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Article 2 – Asset-class specific criteria for package orders consisting exclusively of interest rate derivatives ⬅️ | ➡️ Article 4 – Asset-class specific criteria for package orders consisting exclusively of credit derivatives
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:
(a)
the package order has no more than two components;
(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;
(c)
all components of the package order are denominated in the same notional currency of either EUR, USD or GBP;
(d)
all components of the package order have the same underlying index;
(e)
the expiry date of all components of the package order does not exceed 6 months;
(f)
where the package order contains options, all options have the same expiry date.