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🔗 Back to Summary. 🇫🇷 French Version: 2016R0908_FR.5. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 4 – Safeguards of the operations of the market forces and interplay of the forces of supply and demand ⬅️ | ➡️ Article 6 – Impact on the proper functioning of the market
Références LVL1 <=> LVL2
Level 1 reference(s): 2014R0596_EN.13 > 2#c
Article 5 - Impact on market liquidity and efficiency
In determining whether a market practice proposed to be established as an AMP complies with the criterion set out in point (c) of 2014, competent authorities shall assess the impact the market practice has on at least the following elements:
(a)
volume traded;
(b)
number of orders in the order book (order depth);
(c)
speed of execution of the transactions;
(d)
volume weighted average price of a single session, daily closing price;
(e)
bid/offer spread, price fluctuation and volatility;
(f)
regularity of quotations or transactions.