handout[pdf] - SIX Swiss Exchange

SPOT 2011
Open Day for Exchange Participants

SIX Swiss Exchange
SIX Swiss Exchange is a leading regulated securities exchange in Europe and unrivalled in the life science area.
As a key pillar of the Swiss financial sector’s infrastructure, it is an ideal listing location and helps create the
best possible trading conditions, connecting investors, issuers and participants from across the world. SIX
Swiss Exchange forms the efficient and transparent reference market for trading in its attractive segments of
equities, bonds, Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs). It invests continually in
high-performance exchange technology and achieves an optimal balance between innovation and stability,
boasting the best availability record of all venues in Europe. Its SWXess trading platform supports multiple
currencies and features an impressive selection of modular connection options as well as low latency in the
microsecond range and high capacity. As a reliable, well connected and highly engaged partner, SIX Swiss
Exchange enables the success of its customers.
SIX Swiss Exchange calculates a wide range of indexes – including Switzerland’s foremost equity index, the
SMI®, further benchmarks such as the SLI® and SPI® as well as bond, industry, sector and customer indexes.
SIX Swiss Exchange delivers its raw data to financial information providers in real time via SIX Exfeed. With
holdings in Scoach Switzerland, STOXX, Swiss Fund Data and Indexium, it is involved in successful joint
ventures that benefit all financial market players.
SIX Swiss Exchange is a company of SIX Group, which provides first-rate services worldwide in the areas of
securities trading, clearing and settlement as well as financial information and payment transactions.
www.six-swiss-exchange.com

Agenda
29 September 2011
ConventionPoint SIX Group
Zurich
Time Agenda Speaker
10:00 am Exhibition Opens incl. light refreshments
10:45 am Introduction and Welcome Christian Katz, CEO SIX Swiss Exchange
11:00 am–11:30 am Driving Down Latency in Supercomputers David Müller, Member of Management
and Commercial Applications
Supercomputing Systems AG
11:30 am– 1:30 pm Stand-up lunch
1:30 pm– 2:00 pm Latency in the Real World –
The Game of Truth or Dare
Donal Byrne, CEO Corvil
2:30 pm– 3:00 pm Trade Faster than You Can Blink Chris Landis, Head Operations SIX Swiss
Exchange
4:00 pm Doors Close
SPOT 2011 – An Open Day for Exchange Participants
Designed for Business and IT Professionals
Inform yourself on the latest developments in latency and meet a wide range of Exchange Industry
Service Providers.
Trading speeds have shown a relentless growth over the recent years and latency is one of the hottest topics
of discussion in the exchange industry. In this highly competitive environment, first-rate technology and
knowledge are key to developing profitable strategies for the future.
By organising the first Service Providers Outreach Event (SPOT) on 29 September 2011 at the ConventionPoint
in Zurich, SIX Swiss Exchange enables its trading participants and other members of the financial community
to meet a wide range of independent providers of software, services and connectivity relevant to the exchange
business.
ISV/ASP Relationship Managers:
Maneesh Wadhwa +41 58 399 5654, maneesh.wadhwa@six-group.com
Diarmuid O’Dwyer +41 58 399 2856, diarmuid.odwyer@six-group.com

