SIX to acquire 50% stake in REGIS-TR from Clearstream

SIX will acquire a 50 per cent stake in REGIS-TR during the first half of 2022, from joint venture partner Clearstream.

The acquisition allows for the full consolidation and integration of the European trade repository REGIS-TR, within Zurich-based financial infrastructure operator SIX.

Javier Hernani, head securities services and member of executive board, SIX, says: "We are very happy to now fully integrate the REGIS-TR business, which has already been an integral part of BME’s business portfolio. We look forward to taking the business into its next phase of development within SIX."

Thomas Steimann, CEO of REGIS-TR adds: “With the acquisition, REGIS-TR will continue to leverage on the strong operational connections with SIX. We will take advantage of a very experienced and seasoned management team with a deep knowledge of the trade repository environment and continue with our dedication to service our customers.”

The joint venture between BME’s Iberclear — which was acquired by SIX in June 2020 — and Deutsche Börse’s Clearstream was established in 2010. This European trade repository processed more than 3.2 billion trade messages during 2020.