Obligations

Participants are required to comply with the statutory and regulatory provisions and rulings of the relevant supervisory authority and the Exchange.

Participants are required to ensure compliance and internal enforcement

  1. of Swiss and foreign exchange-related laws applicable to them, the corresponding implementing provisions and rulings of the relevant supervisory authority
  2. the code of conduct for securities trading as laid down in FMIA, the relevant FINMA circulars and the corresponding professional standards and
  3. the Rule Book, directives and rulings issued by Exchange bodies

Trading Regulations

Federal Decrees and FINMA Circulars

Entry into force date: FMIA

Financial Market Infrastructure Act

Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (Financial Market Infrastructure Act, FMIA)

Entry into force date: FMIO

Financial Market Infrastructure Ordinance

Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (Financial Market Infrastructure Ordinance, FMIO)

Entry into force date: FMIO-FINMA

FINMA Financial Market Infrastructure Ordinance

Ordinance of the Swiss Financial Market Supervisory Authority on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FINMA Financial Market Infrastructure Ordinance, FMIO-FINMA)

Entry into force date: BEHG

Börsengesetz, SR 954.1,SR 954.1, German

954.1 - Bundesgesetz vom 24. März 1995 über die Börsen und den Effektenhandel (Börsengesetz, BEHG)

Entry into force date: BEHV

Börsenverordnung, SR 954.11,SR 954.11, German

954.11 - Verordnung vom 2. Dezember 1996 über die Börsen und den Effektenhandel (Börsenverordnung, BEHV)

Entry into force date:

FINMA Circular 2013/8 - Market conduct rules

Supervisory rules for market conduct in securities trading