Updated 18/09/2024
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Article 9 - Determination of reporting ranges

Article 9

Determination of reporting ranges

Execution venues shall report the executed transactions specified in Article 4 for the following ranges:

(a)

for all financial instruments other than money market instruments:

(i)

range 1: greater than EUR 0 and less than or equal to the Standard Market Size or the Size Specific to the financial instrument;

(ii)

range 2: greater than the Standard Market Size or the Size Specific to the financial instrument and less than or equal to Large in Scale;

(iii)

range 3: greater than Large in Scale.

(b)

for illiquid shares, exchange traded funds or certificates:

(i)

range 1: greater than EUR 0 and less than or equal to the smallest available Standard Market Size in that type of instrument;

(ii)

range 2: greater than the smallest available Standard Market Size in that type of instrument and less than or equal to Large in Scale;

(iii)

range 3: greater than Large in Scale.

(c)

for money market instruments:

(i)

range 1: greater than EUR 0 and less than or equal to EUR 10 million;

(ii)

range 2: greater than EUR 10 million and less than or equal to EUR 50 million;

(iii)

range 3: greater than EUR 50 million.