Article 10 | Delegated Regulation 2025/1156 | judict

Updated 10/12/2025

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MiFIR Tool Delegated Regulation 2025/1156

Article 10

Article 10 - Delegated Regulation 2025/1156

Article 10

Conformity of the terms with the market data policy

Market data providers shall ensure that the terms in the market data agreement are conform with the information provided in the published market data policy.

Table of contents

CHAPTER I - DEFINITIONS (Article 1)

CHAPTER II - CALCULATION OF TOTAL COSTS AND MARGINS OF MARKET DATA (Article 2-3)

CHAPTER III - NON-DISCRIMINATORY ACCESS (Article 4-6)

CHAPTER IV - UNBIASED AND FAIR CONTRACTUAL TERMS (Article 7-16)Article 7 - Provision of pre-contractual information Article 8 - Fair terms Article 9 - Contractual terms Article 10 - Conformity of the terms with the market data policy Article 11 - Additional fees Article 12 - Per client fees Article 13 - Obligation to keep data unbundled Article 14 - Penalties Article 15 - Contractual provisions on audit Article 16 - Unilateral changes to fees and conditions

CHAPTER V - CONTENT, FORMAT AND TERMINOLOGY OF THE MARKET DATA POLICIES (Article 17-22)

CHAPTER VI - DATA ACCESS, CONTENT AND FORMAT OF DELAYED MARKET DATA (Article 23-25)

CHAPTER VII - CONTENT, FORMAT AND TERMINOLOGY OF THE INFORMATION TO BE PROVIDED TO THE COMPETENT AUTHORITIES (Article 26)

CHAPTER VIII - FINAL PROVISIONS (Article 27-28)

ANNEX I ANNEX II