Article 10
Methods for measuring cash trades for the purposes of DTF
1. For the purposes of measuring DTF in accordance with Article 33 of Regulation (EU) 2019/2033 regarding cash trades, an investment firm shall include as cash trade any transaction where a counterparty undertakes to trade any of the following:
|
(a) |
transferable securities; |
|
(b) |
money-market instruments; |
|
(c) |
units in collective investment undertakings; |
|
(d) |
exchange traded options. |
2. For the purposes of measuring DTF of an exchange traded option, the investment firm shall use the options premium used for the execution of that option.