Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


Open article in different language:  DE  |  FR  |  IT
Art. 52 Liquidity

1The cent­ral coun­ter­party must have suf­fi­cient li­quid­ity:

a.
to ful­fil its pay­ment ob­lig­a­tions in all cur­ren­cies un­der ex­treme but plaus­ible mar­ket con­di­tions, even in the event of the de­fault of the par­ti­cipant to which it has its greatest ex­pos­ure; and
b.
to be able to duly ex­ecute its ser­vices and activ­it­ies.

2It shall in­vest its fin­an­cial re­sources solely in cash or in li­quid fin­an­cial in­stru­ments with a low mar­ket and cred­it risk.

Previous article Show article in the law Next article

Diese Seite ist durch reCAPTCHA geschützt und die Google Datenschutzrichtlinie und Nutzungsbedingungen gelten.

Feedback
Gesetzeskürzel Name
DE FR IT EN
DE FR IT EN
Laden