Speakers
Introduction and Welcome
Christian Katz, CEO, SIX Swiss Exchange
Christian Katz is Chief Executive Officer of SIX Group’s Cash Markets Division. The
Division encompasses SIX Swiss Exchange and SIX Exfeed, a leading supplier of
raw financial data. SIX Swiss Exchange also operates several joint ventures including
Scoach, which is Europe’s first exchange to specialize solely in structured
financial products, Swiss Fund Data and STOXX, the European leader in financial
market indices and Indexium, the recently founded company providing state-ofthe-art
index calculation services.
Before joining SIX Group in early 2009, Christian Katz headed the representative
office of Goldman Sachs International in Switzerland, where he focused on the
firm’s institutional equity and derivatives business. Before that, he spent eight
years with JP Morgan Chase in London, where he was initially responsible for
institutional equity sales to Swiss clients and later the Head of Research Marketing
for Europe. He was also actively involved in international banking as a result of his
previous positions at London Forfaiting Company and SBC Warburg in Zurich,
London and Hong Kong. Christian Katz holds a Masters in Business and Finance
and a PhD in Finance from the University of St. Gallen, Switzerland.
Driving Down Latency in Supercomputers and Commercial Applications
David Müller, Member of Management, Supercomputing Systems AG
David Müller joined Supercomputing Systems (SCS) in 1999. As CTO and Department
Head for High Performance Systems he is responsible for SCS’s projects to
develop dedicated low latency networks for both scientific and commercial applications.
David holds a PhD in High Energy Particle Physics.
Supercomputing Systems is a spin-off company from ETHZ, founded in 1993. Our
current staff encompasses 70+ highly skilled engineers and scientists. SCS provides
professional R&D services to a wide range of customers in Switzerland,
Europe and in the US. The field of applications developed at SCS includes optimized
code for weather prediction, smart vision sensors for car driver assistance
systems and control systems for active medical devices.

Latency in the Real World – The Game of Truth or Dare
Donal Byrne, CEO, Corvil
Donal Byrne is the CEO of Corvil, and has over twenty five years experience working
in the field of high performance computer and network communication systems.
Donal joined Corvil in 2000 as the non-executive Chairman and since 2002
he has served as CEO driving the company to a leading position in latency management
for high performance trading systems.
Prior to Corvil, Donal was the Chief Marketing Officer of FirstMark Communications,
an alternate broadband service provider in Europe. In 1996, Donal cofounded
Berkeley Networks in Silicon Valley, which was acquired in 1998 by Fore
Systems, a leader in Internet switching. He was senior vice president of marketing
at Fore Systems until the company was acquired a year later by GEC. Between
1993 and 1996, he was director of architecture and product management at Bay
Networks (formerly Synoptics and Wellfleet), responsible for development of
next-generation routers and switches. Donal joined Synoptics from Digital Equipment
Corporation in Boston, where he led hardware and software engineering
development on a wide range of data switching and Internet routing products.
Donal holds a B.E. and M.Eng.Sc. degrees from University College, Dublin. He is
a frequent speaker at industry conferences and events, and has numerous publications
and patents in the field of high performance computing and low-latency
network communication systems.
Trade Faster than You Can Blink
Chris Landis, Head Operations, SIX Swiss Exchange
Chris Landis was elected to the SIX Swiss Exchange Management Committee in
2003 and is Head of the Operations Division. He has been employed by the SIX
Swiss Exchange and its predecessor organizations since 1993. Chris Landis bore
operational responsibility for the EBS project infrastructure.
Prior to becoming Head of the Member Support Center in 1995, he was in charge
of developing and conducting educational courses for trader representatives and
system administrators. In the capacity of Senior Vice President, Chris Landis has
been in charge of the Information Technology Division since 1999, with a major
focus on developmental and external IT projects. After graduating with a Type B
Matura in Zurich in 1978, Chris Landis continued studying in the fields of human
medicine, information technology and economics.

Exhibitors
Corvil Donal Byrne, Wayne Vinton, Lee Cox
Fidessa David Pearson, Mark Holden, Remi Chung, Ian Salmon, Ben Hamblin
Finanz und Wirtschaft www.fuw.ch
Fixnetix Karen Bertoli, Alasdair Moore, Jason Mochine, Matt Dangerfield
Horizon Connect Paul Colin de Verdière, Juan Carlos Calderon, Ahmed Farah
MACD/GLOX Tomas Fort, George MacDonald, Lucas Fowler
Oaris Kurt Meister, Roger Schuler, Rainer Schaub
Orc Andrea Beste, Johan Feinberg
Quanthouse Arthur Tricoire, Stephane Leroy, Lise Ceglia
RTS Group Christian Zahm
SIX Swiss Exchange Maneesh Wadhwa, Diarmuid O’Dwyer
Sol-3 Mathias Haque, Julian Labus
Sungard Front Arena Antonio Pulido Greaves, Urs Pfeifer, Christophe Bohler,
Nathan Evans, Mathias Remnefjord
Teleinvest Aurel Dan, Joseph Kuettel, Ionut Visan
Thomson Reuters Dennis Schindler, Carsten Kilz, Jan-Pieter Nentwig
TradingScreen Jonathan Jenkins, Alexandre van den Brande
Ullink Vincent Lemaire, Sridhar Srinivasan, Rob Van Der Aa

