Cut both large and small jumps on ice (5)
I believe the answer is:
axels
'jumps on ice' is the definition.
(I've seen this in another clue)
'cut both large and small' is the wordplay.
I cannot really see how this works, but
'cut' could be 'axe' (both can mean to cancel or remove) and 'axe' is located in the answer.
'large' could be 'l' (eg in clothes sizes) and 'l' is found in the answer.
'small' could be 's' (abbreviation - e.g. clothes size) and 's' is found within the answer.
No letters remain.
This may be the basis of the clue (or it may be nonsense).
Can you help me to learn more?
(Another definition for axels that I've seen is " Ice-skating jumps involving turns in mid-air".)