Six Swiss Exchange opens Cosi listings to UK banks

The exchange will allow UK banks to issue products using its collateral secured investments (Cosi) service from the UK. Germany is also expected to be on the list to receive the extended service

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Matthias Müller, Six Swiss Exchange

Banks with registered offices in the UK can now list on the Six Swiss Exchange, making use of the collateral secured investments (Cosi) service. The legal adjustments necessary to accommodate UK collateral providers and the changes to operational procedures have no impact on the rights of the investor, according to the exchange. Germany is expected to be one of the next countries to qualify for the extended service, according to Matthias Müller, senior product manager at the Six Swiss Exchange

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