Corvil is the market-leading vendor of latency management
products for high-performance trading. Corvil’s
products provide precision monitoring,
troubleshooting and reporting of latency and trade
performance of applications and network infrastructure.
Corvil products are most often used in exchange
co-location, Direct Market Access (DMA) and highspeed
market data services to validate and/or demonstrate
speed and latency compliance of these services
to business stakeholders.
Corvil sells its products and services directly to the
world’s leading trading organizations including global
banks, exchanges, market makers and service providers
to financial markets. For more information please
visit www.corvil.com.
Website Address: www.corvil.com
Email Address: info@corvil.com
Telephone: +353 1 859 1000
Exceptional trading, investment and information solutions
for the world’s financial community.
85% of the world’s premier financial institutions trust
Fidessa to provide them with their multi-asset trading
and investment infrastructure, their market data and
analysis, and their decision making and workflow
technology. We offer unique access to the world’s
largest and most valuable trading community of buyside
and sell-side professionals, from global institutions
and investment banks to boutique brokers and
niche hedge funds.
$10 trillion worth of transactions flow across our
global connectivity network each year. Fidessa’s unrivalled
set of mission-critical products and services
uniquely serve both the buy-side and sell-side communities.
Website Address: www.fidessa.com
Email Address: info@fidessa.com
Telephone: +44 20 7105 1000
Fixnetix provides outsourced services for ultra-low
latency trading, market data, hosting and infrastructure
connectivity as well as risk management solutions
to leading global banks, hedge funds and
proprietary trading groups. The Fixnetix vision is to
analyze all parts of the technology chain and to
employ the best industry practices to implement the
solution. Fixnetix uses this methodology to provide
ultra-low latency data, trading, risk and hosting solutions
for multiple asset classes including Equities,
Securities, Options, Futures, Bonds, Commodities
and FX. Fixnetix is a Vendor of Record and Network
Service Provider for over 50 market venues such as
Exchanges, MTFs, ECNs and ATS’.
Website Address: www.fixnetix.com
Email Address: Karen.bertoli@fixnetix.com
Telephone: +44 758 595 6759
Horizon Connect provides global exchange and broker
connectivity to market players ranging from
latency-sensitive financial institutions to large market
makers seeking high-throughput trading systems.
The flexible architecture of our DMA gateways allows
for customization to integrate with existing solutions
and to satisfy specific requirements. Numerous addins
are available: pre-trade risk management, routing,
self-matching prevention.
Horizon Connect works in close collaboration with
Horizon Software, a provider of software solutions
and professional services to financial institutions all
over the world, helping them gain a competitive edge
in today’s fast-changing capital markets. All our gateways
can be used out of the box by Horizon Software’s
products.
Website Address: www.horizon-connect.biz
Email Address: sales@horizon-connect.biz
Telephone: +33 2 23 25 46 92

