There’s no reason to use a TRS with the SP1 switch for our purposes - it’s toggling the common lug between the 2 other lugs, which is not really useful (you could assign both T and R to different switches in the FM3, but it would always switch one switch off and the other on every time you click it).
As documented in other threads, a latching switch is not ideal for use with Fractal devices - a momentary switch is almost always preferable. I recommend changing the SP1 switch to a momentary and then you need only use a TS cable and then can use one additional external switch into the same FM3 jack. If you’re not handy with making cables, you can use an ‘insert’ cable - TRS end goes to the FM3, one TS goes to the SP1 switch jack and the other TS goes to another jack. This is what I do on my big board and it works great:
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