To decide whether your transactions are of significant size for criterion (a) above, IBUK checks the following:
- During the last four quarters, you have conducted at least 40 trades;
- In each of the last four quarters, there has been at least one trade;
- The total notional value of your 40 largest trades over the last four quarters is greater than EUR 200,000; and
- Your account has a net asset value greater than EUR 50,000.
Trades in Spot FX and Unallocated OTC Metals are not counted in this calculation.