffeisen were elected to the SIX Board of Directors today.”

Andreas E.F. Utermann, a British and German citizen, is “the Chairman of the Board of Directors of Bank Vontobel AG and Vontobel Holding AG since 2022 and Member of the Board of Directors since 2021.”

Utermann has “a strong background in finance, with previous roles including CEO and Global CIO of Allianz Global Investors Group.”

Prior to that, he “spent 12 years in various functions at Merrill Lynch Investment Managers. Utermann also serves as Governor at Birkbeck, University of London and Trustee at FT Financial Literacy and Inclusion Campaign.”

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