(12)Trading in depositary receipts, ETFs, certificates, similar financial instruments and shares other than those admitted to trading on a regulated market takes place in largely the same fashion, and fulfils a nearly identical economic purpose, as trading in shares admitted to trading on a regulated market. Transparency provisions applicable to shares admitted to trading on regulated markets should thus be extended to those financial instruments.
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New version applies from 01/07/2016 — introduced by Regulation (EU) 2016/1033.
90 provisions change.
Later versions: 26/03/2020, 04/07/2020, 26/06/2021, 01/01/2022, 09/01/2024, 28/03/2024, 04/12/2024, 17/01/2025.
Recital 12 changes in this version: compare with the current text.