SLS, a long-standing partnership of SIX Swiss Exchange with Liquidnet, just announced that will give JP Morgan (NYSE:JPM) access to genuine block liquidity with unrivaled average execution size, providing maximum price improvement and minimal market impact.
SLS unites participants with over 830 buy-side institutions actively trading more than 3’100 large-, mid- and small-cap stocks across 13 markets.
Gregor Braun, Head Product Sales at SIX Swiss Exchange, commented:
To enjoy the benefits of SLS, our participants can use their existing connection without any additional fees or contractual agreements. This extends to the post-trade arrangements which include interoperable CCP.
Chris Andrew, Executive Director at JP Morgan, added:
This is a partnership that will add a unique pool of high quality liquidity to our client offering, consistent with our goal to provide the most diverse and optimal liquidity access.