Gaois

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  1. FINANCE|free movement of capital|financial market

    #655366

    IATE #3568209
    caidhpeáil dhúbailte méide Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
    ga
    zweifache Begrenzung des Volumens
    de
    double volume cap
    en
    Definition "mechanism introduced in Article 5 of MiFIR1 that caps the amount of trading carried out under: (i) systems matching orders based on a trading methodology by which the price is determined in accordance with a reference price; and (ii) negotiated transactions in liquid instruments carried out under article 4(1)(b) of MiFIR1. 1MiFIR [ IATE:3544370 ]" Reference "'10 things you should know: The MiFID II / MiFIR RTS'. Norton Rose Fulbright, http://www.nortonrosefulbright.com/knowledge/publications/132771/10-things-you-should-know-the-mifid-ii-mifir-rts [7.7.2016]"
    Comment This double volume cap is designed to ensure that the use of waivers from pre-trade transparency does not unduly harm price formation. The double volume cap is to be implemented and supervised on the basis of ESMA publications regarding the volume of trading under the waivers and empowerment under technical standards enabling Member State competent authorities to obtain data for making such publications.
    double plafonnement des volumes
    fr
    Definition mécanisme de plafonnement des volumes pour les ordres placés afin d’éviter tout effet négatif sur le processus de formation des prix Reference "Règlement (UE) n° 600/2014 concernant les marchés d’instruments financiers et modifiant le règlement (UE) n° 648/2012, CELEX:32014R0600/FR"