III. Derivatives and Exchange Traded Products

Art. 6
Principle

¹ The delisting of derivatives and Exchange Traded Products is permissible only upon request.

² The issuer itself decides whether a derivative or an Exchange Traded Product can be delisted under the applicable conditions.

Art. 7
Application

¹ If the issuer or recognised representative applies for the delisting of derivatives or Exchange Traded Products, it must provide written justification for the application.

² The application must be submitted by the issuer, or by a recognised representative as defined in Art. 43 LR, no later than three exchange days prior to the announcement of the delisting, indicating the preferred date of delisting.

³ The following documentation must accompany the application:

1. confirmation that the issuer maintains all affected derivatives or Exchange Traded Products on its own books and the delisting therefore does not violate any investor-protection rights; or
2. if there is "open interest":
   1. confirmation that:
      - all investors who hold the derivatives or Exchange Traded Products in their safekeeping accounts have been notified by the issuer of the pending delisting and are in agreement with it;
      - the issuer will place no more derivatives or Exchange Traded Products with investors; and
   2. a declaration of indemnity vis-à-vis SIX Swiss Exchange or the appropriate trading platform; and
3. a copy of the "Official Notice" to be published.

Art. 8
Decision

The Regulatory Board will forward a decision to the issuer within two days of submission of the application.

Art. 9
Fees

Fees for the delisting of derivatives or Exchange Traded Products are assessed in accordance with the List of Charges.

See also:

• List of Charges (LOC)