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MiFIR ToolDelegated Regulation 2025/1156
ANNEX I

ANNEX I - Delegated Regulation 2025/1156

ANNEX I

Template for publication for market data policy

Legal basis

Contents

Article 17 of this Regulation

Market data policy: year XXXX

[Insert hyperlink to:

(i)

the fee schedule for market data provision;

(ii)

the terms and conditions of the market data provision, including any indirect service necessary for accessing the market data;

(iii)

the terms and conditions of the audit referred to in Article 15.]

Article 5 and 20 of this Regulation

[Insert a high-level summary of the fees offered in the fee schedule. The fee schedule should include the following items:

(i)

fees per unit of count of pre-trade and post-trade market data;

(ii)

categories of clients and the criteria used to set forth the categories;

(iii)

discount policies;

(iv)

fees for other subsets of information, including those required in accordance with the level of disaggregation of data pursuant to Commission Delegated Regulation (EU) 2017/572;

(v)

other contractual terms and conditions.

Any changes to the price list should be clearly indicated and explained.]

Article 16 of this Regulation

Advance disclosure with a minimum of 3 months’ notice of future fee change with entry into force on the DD/MM/YYYY [Insert the hyperlink to the future fee schedule with the date of entry into force]

Article 13(1) of Regulation (EU) No 600/2014

Market Data Content Information

Period covered: 1.1.YYYY–31.12.YYYY

Asset Class

(1)

Number of instruments covered

(2)

Total turnover of instruments covered

(3)

Pre-trade/post-trade market data ratio

Equity instruments (shares, ETFs, DRs, certificates, other equity-like financial instruments)

 

 

 

Bonds

 

 

 

ETCs ETNs

 

 

 

SFPs

 

 

 

Securitised derivatives

 

 

 

Interest Rate Derivatives

 

 

 

Credit Derivatives

 

 

 

Equity derivatives

 

 

 

FX derivatives

 

 

 

Emission allowances derivatives

 

 

 

C10 derivatives

 

 

 

Commodity derivatives

 

 

 

CFDs

 

 

 

Emission allowances

 

 

 

Article 22 of this Regulation

Cost disclosure: year YYYY

Information on how the level of fees is set

[Please, insert summary on how the level of fees is set]

Cost accounting methodologies

[Please, insert hyperlink to the cost accounting methodology]

(1)

List of types of costs, according to Article 2 of this Regulation

(2)

Allocation keys (%)

(3)

Allocation principles

(4)

Please explain whether a margin is included and how it is ensured to be reasonable