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In this act Article 6a of 24
Text as of 5 Jun 2023 · Consolidated version of 2 March 2026 · Same wording as today’s text.Today’s text

Article 6a — The classes of bonds, structured finance products and emission allowances for which there is not a liquid market (Article 9(1), point (c), of Regulation (EU) No 600/2014)

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

To determine whether a bond, structured finance product or emission allowance is to be considered not to have a liquid market, competent authorities shall apply the following static determination of liquidity:

6a(a)
(a)for all bond types, except ETCs and ETNs, the determination set out in Table 2.2 of Annex III;
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6a(b)
(b)for ETCs and ETNs, the determination set out in Table 2.4 of Annex III;
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6a(c)
(c)for structured finance products, the determination set out in Table 3.1 of Annex III;
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6a(d)
(d)for emission allowances, the determination set out in Table 12.1 of Annex III.
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CHAPTER III — POST-TRADE TRANSPARENCY FOR TRADING VENUES AND INVESTMENT FIRMS TRADING OUTSIDE A TRADING VENUE