Archive Trading Regulation - revised after 1 April 2010

Here you will find details on revisions to the trading regulations of SIX Swiss Exchange Ltd. Alongside initial, repealed and current and future versions, you will find here the corresponding SIX Swiss Exchange communiqués with additional information on relevant sections.

An archive for abrogated trading regulations of SIX Structured Products Exchange Ltd. is on the website of SIX Structured Products Exchange. 

Trading regulations abrogated as part of the comprehensive revision as of 31 March 2010 can also be found in the archive.

Type

Directives

85 results found

Entry into force date: Directives DIR03

Directive 3: Trading

Change in association with SWXess Maintenance Releases 6 (SMR6) / Amendment: Clause 9 in Annex F, Clause 6.1 lit. b and Clause 6.3 lit. b in Annex I, Clause 1 and Clause 4 in Annex M, Annex Q

Entry into force date: Directives DIR04

Directive 4: Market Control

Change in association with SWXess Maintenance Releases 6 (SMR6) / New: Clause 5.1 lit. d and Clause 5.2 para. 2

Entry into force date: Directives DIR05

Directive 5: Trading Without Pre-Trade Transparency

Change in association with SWXess Maintenance Releases 6 (SMR6) / Entire Directive

Entry into force date: Directives DIR07

Directive 7: Fees and Costs

Change in association with SWXess Maintenance Releases 6 (SMR6) / Amendment: Clause 1.2 , Clause 7.1, Clause 7.2, Clause 7.3 new Clause 7.4, Clause 7.4.4 para. 4, Annex A Clause 1.1, Annex B Clause 1.1, Annex J / New: Clause 8 ff., Annex J Clause 1 / Deletion: Annex A Clause 3, Annex B Clause 3, Annex C Clause 3

Entry into force date: RR

Reporting Rules (revised)

Change in association with SWXess Maintenance Releases 6 (SMR6) / Amendment: Clause 6.4.2, Annex A

Entry into force date: Rule Book RB

Rule Book

Change in association with SWXess Maintenance Releases 6 (SMR6) / Amendment: Clause 9.1, Clause 9.2, Clause 9.3 para. 4, Clause 9.4 para. 2, Clause 9.8 para. 3, Clause 10.5 new Clause 9.9, Clause 10.1, Clause 10.1.1, Clause 13. para. 3, Clause 13.1 para. 2 and 3, Clause 15.1.1 para. 3 / New: Clause 10.2, Clause 27 para. 11 / Deletion: Clause 11.2, Clause 15.1.2.2

Entry into force date: Directives DIR07

Directive 7: Fees and Costs

Reduction of Issuing Fees for Money Market Papers: Amendment: Clause 6 para. 4

Entry into force date: Directives DIR07

Directive 7: Fees and Costs

LPS tariff - Deletion: Clause 7.3.5 para. 2 lit. a New: Clause 7.3.5 para. 6 Amendment: Annex A Clause 1.2.6.2 and annex K Clause 1

Entry into force date: Rule Book RB

Rule Book

Amendments due to the entry into force of the Financial Market Infrastructure Act and related ordinances / Points 1, 3.1, 9.2, 9.6, 12, 20 and 24

Entry into force date: Directives DIR03

Directive 3: Trading

New Trading Hours and Trading Segment for Swiss Pfandbriefe / Section 20 lit. c New Annex K

Entry into force date: Cancellation date: Directives DIR03

Directive 3: Trading

Change in association with SWXess Maintenance Releases 5.1 (SMR5.1) / New: Clause 8 para. 4, Annexes A to M, Clause 2 para. 3, Annex C para. 1 Changed: Clause 20, Annex C

Entry into force date: RR

Reporting Office Rules for the Fulfilment of the Legal Reporting Requirements for Securities Dealers

Change in association with SWXess Maintenance Releases 5.1 (SMR5.1) / (Changed: Annex B)

Entry into force date: Rule Book RB

Rule Book

Change in association with SWXess Maintenance Releases 5.1 (SMR5.1) / Clause 13.1, 14.2.7 New: Clause 27 para. 9

Entry into force date: Cancellation date: Directives DIR07

Directive 7: Fees and Costs

Change to Trading Tariff - Liquidity Provider Scheme (LPS) / Adaptation: Section 7.3.5 para. 2 lit. c, para. 4 et para. 6 lit. b, Annex A Section 1.2.6 et Annex E

