INTERNATIONAL: SIX and the swissSPTC Collaborate for Efficient Transition to T+1

Friday September 12 2025

On 12^th September 2025, the Swiss Securities Post-Trade Council (swissSPTC) published its recommendations for the Swiss and Liechtenstein markets to ensure a successful adoption of the new market standard. SIX, as primary Financial Market Infrastructure (FMI), is participating in the specialized Task Force and will integrate the swissSPTC’s requirements in its own project.

Switzerland and Liechtenstein will move to a T+1 settlement cycle on 11 October 2027, in coordination with the EU and UK and in support of the key objective of a joint migration.  The move follows North America’s adoption of T+1 in 2024 and reflects a global shift toward faster settlement, which aim to reduce counterparty risk, enhance liquidity, and strengthen market stability. This move underscores Switzerland’s and Liechtenstein’s commitment to maintaining global market connectivity, competitiveness, and resilience.

The proposal framework covers all transferable securities executed on Swiss trading venues and settled within the Swiss central securities depository (CSD), SIX SIS.

SIX continues to actively adapt its services to the new standard, leading specialized working groups both in Spain and Switzerland, and participating in international initiatives. These efforts represent a key milestone in the transition process to T+1 in the European Union, Switzerland, Liechtenstein, and the United Kingdom.

Click on the above link for further information