Ordinance
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Art. 27 Pre-trade transparency
(Art. 29 paras. 1 and 3 lit. b FinMIA) 1 The trading venue shall publish the information communicated via its trading facilities on pre-trade transparency for shares throughout normal trading hours. 2 For each share, the five best bid and offer prices as well as the volume of orders are to be published. 3 Paragraphs 1 and 2 also apply for actionable indications of interest. 4 The trading venue may make provision for exceptions in its regulations for:
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