# Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 17a: Tick sizes

Extent: E+W+S+N.I.

Systematic internalisers’ quotes, price improvements on those quotes and execution prices shall comply with tick sizes set in accordance with paragraph 3G of Schedule 1 to the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges, Clearing Houses and Central Securities Depositories) Regulations 2001, as if that paragraph applied to the systemic internaliser in the course of its operations as such and sub-paragraph (1A) were omitted.
Application of tick sizes shall not prevent systematic internalisers matching orders ... at mid‐point within the current bid and offer prices.

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Source: https://www.legislation.gov.uk/eur/2014/600/article/17a (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-600/article-17a
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.