Entry into force date: Directives DIR02

Directive 2: Technical Connectivity

CTI Decommissioning (Deletion: Clause 6.1.2)

Entry into force date: Cancellation date: Directives DIR07

Directive 7: Fees and Costs

CTI Decommissioning (Amendment: Clause 2, Annex A, Clause 1.1, Annex B, Clause 1.1, Annex K, Clause 7.1 Deletion : Annex K, Clause 7.2) New trading tariff - Liquidity Provider Scheme (LPS) (Amendment: Clause 2, Clause 7.3.3, Annex A, Clause 1.1 New: Clause 7.3.1 para. 3, Clause 7.3.2, Clause 7.3.4 para. 1, Clause 7.3.5, Annex A, Clause 1.2.6)

Entry into force date: Cancellation date: Directives DIR07

Directive 7: Fees and Costs

Connectivity via new Access Point in London (Changed: in Annex K Clause 1-3, Clause 6.2 and Clause 8, New: in Annex K Clause 4)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Segmentation of bond market and amended trading model for bonds with different initial and minimum denomination

Entry into force date: Cancellation date: Directives DIR03

Directive 3: Trading

Segmentation of bond market and amended trading model for bonds with different initial and minimum denomination (New Clause 12.6 Deleted: Clause 13 ff., Annexes L -N and P, Changed: Annexes J, K and O )

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Reintroduction of trading segment Sponsored Foreign Shares (Annex D)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Reintroduction of trading segment Sponsored Foreign Shares (Annex E in clause 6, Annex I in clause 5)

Entry into force date: Directives DIR01

Directive 1: Admission of participants

Change in registration requirements for traders (New para. 2 in Clause 3.2.1)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Change of settlement cycle to T+2 (Clause 14, para. 2 lit. g)

Entry into force date: Cancellation date: RR

Reporting Office Rules for the Fulfilment of the Legal Reporting Requirements for Securities Dealers

Change in association with SWXess Maintenance Releases 5 (SMR5) / (Changed: clause 5 lit. d, g & h, Annex B), (New: clause 6.3.1 para. 2, Clause 7.1 para. 2, Clause 8.3, Clause 8.5 and Clause 11.5.2 para. 3)

Entry into force date: Rule Book RB

Rule Book

Revisions: Change of settlement cycle to T+2 (Clause 13.1)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Change in association with SWXess Maintenance Releases 5 (SMR5) (Changed: Clause 1.2, Clause 2, Clause 3.4 para. 2, Clause 3.6 para. 1, Clause 5, Annex D, Clause 3.1 in annexes H and I, New: Clause 3.3, Clause 4 para. 3, Clause 8.4, Clause 8.5, Deletion of Clause 6.2 in Annex K)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Change in association with SWXess Maintenance Releases 5 (SMR5) (Changed: Clause 5.1, Clause 5.1.3 lit. c, e & g, Clause 5.2, Clause 14 para 2 lit. g, Clause 17.2 para. 1, Annex E, New: Clause 5.1.2, Clause 5.2.2 Clause 15.1.2 para. 2, Clause 2 para. 2 in Annexes A to Q, Clause 6.2 para. 2 lit. b in the Annexes G and I, lit. d & e in Annex S)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Revisions: Change in association with SWXess Maintenance Releases 5 (SMR5) Deleted: Clause 11 para. 3, New: Clause 11.1 para. 2, Clause 13.2 para. 2, Clause 27 para. 7

Entry into force date: Cancellation date: Directives

Directive 1: Admission of Participants

Change in association with SWXess Maintenance Releases 5 (SMR5) (New Clause 5)

Entry into force date: Directives DIR08

Directive 8: Sponsored Access

Change in association with SWXess Maintenance Releases 5 (SMR5) (Change in Clause 8 para. 1)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Change of name from Scoach Switzerland Ltd. to SIX Structured Products Exchange Ltd.

