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Section 1 Pre-trade transparency for trading venues (arts. 3-8) |
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Article 3 Pre-trade transparency obligations |
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Article 4 Most relevant market in terms of liquidity |
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Article 5 Specific characteristics of negotiated transactions |
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Article 6 Negotiated transactions subject to conditions other than the current market price |
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Article 7 Orders that are large in scale |
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Article 8 Type and minimum size of orders held in an order management facility |
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Section 2 Pre-trade transparency for systematic internalisers and investment firms trading outside a trading venue (arts. 9-11) |
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Article 9 Arrangements for the publication of a firm quote |
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Article 10 Prices reflecting prevailing market conditions |
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Article 11 Standard market size |
