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🔗 Back to Summary. 🇫🇷 French Version: 2017R0588_FR.4. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 3 – Average daily number of transactions for shares and depositary receipts ⬅️ | ➡️ Article 5 – Transitional provisions
Références LVL1 <=> LVL2
Level 1 reference(s): 2014L0065_EN.49 > 1, 2014L0065_EN.49 > 2
Article 4 - Corporate actions
Where a competent authority considers that a corporate action may modify the average daily number of transactions of a particular financial instrument thereby causing this financial instrument to fall within a different liquidity band, the competent authority shall determine and ensure publication of a new applicable liquidity band for that financial instrument treating it as if it were first admitted to trading or first traded on a trading venue and apply the procedure set out in Article 3(5) and (6).