Applications for provisional admission to trading
of derivatives and bonds can be entered online using IBL. Different users in the same company can enter,
process and copy applications. Users with appropriate authorisations can thus submit entered applications to
the SIX Swiss Exchange efficiently by electronic means; signatures are no longer required. Physical documents are no
longer exchanged between the applicant and the SIX Swiss Exchange for provisional admissions.
The user and the company can receive information regarding the status of every application submitted to
the SIX Swiss Exchange via IBL as desired via the Web or even e-mail. The current overview of all applications and
information regarding individual applications can be accessed in detail as well as printed from PDF
files or saved to disk.
The IBL application comprises among other things an entry screen for entering information manually as
well as a functionality with which a number of applications can be sent to the IBL system automatically
at the same time (batch upload).
A batch upload is expedient if the products have already been entered in an internal database by the issuer.
These data can then be transferred directly to the IBL connection, making manual entry of the data unnecessary.
To do this the appropriate interfaces must be configured by the applicant
(recognised representative) or the issuer's
IT department. The specifications of the interface data format can be found at the right under
Securities master data
The data entered via IBL can be accepted by the SIX Securities Services as well as the
SIX Telekurs Ltd (as long as the applicant agrees to the data export). In this
way, all three partners in the
Swiss Value Chain can access the same set of master data.
The assignment of a security number, security symbol and (CH- and LI-)ISIN can also be made by
SIX Telekurs Ltd via IBL.
With IBL, products can be traded as soon as one day after receipt of the application. The issuer enjoys
the following advantages:
- the issuing activity is simplified;
with the optional inclusion of SIX Securities Services and SIX Telekurs Ltd in the processing of the application, the
admission procedure becomes more centralised and efficient;
- charges for admission via IBL are significantly reduced;
notices for debt securities according to
point 2.8 of scheme E[pdf] respectively
point 3.5 of scheme D[pdf]
can be published online via IBL.
Using IBL is free and not required. Charges pursuant to the valid
List of Charges apply to applications submitted via
IBL and are invoiced at the time of provisional admission.
Pursuant to Art. 27 para. 2 Additional Rules Bonds or
Art. 33 para. 2 Additional Rules Derivatives, a definitive listing application
must be submitted within two months following the provisional admission to trading via IBL.