1. Competent authorities shall be able to waive the obligation for market operators and investment firms operating a trading venue to make public the information referred to in Article 8(1), Article 8a(1) and (2) and Article 8b(1) for:
(a) orders that are large in scale compared with normal market size and orders held in an order management facility of the trading venue pending disclosure;
(b) [deleted]
(c) OTC derivatives which are not subject to the trading obligation as referred to in Article 28 and for which there is not a liquid market, and other financial instruments for which there is not a liquid market;
(d) orders for the purpose of executing an exchange for physical;
(e) package orders that meet one of the following conditions:
(i) 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;
(ii) at least one of its components is large in scale compared with the normal marke
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