Funtauna

Detailed overview of the amendments as of 15 May 2023

Trading Regulations - Detailed overview of the amendments Entry into force 15.05.2023

The following material amendments have been made to the Trading Rules:

Document Type Reference Title

Trading Rules New Clause 4.3.5 Routing Service Provider (RSP)

Change Clause 4.3.6 para.1 Clients with sponsored access (formerly Clause 4.3.5) (sponsored access)

New Clause 8.1 para. 1 lit. e) Suspension of participation

New Clause 30 para. 23 Revision

Directive 2: Change Clause 2 para. 2 General Technical Connectivity Change Clause 3 Definitions and abbreviations

  • ASP

  • RSP

New Clause 4.3 RSP connectivity

New Clause 6 Connectivity of routing service providers (RSP)

Change Clause 7.2.1 para. 1 Reference Data Interface (RDI) (formerly Clause 6.2.1)

Change Clause 7.2.2 para. 1 ITCH Market Data Interface (IMI) (formerly Clause 6.2.2)

Change Clause 7.2.3 para. 1 SIX MDDX Multi-Dimensional Data (formerly Clause 6.2.3) fluX™ Interface (SIX MDDX)

Change Clause 8.2 (formerly Clause 7.2) Personnel

Change Clause 8.3 (formerly Clause 7.3) Right to information

Directive 3: New Clause 5.1.2 para. 1 lit c) Order types – Retail order Trading New Clause 5.1.2 para. 1 lit d) Order types – Auction Volume Discovery order

New Clause 5.1.2 para. 2 Order types

Change Clause 5.1.3 para. 1 lit. e) Order specification - Order volume

Change Clause 5.1.3 para. 1 lit. f) Order specification – Price limit

Change Clause 5.1.3 para. 1 lit. i) Order specification – Routing Instruction

Change Clause 5.1.3 para. 2 Order specification

Change Clause 5.2.2 para. 2 Quote specification

New Clause 6 para. 2 Execution priority

Change Clause 7 para. 2 and 5 Auction and principle of highest executable volume

SIX Swiss Exchange AG T + 41 58 399 3030 Pfingstweidstrasse 110 www.six-group.com P.O. Box

Trading Regulations - Detailed overview of the amendments Entry into force 15.05.2023

Document Type Reference Title

Change Clause 8 para. 3 and 4 Continuous trading

Change Clause 11 para. 1 and 2 Exemptions from pre-trade transparency

Change Clause 12 para. 2 Pre-trade controls

New Clause 12 para. 3 and 5 Pre-trade controls

Change Clause 13 para. 1 a) – c) Trading interruption

New Clause 13 para. 1 f) Trading interruption

Change Clause 13 para. 2 and 4 Trading interruption

Change Clause 17.3 para. 2 and 3 Central Limit Order Book (CLOB) - Pre-opening

Change Clause 17.4 Central Limit Order Book (CLOB) - Opening

Change Clause 17.6 Central Limit Order Book (CLOB) - Closing auction

Change Clause 17.9 para. 3 Central Limit Order Book (CLOB) - Post-trading

Change Clause 18.3 para. 3 Quote Driven Market (QDM) – Pre- Opening

Change Clause 18.4 Quote Driven Market (QDM) – Opening

Change Clause 18.5 para. 5 Quote Driven Market (QDM) – Continuous trading

Change Clause 18.6 Quote Driven Market (QDM) – Closing auction

Change Clause 18.8 para. 3 Quote Driven Market (QDM) – Post- Trading

Change Clause 19.1 Price Validation Market (PVM) – Orders and quotes

Change Clause 19.3 para. 3 Price Validation Market (PVM) – Preopening

Change Clause 19.4 Price Validation Market (PVM) – Opening

Change Clause 19.5 para. 3 and 5 Price Validation Market (PVM) – Continuous trading

New Clause 19.5 para. 4 Price Validation Market (PVM) – Continuous trading

Change Clause 19.7 para. 3 Price Validation Market (PVM) – Posttrading

New Annex B – para. 1 lit. f) Trade Types – NAV Trade

SIX Swiss Exchange Ltd T + 41 58 399 5454 P.O. Box www.six-group.com

Trading Regulations - Detailed overview of the amendments Entry into force 15.05.2023

Document Type Reference Title

New Annex C – Clause 1 para. 3 Delayed Publication – Equity market

Directive 5: Change Clause 4.4 para. 1 and 2 Clearing and Settlement Alternative Trading New Clause 9.4 para. 4 SwissAtMid - Order book without pretrade transparency

