+Article 86 2.

Article 86 2.

Any differentials in prices charged to different categories of customers shall be proportionate to the value which the market data represent to those customers, taking into account:

(a) 

the scope and scale of the market data including the number of financial instruments covered and trading volume;

(b) 

the use made by the customer of the market data, including whether it is used for the customer's own trading activities, for resale or for data aggregation.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards