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Article 8 – Type and minimum size of orders held in an order management facility ⬅️ | ➑️ Article 10 – Prices reflecting prevailing market conditions

Article 9 - Arrangements for the publication of a firm quote

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 14 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 EU as specified in Commission Delegated Regulation (EU) 2017/574.