Art. 39 Organisation and prevention of conflicts of interest
(Art. 44 FinMIA) 1 The operator of an organised trading facility shall issue regulations on the organisation of trading and monitor compliance with the statutory and regulatory provisions, as well as the trading process. 2 It shall keep a chronological record of all orders and transactions carried out through the organised trading facility. 3 In the event of agreements being made according to discretionary rules, identical client orders may be matched only if best execution can be guaranteed. Exceptions are permissible only if the clients concerned have expressly waived any claim to best possible execution. |