MACD is a leading provider of trading solutions for
the Swiss market.
GLOX, a powerful multi-asset OMS, offers an extensive
trading front end, as well as a FIX network. In
addition to SIX Swiss Exchange, we also provide connectivity
to UBS, CS, BBH, Swisscanto and Bloomberg.
Other markets including EUREX will be provided
in the near future – ask us for a complete list.
Connectivity to Avaloq, OTMS, Olympic and Apsys
are provided as standard.
Website Address: www.macd.com
Email Address: george.macdonald@macd.com
Telephone: +41 44 577 08 00
Orc is a leading provider of technology and services
for the global financial industry. Orc delivers trading
and market access solutions that are used by proprietary
trading and market making firms, investment
banks, hedge funds and brokerage houses worldwide.
Available as deployed software or as managed
services, Orc develops and provides the tools needed
for running profitable trading or brokerage businesses
in today’s competitive and ever-changing markets.
With market presence in all major global financial
centers, Orc provides sales and support services from
its offices across EMEA, the American and the Asia-
Pacific regions. Orc Group is publicly traded on NAS-
DAQ OMX Stockholm (SSE: ORC).
Website Address: www.orcsoftware.com
Email Address: andrea.beste@orcsoftware.com
Telephone: +49 69 7167 39 15
OARIS is offering consulting services, software services
and software solutions for banks in the area of
security transactions. The array of products goes
from the simple parameterizable FIX Order Routing
solution Xkyte FIXBox, the high-performance trading
system Xkyte Trading, the user-supported fund routing
system Xkyte Fund up to the flexible Xkyte Order
Management System Xkyte OMS. The OARIS modular
technique enables the fast implementation of customer-requested
solutions.
Website Address: www.oaris.com
Email Address: sales@oaris.com
Telephone: +41 43 343 30 00
QuantHouse is the world’s leading provider of next
generation trading solutions to cutting-edge financial
firms who want to take the lead.
Our flexible end-to-end advanced trading solutions
include:
• QuantFEED: ultra-low latency market data services
• QuantFACTORY: our advanced algo-trading development
tools
• QuantLINK: our high performance global trading
infrastructure services
With more than 15 international hosting facilities
within or near more than 45 exchanges all interconnected
by our proprietary fiber optic network, Quant-
House clients benefit from a leading global trading
infrastructure for ultimate trading results.
Website Address: www.quanthouse.com
Email Address: diliberti@quanthouse.com
Telephone: +33 1 73 02 15 75

RTS delivers high-performance, end-to-end technology
products and services across asset classes and
continents to elite financial institutions. The firm is
one of the world’s leading providers of ultra-low
latency, high frequency, robust algorithmic trading
solutions. RTS offers standardized low latency connectivity
gateways to more than 130 exchanges and
execution venues worldwide. In addition, the firm
provides proximity hosting and co-location services
for high-speed, ultra-low latency access to over 65
venues via its global data center network. RTS has
offices in Amsterdam, Chicago, Frankfurt, Hong
Kong, London, Mumbai, New York, Singapore and
Sydney.
Website Address: www.rtsgroup.net
Email Address: sales.eu@rtsgroup.net
Telephone: +49 69 610 090
Sol-3 GmbH & Co. KG has been a specialized software
vendor for electronic exchange trading systems
since 2000.
The product “Sol-3 Trader” is designed to meet the
requirements for today’s sophisticated exchange
trading.
The main focus is speed! Our aim is to provide a software
solution, which ensures long-term success for
our customers in continuously accelerating markets
and electronic trading.
Our customers benefit from a professional, comprehensive
and individual customer service as well as
from technical experience in connections to electronic
exchanges worldwide.
Our objective is to develop prime quality software
solutions through innovation, performance and particularly
in cooperation with our customers.
Website Address: www.sol-3.de
Email Address: mh@sol-3.de
Telephone: +49 6123 7029 12
SunGard is one of the world’s leading software and
technology services companies. SunGard provides
software and processing solutions for financial services,
higher education and the public sector. Sun-
Gard also provides disaster recovery services,
managed IT services, information availability consulting
services and business continuity management
software.
SunGard’s Front Arena is a global capital markets
solution that delivers position control and electronic
trading capabilities across multiple asset classes and
business lines. Integrating sales and distribution, trading
and risk management, and settlement and
accounting, Front Arena helps capital markets businesses
around the world improve performance, transparency
and automation.
Website Address: www.sungard.com/capitalmarkets
Email Address: elke.behrend@sungard.com
Telephone: +44 208 081 2355
TELEINVEST, an SWX approved ASP and ISV, is in the
business of linking buy-side, sell-side and proprietary
(Nostro) trading with the electronic market places on
and with internal host systems and applications.
TELEINVEST is considered by many as the tailormade
approach to individual solutions for the financial
industry.
TELEINVEST designed and built its proprietary technology
at a time when electronic securities trading
started in Switzerland and Europe, in the mid 1990’s.
We believe that vital qualities of a trading system, like
stability, reliability, performance and modularity can
only be guaranteed if the technology used is controlled
100% in-house.
Website Address: www.teleinvest.com
Email Address: mdan@teleinvest.com
Telephone: +41 21 691 47 56

