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Article 3a - Orders which are large in scale for bonds, structured finance products and emission allowances

An order in bonds, structured finance products or emission allowances shall be large in scale compared with normal market size where, at the point of entry of the order or following any amendment to the order, that order is equal to or larger than the following thresholds:

(a)

for all bond types, except Exchange Traded Commodities (‘ETCs’) and Exchange Traded Notes (‘ETNs’), the thresholds set out in Table 2.3 of Annex III;

(b)

for ETCs and ETNs, the thresholds set out in Table 2.5 of Annex III;

(c)

for structured finance products, the thresholds set out in Table 3.2 of Annex III;

(d)

for emission allowances, the thresholds set out in Table 12.2 of Annex III.