MIR 3.6.8 Deferred publication of large transactions

The deferred publication of information in respect of transactions may be authorised, for a period no longer than the period specified in the table in Rule 3.6.10 for the class of Financial Instrument and transaction concerned, provided the following criteria are satisfied:

(a) the transaction is between an investment firm dealing on own account and a client of that firm; and
(b) the size of that transaction is equal to or exceeds the relevant minimum qualifying size, as specified in table in Rule 3.6.9.

In order to determine the relevant minimum qualifying size for the purposes of point (b), all Financial Instruments admitted to trading on a regulated market shall be classified in accordance with their average daily turnover to be calculated in accordance with Rule 3.6.10.