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🔗 Back to Summary. 🇫🇷 French Version: 2025R1156_FR.12. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 11 – Additional fees ⬅️ | ➡️ Article 13 – Obligation to keep data unbundled
Article 12 - Per client fees
1.
Market data providers shall put arrangements in place to ensure that a single provision of market data is charged only once.
2.
To this aim, where market data has been sourced through multiple market data providers or redistributors, market data providers shall offer the possibility to charge fees only once per client for the same provision of market data.