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


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Art. 16 Protection against confusion and deception

1 The name of the fin­an­cial mar­ket in­fra­struc­ture must not lead to con­fu­sion or de­cep­tion.

2 The terms "stock ex­change", "mul­ti­lat­er­al trad­ing fa­cil­ity", "MTF", "cent­ral coun­ter­party", "CCP", "se­cur­it­ies set­tle­ment sys­tem", "SSS", "cent­ral se­cur­it­ies de­pos­it­ory", "CSD", "trade re­pos­it­ory", "TR", "DLT trad­ing sys­tem", "DLT trad­ing fa­cil­ity and DLT ex­change" may be used in con­nec­tion with the pro­vi­sion of fin­an­cial ser­vices only to des­ig­nate a cor­res­pond­ing fin­an­cial mar­ket in­fra­struc­ture sub­ject to this Act.11

11 Amended by No I 10 of the FA of 25 Sept. 2020 on the Ad­apt­a­tion of Fed­er­al Law to De­vel­op­ments in Dis­trib­uted Ledger Tech­no­logy, in force since 1 Aug. 2021 (AS 2021 33, 399; BBl 2020 233).

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