> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r.md).

# Title III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic internalisers (Art. 14–23a)

- [Art. 14 — Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/14.md): MiFIR Article 14 — Obligation for systematic internalisers to make public firm quotes in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments. Regulation
- [Art. 15 — Execution of client orders](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/15.md): MiFIR Article 15 — Execution of client orders. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic
- [Art. 16 — Obligations of competent authorities](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/16.md): MiFIR Article 16 — Obligations of competent authorities. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for
- [Art. 17 — Access to quotes](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/17.md): MiFIR Article 17 — Access to quotes. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic internali
- [Art. 17a — Tick sizes](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/17a.md): MiFIR Article 17a — Tick sizes. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic internalisers.
- [Art. 18 — Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/18.md): MiFIR Article 18 — Obligation for systematic internalisers to make public firm quotes in respect of bonds, structured finance products, emission allowances and derivatives. Regulation (EU) No 600/2014
- [Art. 19 — Monitoring by ESMA](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/19.md): MiFIR Article 19 — Monitoring by ESMA. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic interna
- [Art. 20 — Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/20.md): MiFIR Article 20 — Post-trade disclosure by investment firms, including systematic internalisers, in respect of shares, depositary receipts, ETFs, certificates and other similar financial instruments.
- [Art. 21 — Post-trade disclosure by investment firms in respect of bonds, structured finance products, emission allowances and derivatives](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/21.md): MiFIR Article 21 — Post-trade disclosure by investment firms in respect of bonds, structured finance products, emission allowances and derivatives. Regulation (EU) No 600/2014, Chapter III — Transpare
- [Art. 21a — Designated publishing entities](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/21a.md): MiFIR Article 21a — Designated publishing entities. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for syste
- [Art. 22 — Providing information for the purposes of transparency and other calculations](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/22.md): MiFIR Article 22 — Providing information for the purposes of transparency and other calculations. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment fi
- [Art. 22a — Transmission of data to the CTP](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/22a.md): MiFIR Article 22a — Transmission of data to the CTP. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for syst
- [Art. 22b — Data quality](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/22b.md): MiFIR Article 22b — Data quality. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for systematic internaliser
- [Art. 22c — Synchronisation of business clocks](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/22c.md): MiFIR Article 22c — Synchronisation of business clocks. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime for s
- [Art. 23 — Trading obligation for investment firms](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/23.md): MiFIR Article 23 — Trading obligation for investment firms. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading OTC and tick size regime f
- [Art. 23a — Accessibility of information on the European single access point](https://www.mica.wtf/mifir/title-iii-transparency-for-systematic-internalisers-and-investment-firms-trading-otc-and-tick-size-r/23a.md): MiFIR Article 23a — Accessibility of information on the European single access point. Regulation (EU) No 600/2014, Chapter III — Transparency for systematic internalisers and investment firms trading


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