Tick size for shares, depositary receipts and exchange-traded funds(Article 49(1) and (2) of Directive 2014/65/EU)
- Apply minimum tick sizes to shares, depositary receipts and ETFs
Retained EU Law
2017
United Kingdom
Commission Delegated Regulation (EU) 2017/588 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards on the tick size regime for shares, depositary receipts and exchange-traded funds (Text with EEA relevance)
At a glance
What's here
3 compliance obligations
Who this Act binds
Plus 2 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Average daily number of transactions for shares and depositary receipts(Article 49(1) and (2) of Directive 2014/65/EU)
Other duties (1) — Crown / regulator
- Regulator must calculate and publish average daily transaction number for shares by 1 March Statutory regulator
Transitional provisions
Other duties (1) — Crown / regulator
- Competent authority must publish average daily transaction counts for shares and depositary receipts Statutory regulator
Browse 4 other sections — procedural / definitional / commencement
Liquidity bands Price ranges 0 ≤ Average daily number of...
Most relevant market in terms of liquidity
Corporate actions(Article 49(1) and (2) of Directive 2014/65/EU)
Entry into force and application
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