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AI Summary of Article 17a Tick sizes

Systematic internalisers' quotes, any price improvements applied to those quotes and the execution prices must comply with the tick sizes established pursuant to Article 49 of Directive 2014/65/EU.

The requirements set out in Article 15(2) of this Regulation and in Article 49 of Directive 2014/65/EU do not prevent systematic internalisers from matching orders at the midpoint within the current bid and offer prices.

Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 28 March 2024 - onwards
Version 2 of 2

Article 17a Tick sizes

Article 17a Tick sizes

1. Systematic internalisers' quotes, price improvements on those quotes and execution prices shall comply with the tick sizes set in accordance with Article 49 of Directive 2014/65/EU.

2. The requirements laid down in Article 15(2) of this Regulation and in Article 49 of Directive 2014/65/EU shall not prevent systematic internalisers from matching orders at midpoint within the current bid and offer prices.