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Version date: 3 July 2016 - onwards
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Article 5 Impact on market liquidity and efficiency

In determining whether a market practice proposed to be established as an AMP complies with the criterion set out in point (c) of Article 13(2) of Regulation (EU) No 596/2014, competent authorities shall assess the impact the market practice has on at least the following elements:

(a) volume traded;

(b) number of orders in the order book (order depth);

(c) speed of execution of the transactions;

(d) volume weighted average price of a single session, daily closing price;

(e) bid/offer spread, price fluctuation and volatility;

(f) regularity of quotations or transactions.

Comparing proposed amendment...