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Trade suspension (Annex G, H, I and Q in Clause 4)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Regulation of short selling as part of self-regulation (New section VI, new Clause 19 and 20)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Revisions: Regulation of short selling as part of self-regulation New Clause 9.2 para. 4

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Change in association with SWXess Maintenance Releases 3 (SMR3) (Clause 1.2, Clause 2, Clause 9.2, new Clause 9.3, Annex K Clause 6.1, Clause 6.2, Clause 6.4, new Clauses 6.4.1, 6.4.2 and 6.5) / Adjustment to Issuing fee (Clause 6 para. 4)

Entry into force date: Cancellation date: Directives DIR02

Directive 2: Technical Connectivity

Change in association with SWXess Maintenance Releases 3 (SMR3) (Clause 6.1.1, Clause 6.1.3, new Clause 6.1.4, Clause 6.2.2 para 1)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

CHF Bonds with different initial and minimum denomination (Annex K Clause 2, new Clause 4.2)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Introduction of Sponsored Access (Clause 1.2, new Clause 3.5)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Revisions: Introduction of Sponsored Access New Clause 4.3.4, Clause 6.2 para 1 lit. b

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Introduction of Sponsored Access (Clause 5.2, Clause 14 para 2 lit. h)

Entry into force date: Directives DIR06

Directive 6: Market Information

Introduction of Sponsored Access (Clause 4 para 2)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

New trading segment (Sponsored Funds) (New Annex G)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

New trading segment (Sponsored Funds) (New Annex I) / Adjustments to price steps (Annex G, H and Q in Clause 5)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Revisions: Change in association with SWXess Maintenance Releases 3 (SMR3) / Reporting functions Clause 11.1.1 lit. k, 11.1.3-11.1.4 / Bonds with differing nominal and coupon currencies Clause 14.2.3 lit. c

Entry into force date: Cancellation date: Directives

Directive 3: Trading

New para. 2 in Clause 3, Clause 9, Clause 14 lit. k, Clause 15-17, Annexe A Clause 9 & 10 para. 2, Annexe B Clause 9 & 10 para. 2, Annexe C, Clause 8, Annexe D-F, Clause 8 & 9 para. 2, Annexe G & F, Clause 8, Annexe I, Clause 9, Annexe J, Clause 10, Annexe K-M, Clause 9, Annexe O, Clause 8 & 9, Annexe P Clause 8, Annexe R, Annexe S / Swiss Pfandbriefe (Annexe J, Clause 4 para. 4, Clause 5 para. 2, Clause 8, Clause 9)

Entry into force date: Cancellation date:

Reporting Office Rules for the Fulfilment of the Legal Reporting Requirements for Securities Dealers

Change in association with SWXess Maintenance Releases 3 (SMR3) / Change in association with SWXess Maintenance Releases 3 (SMR3) / Terminology (Trade and Transaction Reports, Trade Type) (Clause 6.1, Clause 6.2.2 para. 2 Clause 6.4.2 para. 3, Clause 6.4.3 para. 2, Clause 7, Clause 10 para. 2, Annexe A) / Reference to legal requirements and FINMA Circular 2008/11 (Clause 2, new Clause 3.1 para. 2, Clause 3.2.1 lit. a deletion Clause 3.2.2 para. 2) / Reporting functions (One-sided and Two-sided Trade Reports) (New Clause 6.3) / Correction and cancellation of reports (Clause 9, new Clause 4 in Annexe B) / Entry into force and revision (New Clause 11.5.2) / Reference to legal requirements and FINMA Circular 2008/11 (New para. 2 in Clause 7.2)

Entry into force date: Directives DIR04

Directive 4: Market Control

Change in association with SWXess Maintenance Releases 3 (SMR3) (New para. 3 in Clause 3, Clause 5.1 para. 2 lit. b, Clause 5.5 (new), Clause. 6.1 lit. a and b, Clause 6.4, New para. 2 in Clause 6.5)

Entry into force date: Directives DIR05

Directive 5: "Over the Exchange" Services

Change in association with SWXess Maintenance Releases 3 (SMR3) (New para. 2 in Clause 4.3 , Para. 2 in Clause 4.6)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Change in association with SWXess Maintenance Releases 3 (SMR3) (New Clause 5.3 and 5.4, Clause 7.3 para. 4 lit a (new) and b) / Rate (group) for participants with Commitment Level (New para. 5 in Clause 7.3.) / Tariff for newly admitted participants (Annexe A Clause 1.1, New Clause 1.2.1) / Increase capacity Standard Trading Interface (STI) (Annexe J Clause 6.1 Abs. 5 and 6)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Changes of the calculation of the commitment levels and in context of X-stream INET and Co-Location. (Clause 2, Clause 7.3 para. 4 lit. D, Annexes A and B, Clause 1.1, Annex J, Clause 1, Clause 3, Clause 6.3 and Clause 6.4)

