On May 26, SWI BX issued rules for listing exchange traded products.
SWI BX published the additional rules for the listing of exchange traded products.
In addition to listing rules, the present rules define the special requirements for the listing, maintaining and termination of the listing of exchanged traded products (ETP).
Within the meaning of additional rules, considered as ETP are secured bearer debt securities (bonds), issued en masse as securities in standardized form, characterized by the fact that value depends on value of at least one underlying instrument.
Exchange traded funds (ETF) and other collective investment schemes within the meaning of the Federal act on collective investment schemes are not regarded as ETP.
Unless diverging or supplementing provisions are stipulated, requirements for listing of ETP comply with cl 3 and 4 listing rules, whereby cl 4.2, 4.3, 4.4, 4.6 do not apply.
In all other respects, provisions of the listing rules apply analogously; admission board may stipulate additional requirements for listing of certain ETP or grant exemptions.
Effectiveness
The date of entry into force of the additional rules is Jul. 15, 2025.
Regulators
SWI BX
Entity Types
B/D; Exch; IA
Reference
RF, PR, 5/26/2025
Functions
Compliance; Financial; Operations; Trading
Countries
Switzerland
Category
State
N/A
Products
Corporate; Derivatives; ETFs; Fund Mgt; Securities
