Trading Tariff & Prices 2012
Chi-X Europe was the first trading venue in Europe to adopt the rebate tariff model.
The following trading tariff and prices apply:
| Trading fees for visible executions | 0.30bps charge for aggressive execution* 0.20bps rebate for passive execution** |
| Non-displayed executions | 0.15bps charge (for non-displayed executions resulting from non-IOC/FOK orders) 0.30bps charge (for all other non-displayed executions) |
Order entry, amendments & deletions | No charge | Membership & application | No charge | Inactive Port Fees | £500 per port per month. Charge only applied to Trading Participants who have traded less than £50 million across all of their ports for that month*** |
Additional Produces and Services
| Real Time Market Data | Charges applied to data vendors. (Click here for more details). No charge applied to other recipients. |
| Historical Data | From £400 per calendar month (Click here for further information). |
| Sponsored Access | £500 per month, per redundant drop feed, per Sponsored Client |
| FIX Drop Copy | £500 per month, per redundant drop feed |
| Switch port access for co-loacted participants/vendors | £325 per month, per port (participant) £600 per month, per port (vendor) |
| Cross connects for remotely connected participants/vendors | £325 per month, per port (participant) £600 per month, per port (vendor) |
| Connectivity Pricing (effective 1st May) | Click here for further information. |
* An aggressive execution refers to an incoming order which hits an order that has been placed on the order book resulting in an execution.
** A passive execution refers to an order which has been placed on the order book and executes as a result of being hit by an incoming order.
*** Charge will be waived for the first 3 billing months of the Participant's membership of Chi-X Europe.