This is the value, as at the relevant date, in relation to positions giving rise to equity position risk, as determined in accordance with relevant prudential standards.This item includes holdings of, or positions in:     - ordinary shares, whether voting or non-voting;     - convertible securities that behave like equities;     - commitments to buy or sell equity securities; and     - any other instruments that exhibit market behaviour similar to equities. 

Positions are to be reported on a market-by-market basis, with calculations for each national market in which the ADI holds equities to be reported in a separate line. Equities with listings in more than one market should be reported as positions in the market of their primary listing.

An "equity position" is the net of short and long exposures to an individual company. Specific risk is assessed as the sum of the net short or long exposure to individual companies irrespective of sign.