Article 3 Asset-class specific criteria for package orders consisting exclusively of equity derivatives

The asset-class specific criteria referred to in Article 1(b)(iv) for package orders consisting exclusively of equity derivatives, as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583, shall be the following:

1. (a)

   the package order has no more than two components;

2. (b)

   all components of the package order belong to the same sub-asset class as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583;

3. (c)

   all components of the package order are denominated in the same notional currency of either EUR, USD or GBP;

4. (d)

   all components of the package order have the same underlying index;

5. (e)

   the expiry date of all components of the package order does not exceed 6 months;

6. (f)

   where the package order contains options, all options have the same expiry date.