lexiara

(3)

Article 4 is amended as follows: in paragraph 1, point (b), point (i) is replaced by the following: made within the current volume-weighted spread reflected on the order book or the quotes of the market makers of the trading venue operating that system;’; in paragraph 6, first subparagraph, point (a) is replaced by the following: the details of pre-trade data, the range of bid and offer prices or designated market-maker quotes, and the depth of trading interest at those prices, to be made public for each class of financial instrument concerned in accordance with Article 3(1), taking into account the necessary calibration for different types of trading systems as referred to in Article 3(2);’;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-13 · Text as adopted (Official Journal); later amendments are not incorporated in this text.