Article 89 Transparency obligation
(Article 64(1) and 65(1) of Directive 2014/65/EU)
1. APAs and CTPs shall disclose and make easily available to the public the price and other terms and conditions for the provision of the market data in a manner which is easily accessible.
2. The disclosure shall include the following:
(a) current price lists, including the following information:
(i) fees per display user;
(ii) non-display fees;
(iii) discount policies;
(iv) fees associated with licence conditions;
(v) fees for pre-trade and for post-trade market data;
(vi) fees for other subsets of information, including those required in accordance with the regulatory technical standards pursuant to Article 12(2) of Regulation (EU) No 600/2014;
(vii) other contractual terms and conditions;
(b) advance disclosure with a minimum of 90 days' notice of future price changes;
(c) information on the content of the market data including the following information:
(i) the number of instruments covered;