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Chapter 3 · Obligation to offer trade data on a separate and reasonable commercial basis › Article 16

Obligations of competent authorities

The competent authorities shall check the following:

(a)

that investment firms regularly update bid and offer prices published in accordance with Article 14 and maintain prices which reflect the prevailing market conditions;

(b)

that investment firms comply with the conditions for price improvement laid down in Article 15(2).

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