SIX VDF - Data interruption PLEASE CHECK!

Dear all

Would you be so kind as to state in the enclosed .xls the situation at your bank.

I will then afterwards discuss with  Philipp and the board possible next steps with regard to informing our regulator.

We were stopped with Singapore data on the “apparent request of SGX claim for a non display contract” that SIX TKF wants to enforce for eod data.

My investigations have shown that SGX has not asked for that and that the FACHABTEILUNG from SIX TKF does not understand the types of licensing issues.

I also reference the DUD which we refused to sign for good reasons as SIX TKF just wants to shift their distributor liability to the banks and lets us pay separately for pricing to optimize their business while cashing in the full TKF Valor record. We have refused to sign DUD.

SIX has now terminated with us the IPS contract on its own initiative. We are replacing with BB (so this is not an issue) till the end of the year.

When talking to SGX the Exchange complained that not only SIX but also Thomson Reuters (for these SIPUG colleagues who have reference and eod data) is behaving similar with blocking data.

 This blocking of data has to be stopped.

 Appreciate that you can assist us

Best Bruno

Please send the file back to:
admin@sipug.ch

Memberassembly December 13th - 2017

Please register latest by Dezember 7th for the next member assembly.

We shall meet at SNB, Börsenstrasse 15, 8001 Zürich and the
assembly is followed by a dinner at the Le Dezaley!