Thomson Reuters is the world’s leading source of
intelligent information for businesses and professionals.
Through our worldwide footprint, technology
capabilities and content offerings we can help financial
firms scale their presence and business agility.
Thomson Reuters Elektron is a simple-to-access
global network that links the world’s financial institutions.
The shared platform provides connectivity to all
key markets and liquidity pools via a single access
point, reducing complexity, cost and time to market.
It delivers access to real-time data from more than
350 exchange and OTC markets, 14 million instruments,
along with proprietary news, evaluated pricing,
reference data, tick history and third party
content, at the speed and depth of information a firm
requires, as well as providing analytics and other
value-added services.
Website Address: www.thomsonreuters.com
Email Address: financial@thomsonreuters.com
Telephone: +41 22 722 3633
TradingScreen is a global provider of electronic trading
solutions. Through the innovative use of technology,
TradingScreen delivers a proven execution
management platform and a global network to access
any market, any counterparty and trade any financial
instrument, anywhere.
For a decade TradingScreen has provided solutions to
the fragmented marketplace, delivering a trading and
execution management infrastructure and a global
network enabling both buy-side institutions and sellside
firms to connect to each other, yielding improved
market access, reduced connectivity costs, increased
trading efficiency and fully automated workflow.
TradingScreen products support global order routing
of cash equity products, futures and options, foreign
exchange and fixed income instruments.
Website Address: www.tradingscreen.com
Email Address: geneva@tradingscreen.com
Telephone: +41 22 731 2252
Ullink is an independent software and managed services
firm, focused on electronic trading needs of
market participants (buy-side, sell-side, high frequency)
and liquidity destinations globally.
Clients benefit from Ullink’s modular front- and middle-office
solutions, across all asset classes, encompassing
low latency, algorithmic and direct market
access (DMA) trading; connectivity and order routing;
order management; and trading risk management.
The Ullink client experience is grounded in access to
the most current and innovative technology of its kind
available in the industry today. Clients link their existing
applications to Ullink’s UL Bridge connectivity
platform, select desired destinations and begin trading.
Ullink also provides low latency DMA to a growing
roster of liquidity destinations.
Ullink offers a menu of solutions deployable in-house,
via the UL Net global routing network, or as a fullymanaged
service (UL Net+). Fiber-optic connectivity
and co-location with select execution venues gives
UL Net+ a low latency performance record, while the
system’s full redundancy and ongoing monitoring by
Ullink ensures high availability. UL Net+ also includes
an advanced pre-trade risk component to filter orders,
and monitor positions globally across all asset classes.
Privately held Ullink services its clients, including toptier
global financial institutions, from offices in New
York, São Paulo, London, Paris, Hong Kong, Tokyo,
Cluj and Sydney.
Website Address: www.ullink.com
Email Address: sales@ullink.com
Telephone: +33 1 49 95 30 00

SIX Swiss Exchange Ltd
Selnaustrasse 30
P.O. Box 1758
CH-8021 Zurich
www.six-swiss-exchange.com