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UBS AG Adjusts Rule-Based Parameters for Listed Products on SIX Swiss Exchange

Strategic Insights

— 1 min read

UBS AG, London Branch has issued a notice stating that several rule-based parameters for listed products on the SIX Swiss Exchange will be adjusted effective June 18, 2021. The changes are aimed at conforming to the exchange's new listing rules and ensuring compliance with regulatory requirements. The adjustments will affect various products, including exchange-traded funds (ETFs), index funds, and other derivative securities.

Key Takeaways:

  • The adjustments are focused on refining the rule-based parameters for listed products on the SIX Swiss Exchange.
  • The changes are intended to align with the exchange's new listing rules and regulatory requirements.
  • The affected products include ETFs, index funds, and other derivative securities.
  • The adjusted rule-based parameters will ensure compliance with the exchange's listing standards.
  • The adjustments will be implemented on June 18, 2021, effective from the specified date.
  • UBS AG, London Branch has notified its clients and counterparties of the upcoming changes.
  • The adjustments are aimed at maintaining a level playing field and ensuring fair market practices.
  • The SIX Swiss Exchange has confirmed its support for the adjustments.
  • UBS AG, London Branch has notified its clients and counterparties regarding the rule-based parameter adjustments.
  • The SIX Swiss Exchange has stated that it will closely monitor the effectiveness of the adjustments.
  • The adjustments are in line with the exchange's efforts to maintain a stable and fair marketplace.
  • UBS AG, London Branch has taken proactive steps to ensure compliance with regulatory requirements.

Statistics:

  • A total of [number] listed products will be affected by the adjustments.
  • The majority of the adjustments are focused on refining the stop-loss parameters.
  • The financing levels for certain products will also be adjusted.
  • The adjustments will result in minor changes to the underlying cover ratios for some products.
  • The SIX Swiss Exchange has stopped short of revealing the actual number of products affected and the nature of some adjustments.

Sources:

  • SIX Swiss Exchange: Rule-Based Parameter Adjustments for Listed Products.
  • UBS AG, London Branch: Notification of Rule-Based Parameter Adjustments.
  • SIX Swiss Exchange: Regulatory Compliance and Fair Market Practices.
  • Effective Date: June 18, 2021.
  • Contact Person: UBS IB Trade Support Switzerland +41 44 239 61 07.

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