Table 3

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) · European Union

Standard market sizes (in EUR) Class in terms of average value of transact-ions (AVT) AVT < 10000 10000 ≤ AVT < 20000 20000 ≤ AVT < 30000 30000 ≤ AVT < 40000 40000 ≤ AVT < 50000 50000 ≤ AVT < 70000 70000 ≤ AVT < 90000 Etc. Standard market size 7500 15000 25000 35000 45000 60000 80000 Etc.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.