Skip to the text
In this act Article 9 of 22
Text as of 5 Jun 2023 · Consolidated version of 2 March 2026 · Same wording as today’s text.Today’s text

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

Financial servicesLevel 2RTSMiFIRIn forceOfficial source

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

9(a)
(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;
Copy link
9(b)
(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;
Copy link
9(c)
(c)the arrangement makes the information available to the public on a non-discriminatory basis;
Copy link
9(d)
(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.
Copy link