Open on EUR-Lex ↗
◷
New version applies from 09/04/2019 — introduced by Commission Delegated Regulation (EU) 2019/442. 23 provisions change. Later versions: 05/06/2023, 01/01/2024, 23/11/2025, 02/03/2026. Article 9 changes in this version: compare with the current text.

Article 9 - Arrangements for the publication of a firm quote (Article 14(1) of Regulation (EU) No 600/2014)

Article 9
Arrangements for the publication of a firm quote (Article 14(1) of Regulation (EU) No 600/2014)

Any arrangement that a systematic internaliser adopts in order to comply with the obligation to make public firm quotes shall satisfy the following conditions:

((a))

the arrangement includes all reasonable steps necessary to ensure that the information to be published is reliable, monitored continuously for errors, and corrected as soon as errors are detected;

((b))

the arrangement complies with technical arrangements equivalent to those specified for approved publication arrangements (APAs) in Article 15 of Delegated Regulation (EU) 2017/571 that facilitate the consolidation of the data with similar data from other sources;

((c))

the arrangement makes the information available to the public on a non-discriminatory basis;

((d))

the arrangement includes the publication of the time the quotes have been entered or amended in accordance with Article 50 of Directive 2014/65/EU as specified in Commission Delegated Regulation (EU) 2017/574 9.

  1. 9 Commission Delegated Regulation (EU) 2017/574 of 7 June 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the level of accuracy of business clocks (see page 148 of this Official Journal). ↩
Official text · the act as published Open full page ↗
12 queries · page built in 11 msInventory f82bbfa3