Entry into force date: Cancellation date: Directives

Directive 2: Technical Connectivity

Introduction of interfaces OUCH and ITCH (Clause 6.1.3 and Clause 6.2.2)

Entry into force date: Cancellation date: Directives

Directive 6: Market Information

Amendment ITCH (Clause 2)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Revisions: Amendments due to the addition to the Stock Exchange Ordinance (SESTO) to permit the admission of unsupervised foreign proprietary dealers (SESTO Art. 53a), and the entry into force of the Federal Code of Civil Procedure effective 1 January 2011. Clause 3.1 and Clause 24

Entry into force date: Cancellation date: Directives

Directive 6: Market Information

Changes regarding the further use of market information and introduction of an authorization requirement for this purpose. (Clause 4, new Clause 5, old Clauses 5 and 6 now Clauses 6 and 7)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Changes regarding the participant admission fee / Changes in connection with SWXess Maintenance Release 1.2 regarding fees for trading Blue-Chip Shares on a separate trading line (Annexes A and B, introduction to each)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Change in association with SWXess Maintenance Release 1.2: New: Disclosure of counterparty in trading in blue chip shares on a separate trading line, and in rights (Annex A, Clause 8, Annex C, Clause 7)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Introduction of a new commitment level. Fee for the SIX Swiss Exchange Liquidnet Service (SLS) (Annex A, Clause 1, Annex J, Clause 5, Annex I, Clause 1)

Entry into force date: Cancellation date: Directives

Directive 1: Admission of Participants

Introduction of provisional trader registration for new participants (New para. 3 in Clause 3.2.3 )

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Renaming of Annex I and deletion of provisions on the Swiss Block (Annex I)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

New provisions on "over the Exchange" services. Deletion of provisions on the Swiss Block. Clause 11.2, Clause 13.1, Clause 15, Clause 15.1.2

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Amendments to trade type codes in connection with the new SIX Swiss Exchange Liquidnet Service and the cessation of the Swiss Block (Annex R)

Entry into force date: Cancellation date: Directives

Directive 5: "Over the Exchange" Services

Change to the name and purpose of the Directive, formerly known as the "Swiss Block". First-time inclusion of provisions on the SIX Swiss Exchange Liquidnet Service. Deletion of provisions on the Swiss Block. (Entire Directive)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

New fee structure for small and mid-cap shares, and for secondary-listed shares. (Annex B and C) / Introduction of pro-rata charging for the annual fee. (Clause 3)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

First-time inclusion of ETPs (Annex F)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Additions in connection with the introduction of ETPs (Clause 13, new Annex P)

Entry into force date: Cancellation date: Directives

Directive 2: Technical Connectivity

Introduction of different options for participant interfaces (Clause 6)

Entry into force date: Cancellation date: Directives

Directive 4: Market Control

Changes in response to the new mistrade regime (Clause 6.3, deletion of para. 4)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Adjustments to the connectivity fee structure (inclusion of proximity services) (Annex J)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Abolition of OPS capacity fee (Deletion of the corresponding provisions)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Introduction of special price steps in yen for ETFs and ETSFs (Annex G and H, Clause 5 of each)

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Adjustment to QPS capacity fee for ETFs and ETSFs (Annex F, Clause 3)

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Adjustment of trading hours for ETFs and ETSFs. / Extension of delayed opening to secondary-listed shares. (Anhang G und H, je Ziff. 1 Anhang D, Ziff. 4)

Entry into force date: Cancellation date: Rule Book RB

Rule Book

Initial version

Entry into force date: Cancellation date: Directives

Directive 3: Trading

Initial version

Entry into force date: Cancellation date: Directives

Directive 7: Fees and Costs

Initial version

Entry into force date: Cancellation date: Directives

Directive 2: Technical Connectivity

Initial version

Entry into force date: Cancellation date: Directives

Directive 1: Admission of Participants

Initial version

Entry into force date: Cancellation date: Directives

Directive 6: Market Information

Initial version

Entry into force date: Cancellation date: Directives

Directive 5: Swiss Block

Initial version

Entry into force date: Cancellation date: Directives

Directive 4: Market Control

Initial version