BörsG-EN
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Sections
Division 1 General Provisions Concerning Exchanges and their Bodies
- Section 1 — Scope of application
- Section 2 — Exchanges and further definitions
- Section 3 — Tasks and powers of the exchange supervisory authority
- Section 3a — Tasks and powers of the exchange supervisory authority for implementing Regulation (EU) 2015/2365
- Section 3b — Reporting of infringements
- Section 3c — Removal request as against the exchange operator
- Section 3d — Removal request at the exchange
- Section 4 — Licence
- Section 4a — Management of the exchange operator
- Section 4b — Management or supervisory body of the exchange operator
- Section 5 — Obligations of the exchange operator
- Section 6 — Holders of significant holdings
- Section 7 — Trading Surveillance Office
- Section 8 — Cooperation
- Section 9 — Applicability of competition-law provisions
- Section 10 — Duty of confidentiality
- Section 11 — Prohibition of price determination for foreign currencies
- Section 12 — Exchange Council
- Section 13 — Election of the Exchange Council
- Section 14
- Section 15 — Management of the exchange
- Section 16 — Exchange Rules
- Section 17 — Fees and charges
- Section 18 — Other use of exchange facilities
- Section 19 — Admission to the exchange
- Section 19a — Responsibility of the trading participant for orders of indirect trading participants
- Section 20 — Collateral
- Section 21 — External settlement systems
- Section 22 — Sanctions Committee
- Section 22a
- Section 22b — Processing of personal data
Division 2 Exchange Trading and Determination of Exchange Prices
- Section 23 — Admission of economic assets and rights
- Section 24 — Exchange price
- Section 25 — Suspension and discontinuation of trading
- Section 26 — Inducement to speculative exchange transactions
- Section 26a — Order-to-transaction ratio
- Section 26b — Minimum tick size
- Section 26c — Market-making systems
- Section 26d — Algorithmic trading systems and electronic trading
- Section 26e
- Section 26f — Position management controls
- Section 26g — Transmission of data
- Section 26h — Requirement to transmit data; authorisation to issue statutes
Division 3 Specialist Function and Transparency Requirements for Securities Exchanges
- Section 27 — Admission as a specialist
- Section 28 — Obligations of the specialist
- Section 29 — Distribution of specialist allocations
Division 3a Unreliability of Sanctioned Persons
Division 4 Admission of Securities to Exchange Trading
- Section 32 — Admission requirement
- Section 33 — Inclusion of securities in the regulated market
- Section 34 — Authorisations
- Section 35 — Refusal of admission
- Section 36 — Cooperation within the European Union
- Section 37 — State bonds
- Section 38 — Introduction
- Section 39 — Revocation of admission of securities
- Section 40 — Obligations of the issuer
- Section 41 — Provision of information
- Section 42 — Subsegments of the regulated market with special obligations for issuers
- Section 43 — Obligation of the insolvency administrator
Division 4a Listing Shell Stock Corporation for the Purpose of Exchange Admission
- Section 44 — Definitions; applicable provisions
- Section 45 — Contribution; use agreement
- Section 46 — Competence of the general meeting; duties to inform
- Section 47 — Redemption right of shareholders; permissibility of return of contributions
- Section 47a — Share options
- Section 47b — Termination of the listing shell stock corporation; dissolution; winding-up
Division 5 Open Market, SME Growth Market and Organised Trading Facility
- Section 48 — Open market
- Section 48a — SME growth market
- Section 48b — Organised trading facility at an exchange
Division 6 Penal and Regulatory-Fine Provisions; Final Provisions
- Section 49 — Penal provisions
- Section 50 — Regulatory-fine provisions
- Section 50a — Publication of measures
- Section 51 — Application to bills of exchange and foreign means of payment
- Section 52 — Transitional provisions
- Section 53 — Application provision for the Crowdfunding Accompanying Act
- Section 54 — Transitional provision for the Standortfördergesetz