The Unpriced Accepted Offers Volume is defined as the sum of the volumes of all Offers accepted for the period which are not De Minimis Acceptance volumes and not Arbitrage Accepted Offers which have been Classified as Second Stage Flagged (i.e. which are eligible to be re-priced).

It should be noted that a consequence of this definition is that adding together the Priced and Unpriced Accepted Offers Volumes, PAOV and UAOV, does not necessarily give the total volume of Offers accepted for the Period, because any De Minimis or Arbitrage Accepted Offer volumes will not be included.