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Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (Financial Market Infrastructure Ordinance, FinMIO)
Art.17Fair and open access
(Art. 18 FinMIA)
1 Fair access is deemed not to be guaranteed in particular if excessively high or objectively unjustified requirements are made, or if excessive prices are demanded for use of the services offered. Fee structures should not be conducive to disorderly market conditions.
2 The financial market infrastructure may make access conditional upon fulfilment of operational, technical, financial and legal requirements.
3 If it restricts access for reasons of efficiency, FINMA shall consult the Competition Commission as part of its assessment.