- (1)
In relation to the average size of spreads, the competent authority shall take into consideration the following elements:
- (a)
the size of weighted spreads, including volume weighted spreads, over different periods of time;
- (b)
spreads at different points in time of trading sessions.
- (a)
- (2)
Where information on spreads is not available, the competent authority shall take into consideration a proxy for the assessment of this criterion.
You are viewing Article 5 Average size of spreads as of Article 5 Average size of spreads was last updated on 01/01/2021.