In accordance with Rule 4.2 of the UBS MTF Rulebook we are taking the opportunity to notify you of a future change to the Rules.
The change refers to section 2.2 Eligibility which sets out the eligibility criteria for new and existing Members of UBS MTF:
- From 1 September 2015, eligibility criteria 2.2(b)(i)(B) will be removed;
- All new Members after this date will therefore need to be EEA regulated investment firms or credit institutions as the current alternative of being a member of another EEA Regulated Market will be withdrawn;
- Any existing Members as at 1 September 2015 that do not meet the new criteria will have until 3 January 2017 to meet the revised criteria.
A further Trading Notice with the updated Rulebook will be circulated in advance of this change to remind Members of this change.