is ionstraim airgeadais é ar a laghad ceann amháin dá gcomhchodanna nach bhfuil margadh leachtach ann ina leith, ach amháin i gcás ina bhfuil margadh leachtach ann don ordú pacáiste ina iomláine;
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;
ciallaíonn ‘margadh leachtach’:
‘liquid market’ means:
Bannaí (gach cineál banna seachas ETCanna agus ETNanna) — aicmí nach bhfuil margadh leachtach acu
Bonds (all bond types except ETCs and ETNs) — classes not having a liquid market
Bannaí (cineálacha banna ETC agus ETN) — aicmí nach bhfuil margadh leachtach acu
Bonds (ETC and ETN bond types) — classes not having a liquid market
SFPanna — aicmí nach bhfuil margadh leachtach acu
SFPs — classes not having a liquid market
Tástáil 2 — SFPanna nach bhfuil margadh leachtach acu
Test 2 — SFPs not having a liquid market
Díorthaigh urrúsaithe — aicmí nach bhfuil margadh leachtach acu
Securitised derivatives — classes not having a liquid market
meastar go bhfuil margadh leachtach ag gach díorthach urrúsaithe”;
all securitised derivatives are considered to have a liquid market’;
Díorthaigh ráta úis — aicmí nach bhfuil margadh leachtach acu
Interest rate derivatives — classes not having a liquid market
nuair a chinntear go bhfuil margadh leachtach ag fo-aicme maidir le ham sonrach chun tráinse aibíochtaí agus maidir leis an bhfo-aicme a shainmhínítear leis an gcéad am chun tráinse aibíochtaí eile má chinntear nach bhfuil margadh leachtach ag an bhfo-aicme sin, cinntear go bhfuil ag an gcéad chonradh eile margadh leachtach 2 sheachtain roimh dhul in éag an chonartha reatha
whenever a sub-class is determined to have a liquid market with respect to a specific time to maturity bucket and the sub-class defined by the next time to maturity bucket is determined not to have a liquid market, the first back month contract is determined to have a liquid market 2 weeks before expiration of the front month
nuair a chinntear go bhfuil margadh leachtach ag fo-aicme maidir le ham sonrach chun tráinse aibíochtaí agus maidir leis an bhfo-aicme a shainmhínítear leis an gcéad am chun tráinse aibíochtaí eile má chinntear nach bhfuil margadh leachtach ag an bhfo-aicme sin, cinntear go bhfuil ag an gcéad chonradh eile margadh leachtach 2 sheachtain roimh dhul in éag an chonartha reatha
whenever a sub-class is de- termined to have a liquid market with respect to a specific time to maturity bucket and the sub-class de- fined by the next time to maturity bucket is deter- mined not to have a liquid market, the first back month contract is determined to have a liquid market 2 weeks before expiration of the front month
meastar nach bhfuil margadh leachtach ag aon díorthach ráta úis eile”;
any other interest rate derivative is considered not to have a liquid market’
Díorthaigh chothromais — aicmí nach bhfuil margadh leachtach acu
Equity derivatives — classes not having a liquid market
meastar go bhfuil margadh leachtach ag gach rogha innéacs
all index options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha innéacsanna stoic
all index futures/forwards are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach scair-rogha
all stock options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha stoic
all stock futures/forwards are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach rogha díbhinne stoic
all stock dividend options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha díbhinne stoic
all stock dividend futures/forwards are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach rogha innéacs díbhinní
all dividend index options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha innéacs díbhinní
all dividend index futures/forwards are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach rogha innéacs luaineachta
all volatility index options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha innéacs luaineachta
all volatility index futures/forwards are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach rogha ETF
all ETF options are considered to have a liquid market
meastar go bhfuil margadh leachtach ag gach todhchaíocht/conradh réamhcheaptha ETF
all ETF futures/forwards are considered to have a liquid market
meastar nach bhfuil margadh leachtach ag aon díorthach cothromais eile”;
any other equity derivative is considered not to have a liquid market’
Díorthaigh tráchtearraí – aicmí nach bhfuil margadh leachtach acu
Commodity derivatives – classes not having a liquid market
meastar nach bhfuil margadh leachtach ag aon díorthach tráchtearraí eile”;
any other commodity derivative is considered not to have a liquid market’
Díorthaigh malairte eachtraí – aicmí nach bhfuil margadh leachtach acu
Foreign exchange derivatives – classes not having a liquid market
Meastar nach bhfuil margadh leachtach ag conradh réamhcheaptha neamh-inseachadta (NDF)
Non-deliverable forward (NDF) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag conradh réamhcheaptha inseachadta (DF)
Deliverable forward (DF) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag roghanna FX neamh-inseachadta (NDO)
Non-Deliverable FX options (NDO) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag roghanna FX inseachadta (DO)
Deliverable FX options (DO) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag babhtálacha FX neamh-inseachadta (NDS)
Non-Deliverable FX swaps (NDS) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag babhtálacha FX inseachadta (DS)
Deliverable FX swaps (DS) are considered not to have a liquid market
Meastar nach bhfuil margadh leachtach ag todhchaíochtaí FX
FX futures are considered not to have a liquid market
meastar nach bhfuil margadh leachtach ag aon díorthach FX eile”;
any other FX derivative is considered not to have a liquid market’
Díorthaigh chreidmheasa — aicmí nach bhfuil margadh leachtach acu
Credit derivatives — classes not having a liquid market
Meastar go bhfuil margadh leachtach ag an innéacs foluiteach:
The underlying index is considered to have a liquid market:
meastar nach bhfuil margadh leachtach ag aon díorthach creidmheasa eile
any other credit derivatives is considered not to have a liquid market
Díorthaigh C10 – aicmí nach bhfuil margadh leachtach acu
C10 derivatives – classes not having a liquid market
meastar nach bhfuil margadh leachtach ag aon díorthach C10 eile”
any other C10 derivatives is considered not to have a liquid market’
CFDanna — aicmí nach bhfuil margadh leachtach acu
CFDs – classes not having a liquid market
meastar nach bhfuil margadh leachtach ag aon CFD/raonghealltóireacht eile”;
any other CFD/spread betting is considered not to have a liquid market’
Lamháltais astaíochtaí — aicmí nach bhfuil margadh leachtach acu
Emission allowances — classes not having a liquid market
meastar nach bhfuil margadh leachtach ag aon lamháltas astaíochtaí eile
any other emission allowances is considered not to have a liquid market
Díorthaigh lamháltas astaíochtaí — aicmí nach bhfuil margadh leachtach acu
Emission allowance derivatives — classes not having a liquid market
meastar nach bhfuil margadh leachtach ag aon díorthach lamháltas astaíochtaí eile”
any other emission allowance derivative is considered not to have a liquid market’
ciallaíonn ‘margadh leachtach’:
“liquid market” means:
catagóir 1: idirbhearta meánmhéide in ionstraim airgeadais a bhfuil margadh leachtach ann ina leith;
category 1: transactions of a medium size in a financial instrument for which there is a liquid market;