(a) it has positions that must be included in a
Trading Book in accordance with PIB section A2.1 of PIB App2;
(b) those positions are held with trading intent in accordance with PIB Rule A2.1.5; and
(c) the total value of the positions eligible for inclusion in the
Trading Book pursuant to (a) and (b):
(i) normally exceeds $15 million or 5% of its combined on and off-balance sheet positions; or
(ii) has exceeded $20 million or 6% of its combined on and off-balance sheet positions at any time in the preceding twelve month period.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]