Preamble
Recitals 25
Chapter I - DEFINITIONS (Article 1) 1
Chapter II - CALCULATION OF TOTAL COSTS AND MARGINS OF MARKET DATA (Article 2-3) 2
Chapter III - NON-DISCRIMINATORY ACCESS (Article 4-6) 3
Chapter IV - UNBIASED AND FAIR CONTRACTUAL TERMS (Article 7-16) 10
Chapter V - CONTENT, FORMAT AND TERMINOLOGY OF THE MARKET DATA POLICIES (Article 17-22) 6
Chapter VI - DATA ACCESS, CONTENT AND FORMAT OF DELAYED MARKET DATA (Article 23-25) 3
Chapter VII - CONTENT, FORMAT AND TERMINOLOGY OF THE INFORMATION TO BE PROVIDED TO THE COMPETENT AUTHORITIES (Article 26) 1
Chapter VIII - FINAL PROVISIONS (Article 27-28) 2
Annexes 2
- Annex I
- Annex II

market data agreement

Definitions over time (1)

23/11/2025 – today applies on 10/11/2026 Article 1, Commission Delegated Regulation (EU) 2025/1156 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply:

‘market data agreement’ means any agreement between the market data provider and the market data client for the provision of market data and reflecting the information and fees disclosed in the market data policy;