Artikel, Notizen und Markierungen werden geladen... Bitte um etwas Geduld.
Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (Financial Market Infrastructure Ordinance, FinMIO)
Art.126Price stabilisation after a public placement of securities
(Art. 142 para. 2 and 143 para. 2 FinMIA)
Securities transactions which are intended to stabilise the price of a security that has been admitted to trading on a trading venue or DLT trading facility in Switzerland and which fall under Article 142 paragraph 1 letter a and Article 143 paragraph 1 of the FinMIA are permissible if:51
a.
they are carried out within 30 days of the public placement of the securities to be stabilised;
b.
they are executed at a price that is no higher than the issue price, or, in the case of trading with subscription or conversion rights, at a price that is no higher than the market price;
c.
the maximum period during which the securities transactions can be carried out and the identity of the securities firm responsible for carrying them out are published before the start of trading with the securities to be stabilised;
they are reported to the trading venue or DLT trading facility at the latest on the fifth trading day following their execution and published by the issuer at the latest on the fifth trading day after the expiry of the deadline under letter a; and
the issuer informs the public at the latest on the fifth trading day following the exercising of an overallotment option (greenshoe) about the timing of the exercising, as well as the number and type of the securities concerned.
51 Amended by No I 10 of the O of 18 June 2021 on the Adaptation of Federal Law to Developments in Distributed Ledger Technology, in force since 1 Aug. 2021 (AS 2021 400).
52 Amended by No I 10 of the O of 18 June 2021 on the Adaptation of Federal Law to Developments in Distributed Ledger Technology, in force since 1 Aug. 2021 (AS 2021 400).
53 Amended by No I 10 of the O of 18 June 2021 on the Adaptation of Federal Law to Developments in Distributed Ledger Technology, in force since 1 Aug. 2021 (AS 2021 400).