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+Article 9 1. |
Article 9 1.►M8 Competent authorities shall be able to waive the obligation for market operators and investment firms operating a trading venue to make public the information referred to in Article 8(1), Article 8a(1) and (2) and Article 8b(1) for: ◄
(a)
orders that are large in scale compared with normal market size and orders held in an order management facility of the trading venue pending disclosure; ▼M8 —————
(c)
OTC derivatives which are not subject to the trading obligation as referred to in Article 28 and for which there is not a liquid market, and other financial instruments for which there is not a liquid market;
(d)
orders for the purpose of executing an exchange for physical;
(e)
package orders that meet one of the following conditions:
(i)
at least one of its components is a financial instrument for which there is not a liquid market, unless there is a liquid market for the package order as a whole;
(ii)
at least one of its components is large in scale compared with the normal market size, unless there is a liquid market for the package order as a whole. ▼M8 ————— 1. Overview
1.1 References1.2 Identified Requirements1.3 Related Standards2. Identified Requirements
3. Related Standards
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