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3.11.2025","check":{"against":"EUR-Lex","on":"2026-10-20"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/eli/reg_del/2025/1246/oj/eng","valid_from":"2025-11-23","valid_until":null,"content_id":"1d0515c394423e40","versions":["2025-11-23"],"version_url":"https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annexes/annex-v/versions/2026-10-20","revision_url":"https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annexes/annex-v/versions/2026-10-20/rev/1d0515c394423e40","versions_url":"https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annexes/annex-v/versions","relations_url":"https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annexes/annex-v/relations","act_url":"https://www.headlesslaw.com/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june#annex-v","source_line":"Commission Delegated Regulation (EU) 2025/1246 · binding · OJ L, 2025/1246, 3.11.2025 · dated 18 Jun 2025 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2025-06-18","published_on":"2025-11-03","entry_into_force":"2025-11-23","locators":{"document_date":"CELLAR 32025R1246 work_date_document","published_on":"CELLAR 32025R1246 official-journal-act_date_publication","entry_into_force":"CELLAR 32025R1246 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june","path":"/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june","name":"Commission Delegated Regulation (EU) 2025/1246","number":"2025/1246","celex":"32025R1246","title_official":"COMMISSION DELEGATED REGULATION (EU) 2025/1246 of 18 June 2025 amending the regulatory technical standards laid down in Delegated Regulations (EU) 2017/583 and (EU) 2017/587 as regards transparency requirements for trading venues and investment firms in respect of bonds, structured finance products, emission allowances, and equity instruments (Text with EEA relevance)","document_date":"2025-06-18"},"position":{"kind":"annex","key":"annex-v","index":5,"articles":3,"annexes":5},"prev":{"path":"/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annexes/annex-iv","key":"annex-iv","title":"ANNEX IV"},"next":null,"act_anchor":"#annex-v"}},"provenance":{"official_url":"https://eur-lex.europa.eu/eli/reg_del/2025/1246/oj/eng","check":{"result":"matched","checked_at":"2026-10-20","against":"EUR-Lex"},"repo_path":"spaces/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june.md","unit_text_sha256":"eae906f060c93fb0bafb6c7797358c02600adf2bb4b65cbef8b05bddbebacb2c","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifir/level-2/rts/2025-1246-commission-delegated-regulation-eu-2025-1246-of-18-june/annex-v","kind":"annex","key":"annex-v","heading":"ANNEX V","text":"## ANNEX V\n\n<a id=\"annex-v\"></a>Annex II to Delegated Regulation (EU) 2017/587 is amended as follows:\\\n   1) Table 3 is replaced by the following: ‘Table 3 Standard market sizes for shares and depositary receipts\n\n<!-- table: t41 -->\n<!-- lint: table-cell-ok — verbatim table of the official text, rendered from its table file -->\n| Average value of transactions (AVT) in EUR | AVT bucket \\[0 -10 000 ) | AVT bucket \\[10 000 -12 000 ) | AVT bucket \\[12 000 -14 000 ) | AVT bucket \\[14 000 -16 000 ) | AVT bucket \\[16 000 -18 000 ) | AVT bucket \\[18 000 -20 000 ) | AVT bucket \\[20 000 -40 000 ) | AVT bucket \\[40 000 -60 000 ) | Etc. |\n| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |\n| Standard market size | 5 000 | 11 000 | 13 000 | 15 000 | 17 000 | 19 000 | 30 000 | 50 000 | Etc.’ |\n<!-- /table -->\n\n   2) the following Table 3a is inserted: ‘Table 3a Standard market sizes for ETFs, certificates and other similar financial instruments\n\n<!-- table: t42 -->\n<!-- lint: table-cell-ok — verbatim table of the official text, rendered from its table file -->\n| Average value of transactions (AVT) in EUR | AVT bucket \\[0 -10 000 ) | AVT bucket \\[10 000 -15 000 ) | AVT bucket \\[15 000 -20 000 ) | AVT bucket \\[20 000 -25 000 ) | AVT bucket \\[25 000 -30 000 ) | AVT bucket \\[30 000 -35 000 ) | AVT bucket \\[35 000 -40 000 ) | AVT bucket \\[40 000 -60 000 ) | Etc. |\n| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |\n| Standard market size | 5 000 | 12 500 | 17 500 | 22 500 | 27 500 | 32 500 | 37 500 | 50 000 | Etc.’ |\n<!-- /table -->\n\n","marks":[],"text_hash":"eae906f060c93fb0bafb6c7797358c02600adf2bb4b65cbef8b05bddbebacb2c","revision":1}}