In this act Article 3 of 6
Article 3 — Asset-class specific criteria for package orders consisting exclusively of equity derivatives
Financial servicesLevel 2Delegated RegulationMiFIRIn forceOfficial source
The asset-class specific criteria referred to in Article 1(b)(iv) for package orders consisting exclusively of equity derivatives, as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583, shall be the following:
(a) the package order has no more than two components;
(b) all components of the package order belong to the same sub-asset class as referred to in Section 6 of Annex III to Delegated Regulation (EU) 2017/583;
(c) all components of the package order are denominated in the same notional currency of either EUR, USD or GBP;
(d) all components of the package order have the same underlying index;
(e) the expiry date of all components of the package order does not exceed 6 months;
(f) where the package order contains options, all options have the same expiry date.