Large in Scale definition

Large in Scale means, in relation to an Order or Transaction in a Product, that it is above the “large in scale” threshold established by ESMA for the waiver from the requirements for publication of Pre-Trade Data or a deferral from the requirements for the publication of Post- Trade Data.
Large in Scale means, with respect to an Order or Transaction, that it meets the conditions for the “Large in Scale Waiver” or “Large in Scale Deferral,” as appropriate, granted to the Operator for the TP ICAP UK MTF by the relevant Competent Authority.
Large in Scale means the threshold set from time to time by ESMA in

Examples of Large in Scale in a sentence

  • The Minimum Mid-Price Execution Size is set to at least the same level of the relevant pre-trade Large in Scale threshold for those Financial Instruments that are defined as Liquid from time to time by ESMA.

  • Please explain the work the Department is doing with CFSA to better serve the mental health needs of foster children in Maryland.

  • Nordic@Mid enables automatic execution for Orders that do not meet the MiFID Large in Scale criteria.

  • MTS will monitor all updates to ESMA Large in Scale thresholds and Liquidity status and update its Financial Instrument database accordingly.

  • All Non Displayed Orders in the Integrated Books must, where applicable, satisfy at the time of entry the qualifying Large in Scale (LIS) criteria specified in table 2 to Annex II of the Markets in Financial Instruments Directive (MiFID) Regulation.

  • Unless otherwise agreed, Tradeweb will apply the SSTI Waiver, Large in Scale Waivers, Illiquid Instrument Waiver and Package Orders Waiver to qualifying Instructions.

  • Manual Trades will be reported in accordance with the provisions in this section 6.6. Different Markets may require that only Large in Scale Trades or trades in illiquid Instruments can be accepted to qualify as Manual Trades.

  • The minimum trading size for each Trade Registration shall be defined at least equal to the threshold pre-trading of Large in Scale relevant for those Financial Instruments classified liquid from time to time by ESMA.

  • We will usually pursue this course of action to allow our client’s trading interests to match on-exchange in transactions above Large in Scale.

  • Any Manual Trade that is above 1,000,000 EUR is considered as a Large in Scale Trade.


More Definitions of Large in Scale

Large in Scale means the threshold set from time to time by ESMA in relation to a Financial Instrument, in accordance with Article 9(1)(a) of Regulation (EU) No 600/2014 of the European Parliament and of the Council of
Large in Scale means the threshold set from time to time by ESMA
Large in Scale means the threshold set in accordance with UK MiFIR;
Large in Scale means the threshold set from time to time by ESMA in relation to a Financial Instrument, in accordance with Article 9(1)(a) of Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012;
Large in Scale means, with respect to an Order or Transaction, that it meets the conditions for the “Large in Scale Waiver” or “Large in Scale Deferral,” as appropriate, granted to the Operator for the Tullett Prebon (Europe) MTF by the relevant Competent Authority. 3. MIC Code The Segment MIC code for the Government Bonds Segment is TEMB. 4. Trading Hours The Government Bonds Segment is available for trading during the normal market hours for trading in Government Bonds Products, subject to the Operator’s discretion. Normal hours are 06:00 to 17:30 in London, England. 5. Products Trading is permitted in the Government Bonds Segment in the following Financial Instruments: Financial InstrumentsParameters (Currency)Government Bonds (Nominal bonds)All currenciesGovernment Bonds (Inflation bonds)All currencies Trading is permitted in the Government Bonds Segment in the following types of Transactions (including Package Transactions): Transaction TypesParameters (where applicable)OutrightA single transaction in a simultaneous buy and sellof outright Government Bond.Switch / SpreadA single Transaction that results in a simultaneous buy and sell of two or moreoutright government bondsBasisBonds can be traded as a gross basis vs futurescontract 6. Submission Mechanism The following submission mechanism is available on the Government Bonds Segment: ProtocolSub-ProtocolElectronicGUI, email 7. Execution Methodology The Government Bonds Segment supports trading in Anonymous Transactions and Bilaterally Settled Transactions. Anonymous Transactions are Bilaterally Settled Transactions against a pre-selected Matched Principal Counterparty. Tullett Prebon Securities Limited (a private limited company incorporated in England and Wales with registered company number 02670499 and authorised and regulated by the FCA, with FCA firm reference number 154234), has been selected and approved as the Matched Principal Counterparty for all Anonymous Transactions between Participants to the Transaction.Participants must notify the Operator that they will accept to enter into Transactions with the Matched Principal Counterparty and the Matched Principal Counterparty must have notified the Operator that they will accept to enter into Transactions with the Participant.Where a component of a Package Transaction in the Government Bonds Segment requires Execution or registration on another Execution Venue or Registering Execution Venue, the rules and execution methodology of that other Execution Venue or ...
Large in Scale means the threshold set from time to time by ESMA in relation to a Financial Instrument, in accordance with Article 9(1)(a) of MiFIR Regulation “Liquid” means a Financial Instrument for which ESMA has from time to time classified as having a liquid market, as defined in Article 2(1)(17) of MiFIR Regulation “Market Rules” means these Market Rules as may be made, amended or replaced from time to time by MTS “Market” Means the electronic platform organised as a multilateral trading facility managed by MTS and denominated BondVision Europe MTF “Membership Documentation” means the Application form and the Annexes thereto submitted by Participants to MTS “MiFIR Regulation” Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012Minimum Trading Size” means the minimum quoting and trading quantity for Quotes and Orders as determined by MTS “MTS” means MTS S.p.A market management company with registered office in Rome, Via Tomacelli 146. “MTS Italy” The regulated market for trading of government bonds operated by MTS S.p.A. “Multilateral Trading Facility or MTF” Multilateral Trading Facility pursuant to Article 1.5-octies of the Consolidated Act on Finance “Order” means the acceptance, whether whole or partial, of a Quote, transmitted via the Market and processed immediately by the Market; an Order can be anExecutable Order or a Request for Quote

Related to Large in Scale

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