Swiss exchange group SIX reported an increase of 12% in its securities services business in the first half of 2016.
Total securities services operating income stood at CHF198.5 million compared to CHF177.6 million in the same period in 2015.
According to its earnings release, securities services achieved “the strongest growth of all the business areas in the first half of the year.”
Total securities earnings before interest and tax stood at CHF 46.6 million compared to CHF 30.9 million representing in the same period last year. This represented a 51.2% rise.
In other figures, total operating income stood at CHF 913.3 million representing a 2.9% increase compared to 12 months ago.
Securities services highs boost SIX in H1
SIX recorded strong results in its securities services business in the first half of the year.