1. This Regulation specifies the method of calculation of the 10 % fall in value for liquid shares traded on a trading venue as set out in Article 23(5) of Regulation (EU) No 236/2012.
2. This Regulation also specifies the method of calculation of the fall in value for the following financial instruments traded on a trading venue as specified in Delegated Regulation (EU) No 918/2012 adopted pursuant to Article 23(7) of Regulation (EU) No 236/2012:
illiquid shares;
the following non-derivative financial instruments:(i)debt instruments issued by sovereign and corporate issuers;(ii)exchange-traded funds;(iii)money market instruments;
debt instruments issued by sovereign and corporate issuers;
exchange-traded funds;
money market instruments;
derivatives whose sole underlying is a financial instrument traded on a trading venue.