Updated 10/12/2025
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Article 21 - Delegated Regulation 2025/1156

Article 21

Format for publication of market data policy

1.   Market data providers shall publish the market data policy by using the template set out in Annex I. That template shall not be used for any other information.

2.   In the market data policy market data providers shall provide information in a consistent manner and with the same level of granularity and ensure that offers to market data clients can be easily compared. Information on pre- and post-trade data shall be provided separately.