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


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Art. 112 Duty

1 Coun­ter­parties must trade all de­riv­at­ives in ac­cord­ance with Art­icle 113 via:

a.
a trad­ing ven­ue that is au­thor­ised or re­cog­nised by FINMA; or
b.
the op­er­at­or of an or­gan­ised trad­ing fa­cil­ity that is au­thor­ised or re­cog­nised by FINMA.

2 This duty does not ap­ply to trans­ac­tions with small coun­ter­parties or for trans­ac­tions between such coun­ter­parties.

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