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+Article 27h 7. |
Article 27h 7.For the purposes of the revenue redistribution scheme, the CTP shall take into account the following trading volume (the ‘relevant trading volume’):
(a)
for the purposes of paragraph 6, point (a), the total annual trading volume generated by that trading venue;
(b)
for the purposes of paragraph 6, point (b):
(i)
in the case of small trading venues, their total annual trading volume;
(ii)
in the case of trading venues other than small trading venues, the trading volume pertaining to the shares and ETFs referred to in that point;
(c)
for the purposes of paragraph 6, point (c), the volume pertaining to the shares and ETFs referred to in that point. The CTP shall determine the amount of the revenue to be redistributed to data contributors under the revenue redistribution scheme by multiplying the relevant trading volume by the weighting assigned to each criterion laid down in paragraph 6, as specified in the regulatory technical standards adopted pursuant to paragraph 8. If trading venues meet more than one of the criteria laid down in paragraph 6, the amounts resulting from the calculation referred to in the second subparagraph of this paragraph shall be added cumulatively. 1. Prezentare generală
1.1 Referințe1.2 Cerințe identificate1.3 Standarde asociate2. Cerințe identificate
3. Standarde asociate
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