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CESR issued a document that summarizes the use of the criteria defined in Article 22 of the Commission Regulation to determine liquid shares.
According to Art. 22(1) of the Implementing Regulation, a share admitted to trading on a regulated market shall be considered to have a liquid market if the share is traded daily, with a free float not less than EUR 500 million, and one of the following conditions is satisfied.
The table provides information on the use of the above liquidity criteria in the Member States of CESR members. It does not contain information on whether a particular choice has been made e.g. in the national legislation or by the competent authority itself.