Table 1 Orders large in scale compared with normal market size for shares and depositary receipts
| Average daily turnover (ADT) in EUR | ADT < 50000 | 50000 ≤ ADT < 100000 | 100000 ≤ ADT < 500000 | 500000 ≤ ADT < 1000000 | 1000000 ≤ ADT < 5000000 | 5000000 ≤ ADT < 25000000 | 25000000 ≤ ADT < 50000000 | 50000000 ≤ ADT < 100000000 | ADT ≥ 100000000 |
|---|---|---|---|---|---|---|---|---|---|
| Minimum size of orders qualifying as large in scale compared with normal market size in EUR | 15000 | 30000 | 60000 | 100000 | 200000 | 300000 | 400000 | 500000 | 650000 |
Table 2 Orders large in scale compared with normal market size certificates and other similar financial instruments
| Average daily turnover (ADT) in EUR | ADT < 50000 | ADT ≥ 50000 |
|---|---|---|
| Minimum size of orders qualifying as large in scale compared with normal market size in EUR | 15000 | 30000 |
Table 3 Standard market sizes
| Average value of transactions (AVT) in EUR | AVT < 20000 | 20000 ≤ AVT < 40000 | 40000 ≤ AVT < 60000 | 60000 ≤ AVT < 80000 | 80000 ≤ AVT < 100000 | 100000 ≤ AVT < 120000 | 120000 ≤ AVT < 140000 | Etc. |
|---|---|---|---|---|---|---|---|---|
| Standard market size | 10000 | 30000 | 50000 | 70000 | 90000 | 110000 | 130000 | Etc. |
Table 4 Deferred publication thresholds and delays for shares and depositary receipts
| Average daily turnover (ADT) in EUR | Minimum qualifying size of transaction for permitted delay in EUR | Timing of publication after the transaction |
|---|---|---|
| > 100 m | 10000000 | 60 minutes |
| 20000000 | 120 minutes | |
| 35000000 | End of the trading day | |
| 50 m-100 m | 7000000 | 60 minutes |
| 15000000 | 120 minutes | |
| 25000000 | End of the trading day | |
| 25 m-50 m | 5000000 | 60 minutes |
| 10000000 | 120 minutes | |
| 12000000 | End of the trading day | |
| 5 m-25 m | 2500000 | 60 minutes |
| 4000000 | 120 minutes | |
| 5000000 | End of the trading day | |
| 1 m-5 m | 450000 | 60 minutes |
| 750000 | 120 minutes | |
| 1000000 | End of the trading day | |
| 500000-1 m | 75000 | 60 minutes |
| 150000 | 120 minutes | |
| 225000 | End of the trading day | |
| 100000-500000 | 30000 | 60 minutes |
| 80000 | 120 minutes | |
| 120000 | End of the trading day | |
| 50000-100000 | 15000 | 60 minutes |
| 30000 | 120 minutes | |
| 50000 | End of the trading day | |
| < 50000 | 7500 | 60 minutes |
| 15000 | 120 minutes | |
| 25000 | End of the next trading day |
Table 5 Deferred publication thresholds and delays for ETFs
| Minimum qualifying size of transaction for permitted delay in EUR | Timing of publication after the transaction |
|---|---|
| 10000000 | 60 minutes |
| 50000000 | End of the trading day |
Table 6 Deferred publication thresholds and delays for certificates and other similar financial instruments
| Average daily turnover (ADT) in EUR | Minimum qualifying size of transaction for permitted delay in EUR | Timing of publication after the transaction |
|---|---|---|
| ADT < 50000 | 15000 | 120 minutes |
| 30000 | End of the trading day | |
| ADT ≥ 50000 | 30000 | 120 minutes |
| 60000 | End of the trading day |