Paragraph 1 shall not apply to transactions based on a clear, transparent and accessible index, where the underlying reference entities are identical to those that make up an index of entities that is widely traded, or are other tradable securities other than securitisation positions.
Ní bheidh feidhm ag mír 1 maidir le hidirbhearta atá bunaithe ar innéacs soiléir, trédhearcach, inrochtana, i gcás ina bhfuil na heintitis tagartha fholuiteacha comhionann leo sin atá ar áireamh in innéacs eintiteas a dhéantar a thrádáil go forleathan, nó i gcás inar urrúis intrádála eile iad seachas suíomhanna urrúsúcháin.