Article 48 › 2
MiFID II
Member States shall require a regulated market to have in place: (a) written agreements with all investment firms pursuing a market making strategy on the regulated market; (b) schemes to ensure that a sufficient number of investment firms participate in such agreements which require them to post firm quotes at competitive prices with the result of providing liquidity to the market on a regular and predictable basis, where such a requirement is appropriate to the nature and scale of the trading on that regulated market.
National law under this provision
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Source: EUR-Lex CELLAR · retrieved 2026-09-04