Updated 10/12/2025
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Article 12 - Delegated Regulation 2025/1156

Article 12

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.