Ordinance
on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(Financial Market Infrastructure Ordinance, FinMIO)


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Art. 23 Non-discretionary rules

(Art. 26 and 42 Fin­MIA)

Rules are deemed to be non-dis­cre­tion­ary if they grant the trad­ing ven­ue or the op­er­at­or of an or­gan­ised trad­ing fa­cil­ity no dis­cre­tion in the am­al­gam­a­tion of of­fers.

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