# Commission Regulation (EC) No 1287/2006 of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards record-keeping obligations for investment firms, transaction reporting, market transparency, admission of financial instruments to trading, and defined terms for the purposes of that Directive (Text with EEA relevance), Division: Table 2

Extent: E+W+S+N.I.

Orders large in scale compared with normal market size
(in EUR)
Class in terms of average daily turnover(ADT)
ADT < 500 000
500 000 ≤ ADT < 1 000 000
1 000 000 ≤ ADT < 25 000 000
25 000 000 ≤ ADT < 50 000 000
ADT ≥ 50 000 000
Minimum size of order qualifying as large in scale compared with normal market size
50 000
100 000
250 000
400 000
500 000

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Source: https://www.legislation.gov.uk/eur/2006/1287/annex/II/division/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2006-1287/annex-II/division-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.