New Clause 9.6 para. 1 lit c) SwissAtMid – Order types – Retail order

New Clause 9.6 para. 2 SwissAtMid – Order types

Change Clause 9.7 para. 1 lit. f) SwissAtMid - Order specification – Price limit

Change Clause 9.7 para. 1 lit. i) SwissAtMid - Order specification – Routing Instruction

Change Clause 9.7 para. 2 SwissAtMid - Order specification

Change Clause 9.13 para. 1 lit. c) SwissAtMid - Trading interruption

New Clause 9.13 para. 3 SwissAtMid - Trading interruption

New Clause 10.5 para. 4 Swiss EBBO - Hybrid order book

New Clause 10.7 para. 1 lit. b) Swiss EBBO - Order types – Retail order

New Clause 10.7 para. 2 Swiss EBBO - Order types

Change Clause 10.8 para. 1 lit. f) Swiss EBBO - Order specification – Price limit

Change Clause 10.8 para. 1 lit. i) Swiss EBBO - Order specification – Routing Instruction

Change Clause 10.8 para. 2 Swiss EBBO - Order specification

Change Clause 10.13 para. 1 lit. b) Swiss EBBO - Trading interruption

Change Clause 10.13 para. 4 Swiss EBBO - Trading interruption

New Clause 10.13 para. 5 and 6 Swiss EBBO - Trading interruption

Change Clause 11.6.3 para. 1 lit. i) Quote on Demand – Order specification - Routing Instruction

Change Clause 11.6.3 para. 2 Quote on Demand - Order specification -

Change Clause 11.7.1 para. 1 Quote on Demand - Quote definition

Change Clause 11.7.2 para. 2 Quote on Demand - Quote specification

Change Clause 11.13 para. 1 lit. b) Quote on Demand - Trading interruption

New Clause 11.13 para. 4 and 5 Quote on Demand - Trading interruption

SIX Swiss Exchange Ltd T + 41 58 399 5454 P.O. Box www.six-group.com

Trading Regulations - Detailed overview of the amendments Entry into force 15.05.2023

Document Type Reference Title

Guideline Change Annexes A-L and Q-R – Clause 2 Market model, order types and Trading Parameters trading services

Change Annexes A-F and I-R – Clause 4 Trading interruption

Change All Annexes – Clause 8 Deadline for reporting off-order-book trades

Change Annex G – Clause 5 Rights and Options - Price steps

Change Annex I – Clause 1 and 5 Investment Funds - Trading periods and times / Price steps

Guideline Change Clause 1.3 List of fees List of Charges under the Change Clause 2 Definitions Trading Rules

  • Client

  • Retail order

  • RSP

New Clause 3.8 Routing Service Provider (RSP) fee

New Clause 7.1 para. 3-5 Fees for on-exchange, on-order-book trading – Principle

New Clause 8.1 para. 3 Fees for on-exchange trading without pre-trade transparency - Principle

New Clause 9.1 para. 3 Fees for on-exchange, hybrid trading - Principle

Change Annex A – Clause 1.2.7.1 Blue Chip Shares – LPS CLOB requirements

New Annex A, B, C, D, E, F, G, H, I, J, M, Fees for trades with Retail orders – Clause 1.3

Change Annex H - Clause 1.2 lit. c) Investment Funds - Fees for onexchange, on-order-book trading – Ad valorem fee

New Annex N – Clauses 1.3, 2.3, 3.3, 4.3 Fees for on-exchange trading without and 5.3 pre-trade transparency in SwissAtMid - Fees for trades with Retail orders

Change Annex N – Clause 6.1 Fees for on-exchange trading without pre-trade transparency in SwissAtMid - LPS SwissAtMid requirements

New Annex O – Clauses 1.3 and 2.3 Fees for on-exchange, hybrid trading in Swiss EBBO – Fees for trades with Retail orders

Change Annex Q – Clause 5 Access Fee - Participant connection via an ASP or RSP

SIX Swiss Exchange Ltd T + 41 58 399 5454 P.O. Box www.six-group.com

Trading Regulations - Detailed overview of the amendments Entry into force 15.05.2023

The following material amendments have been made to the Reporting Rules:

Document Type Reference Title

Reporting Office Rules New Clause 2.5 para. 4 Reporting Deadlines

Change Clause 5.5 Entry into force

New Annex A – Clause 2 lit. f) General Supplements – Trade Types

New Annex B – Clause 1 para. 3 Delayed Publication – Equity market

SIX Swiss Exchange Ltd T + 41 58 399 5454 P.O. Box www.six-group.com