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In this act Article 85 of 92

Article 85 — Provision of market data on the basis of cost (Article 64(1) and 65(1) of Directive 2014/65/EU)

Financial servicesLevel 2Delegated RegulationMiFID IIIn forceOfficial source

85(1)

1.The price of market data shall be based on the cost of producing and disseminating such data and may include a reasonable margin.

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85(2)

2.The costs of producing and disseminating market data may include an appropriate share of joint costs for other service provided by APAs and CTPs.

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