MIR 3.5.10 Waivers in relation to transactions which are large in scale

Past version: effective from 21/10/2015 - 20/10/2015
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An order shall be considered to be large in scale compared with normal market size if it is equal to or larger than the minimum size of order specified in Rule 3.5.11. For the purposes of determining whether an order is large in scale compared to normal market size, all Financial Instruments admitted to trading on a regulated market shall be classified in accordance with their average daily turnover, which shall be calculated in accordance with the procedure set out in Rule 3.5.11.