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

(Art. 38 Fin­MIA)

¹ The par­ti­cipants ad­mit­ted to a trad­ing ven­ue shall keep a re­cord of all or­ders they re­ceive and all se­cur­it­ies trans­ac­tions they ex­ecute.

² The re­cord-keep­ing duty also ap­plies to or­ders and trans­ac­tions in de­riv­at­ives whose un­der­ly­ing in­stru­ments are se­cur­it­ies ad­mit­ted to trad­ing on a trad­ing ven­ue.

³ The re­cord-keep­ing duty ap­plies not only to trans­ac­tions on own ac­count, but also to trans­ac­tions ex­ecuted on be­half of a cli­ent.

⁴ FINMA shall reg­u­late what in­form­a­tion is ne­ces­sary and in what form it must be re­cor­ded.