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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 5 June 2023 - onwards
Version 4 of 4

Annex II Orders large in scale compared with normal market size, standard market sizes and deferred publications and delays

Table 1 Orders large in scale compared with normal market size for shares and depositary receipts

Average daily turnover (ADT) in EUR

ADT < 50 000

50 000 ≤ ADT

< 100 000

100000 ≤ ADT

< 500 000

500000 ≤ ADT

< 1 000000

1000 000 ≤ ADT

< 5 000000

5000 000 ≤ ADT

< 25 000000

25000 000 ≤ ADT

< 50 000000

50000 000 ≤ ADT

< 100000 000

ADT

≥ 100 000000

Minimum size of orders qualifying as large in scale compared with normal market size in EUR

15 000

30 000

60 000

100 000

200 000

300 000

400 000

500 000

650 000

Table 2 Orders large in scale compared with normal market size certificates and other similar financial instruments

Average daily turnover (ADT) in EUR

ADT < 50000

ADT ≥ 50000

Minimum size of orders qualifying as large in scale compared with normal market size in EUR

15 000

30 000

 Table 3 Standard market sizes