SIX x-clear AG

SIX operates Switzerland’s financial market and offers comprehensive services in the areas of securities trading, clearing and settlement, as well as financial information and payment transactions. The company is owned by its customers: approximately 140 banks of various size and business activities.

SIX x-clear AG is the 121st largest bank in Switzerland in terms of total assets. In 2014 its total assets were 1 076,49 mln CHF, providing the bank with the market share of 0.03%.

SIX x-clear AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

SIX x-clear AG is headquartered in Zürich.

Address
Zürich, Switzerland
Bank Category
Institutions with a special field of business
Start Date
2003
Total Assets (2014)
1 076.49 mln CHF  (+41.93%)
Deposit Guarantee
100 000 CHF

Financial Positions

Total Assets (2014)
1 076.49 mln CHF  (+41.93%)

In 2014 total assets of SIX x-clear AG were 1 076.49 mln CHF. Growth compared to the previous period (2013) was 41.93%. The evolution of the total assets of SIX x-clear AG is shown at Chart 1 below.

Total Assets of SIX x-clear AG. Chart 1. Total Assets of SIX x-clear AG.

Market Position and Market Share (among banks in Switzerland)

Total Assets (2014)
121st (market share 0.03%)

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 CHF per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of SIX x-clear AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

European Presence: 3 banks in 2 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Austria

Switzerland