Requirement (MIFID)
Article 23 Standard market size
Requirements MIFID - REGULATION (EC) No 1287/2006
Description
Description
In order to determine the standard market size for liquid shares,
those shares shall be grouped into classes in terms of the average
value of orders executed in accordance with Table 3 in Annex II.
Comment
Applies to Fourth subparagraph of Article 27(1) of Directive 2004/39/EC