Document ID: /roh_data/filtered/swiss_laws_in_ROHinterleaved.jsonl.gz/38175

This text was translated from EN into Rumantsch Grischun.

A securities firm is an entity that, on a commercial basis:a. trades in securities in its own name for the account of clients;b. trades in securities for its own account on a short-term basis, operates primarily on the financial market and: 1. could thereby jeopardise the proper functioning of the financial market, or2. is a member of a trading venue, or3. operates an organised trading facility under Article 42 of the Financial Market Infrastructure Act of 19 June 2015; orc. trades in securities for its own account on a short-term basis and publicly quotes prices for individual securities upon request or on an ongoing basis (market maker).  Inserted by No I 7 of the FA of 26 Sept. 2020 on the Adaptation of Federal Law to Developments in Distributed Ledger Technology, in force since 1 Aug. 2021  (AS 2021 33, 399; BBl 2020 233). SR 958.1

Sco chasa da vaglias vala tgi che fa – a titel professiunal – il suandant:a. commerzi cun valurs mobigliaras en l’agen num sin quint dals clients;b. commerzi a curta vista cun valurs mobigliaras sin agen quint, è oravant tut activ sin il martgà da finanzas e:1. pudess pervia da quai periclitar la funcziunalitad dal martgà da finanzas, u2. è activ sco commember d’ina plazza commerziala, u3. maina in sistem da commerzi organisà tenor l’artitgel 42 da la Lescha da las infrastructuras da finanzas dals 19 da zercladur 2015; uc. commerzi a curta vista cun valurs mobigliaras sin agen quint e fixescha publicamain ils curs per singulas valurs mobigliaras en moda permanenta u sin dumonda (market maker). Integrà tras la cifra I 7 da la LF dals 25 da sett. 2020 davart l’adattaziun dal dretg federal als svilups da la tecnologia dals registers electronics distribuids, en vigur dapi il 1. d’avust 2021 (AS 2021 33, 399; BBl 2020 233). SR 958.1