Article 3
Asset-class specific criteria for package orders consisting exclusively of equity derivatives
The asset-class specific criteria referred to in Article 1(b)(iv) for package orders consisting exclusively of equity derivatives, as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583, shall be the following:
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(a) |
the package order has no more than two components; |
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(b) |
all components of the package order belong to the same sub-asset class as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583; |
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(c) |
all components of the package order are denominated in the same notional currency of either EUR, USD or GBP; |
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(d) |
all components of the package order have the same underlying index; |
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(e) |
the expiry date of all components of the package order does not exceed 6 months; |
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(f) |
where the package order contains options, all options have the same expiry date. |