SIX recovers H1 data with real estate sale
SIX’s securities services operating income for the first half of 2016 was saved by the inclusion of a real estate sale worth CHF 26 million (USD 26.5 million).
The post-trade services provider boasted that its securities services business “achieved the strongest growth of all the business areas” with a total recorded transaction volume worth CHF 198.5 million (USD 202.6 million), up from CHF 177.6 (USD 181) at the same time in 2015.
However, without the sale of the Zurich property SIX would have been left CHF 5.1 million (2.9 percent) shy of last year’s target.
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