Ordinance of the Swiss Financial Market Supervisory Authority on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading

(Art. 123 para. 1 FMIA)

¹Any time frame cal­cu­lated by trad­ing days starts on the first trad­ing day fol­low­ing the trig­ger event.

²Any time frame cal­cu­lated by weeks ends in the last week on the same day as the day on which the trig­ger event took place. If this day is not a trad­ing day, the dead­line is on the next trad­ing day.

³Any time frame cal­cu­lated by months ends in the last month on the same date as the date on which the trig­ger event took place. If this date does not fall dur­ing that month, the dead­line ends on the last day of the last month; if the day is not a trad­ing day, the dead­line ends on the next trad­ing day.

⁴Trad­ing days are those days on which the rel­ev­ant stock ex­change in Switzer­land is open for trad­ing ac­cord­ing to its trad­ing cal­en­dar.