Corridors for Volatility Interruptions
OTR - sent orders (quotes) / traded orders (quotes)
OTR = sent orders / traded orders and this parameter will be counted in two variants – number of orders and number of pieces – calculated per member, ISIN and trading day
If this % ratio is over the limit set by the trading venue, this member should pay the fee according to the fee schedule.
ICEBERG Orders
Note: The peak size of an iceberg order has always to be at least 5% of the order size. Minimum trade value must be 10 000 EUR.
Tick Size for Shares, Shares of Investment Funds, Unites of Investment Funds and Subscription Rights
valid from 2 Jan. 2018
|
Liquidity Bands - average daily number of trades |
|
LB1 |
LB2 |
LB3 |
LB4 |
LB5 |
LB6 |
| Price |
0≤
number
< 10 |
10≤
number
< 80 |
80≤
number
< 600 |
600≤
number
< 2000 |
2000≤
number
< 9000 |
9000≤
number
|
|
0 ≤ price < 0.1
|
0.0005
|
0.0002
|
0.0001
|
0.0001
|
0. 0001
|
0.0001
|
|
0.1 ≤ price < 0.2
|
0.001
|
0.0005
|
0.0002
|
0.0001
|
0.0001
|
0.0001
|
|
0.2 ≤ price < 0.5
|
0.002
|
0.001
|
0.0005
|
0.0002
|
0.0001
|
0.0001
|
|
0.5 ≤ price < 1
|
0.005
|
0.002
|
0.001
|
0.0005
|
0.0002
|
0.0001
|
|
1 ≤ price < 2
|
0.01
|
0.005
|
0.002
|
0.001
|
0.0005
|
0.0002
|
|
2 ≤ price < 5
|
0.02
|
0.01
|
0.005
|
0.002
|
0.001
|
0.0005
|
|
5 ≤ price < 10
|
0.05
|
0.02
|
0.01
|
0.005
|
0.002
|
0.001
|
|
10 ≤ price < 20
|
0.1
|
0.05
|
0.02
|
0.01
|
0.005
|
0.002
|
|
20 ≤ price < 50
|
0.2
|
0.1
|
0.05
|
0.02
|
0.01
|
0.005
|
|
50 ≤ price < 100
|
0.5
|
0.2
|
0.1
|
0.05
|
0.02
|
0.01
|
|
100 ≤ price < 200
|
1
|
0.5
|
0.2
|
0.1
|
0.05
|
0.02
|
|
200 ≤ price < 500
|
2
|
1
|
0.5
|
0.2
|
0.1
|
0.05
|
|
500 ≤ price < 1 000
|
5
|
2
|
1
|
0.5
|
0.2
|
0.1
|
|
1 000 ≤ price < 2 000
|
10
|
5
|
2
|
1
|
0.5
|
0.2
|
|
2 000 ≤ price < 5 000
|
20
|
10
|
5
|
2
|
1
|
0.5
|
|
5 000 ≤ price < 10 000
|
50
|
20
|
10
|
5
|
2
|
1
|
|
10 000 ≤ price < 20 000
|
100
|
50
|
20
|
10
|
5
|
2
|
|
20 000 ≤ price < 50 000
|
200
|
100
|
50
|
20
|
10
|
5
|
|
50 000 ≤ price
|
500
|
200
|
100
|
50
|
20
|
10
|
List of the Equities in the Liquidity Bands
Tick Size: Structured Products
| Price |
Tick Size |
| < 10 |
CZK0.01 |
| 10 - 200 |
CZK0.05 |
| 200 - 1000 |
CZK0.10 |
| > 1000 |
CZK1.00 |
Tick Size: Bonds
