Who assigns an individual member ID to all sponsored users?

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Multiple Choice

Who assigns an individual member ID to all sponsored users?

Explanation:
In a sponsored access setup, the market operator maintains the central identities and assigns the individual member IDs to all sponsored users. This ensures each user in the trading system is uniquely identifiable for traceability, risk management, and regulatory reporting. The sponsoring participant provides access and manages the client relationship, but the official ID that the system uses for each user is issued by SIX. The client doesn’t issue their own central ID, and the regulator doesn’t assign these IDs—the operator does, to keep activity accountable and auditable within the platform.

In a sponsored access setup, the market operator maintains the central identities and assigns the individual member IDs to all sponsored users. This ensures each user in the trading system is uniquely identifiable for traceability, risk management, and regulatory reporting. The sponsoring participant provides access and manages the client relationship, but the official ID that the system uses for each user is issued by SIX. The client doesn’t issue their own central ID, and the regulator doesn’t assign these IDs—the operator does, to keep activity accountable and auditable within the platform.

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