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Home Financial Services & Banking MiFID I Implementing Regulation

Chapter IV · MARKET TRANSPARENCY  ›  Section 2 · Pre-trade transparency for systematic internalisers › Article 26

(Fourth subparagraph Article 27(3) of Directive 2004/39/EC)

Retail size

For the purposes of the fourth subparagraph of Article 27(3) of Directive 2004/39/EC, an order shall be regarded as being of a size bigger than the size customarily undertaken by a retail investor if it exceeds EUR 7 500.

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