Close


Trading Parameters

Corridors for Volatility Interruptions

Volatility Corridors Shares and Funds Bonds
dynamic 3 % 2 %
static 10 % 4 %
extended 6 % 4 %


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.

Type of Issue Orders
(numbers)
Orders
(volume)
Quotes
(numbers)
Quote
(volume)
Shares and Units 10 000 50 000 100 000 1 000 000
Bonds 100 1 000 10 000 1 500 000
Structured Products 100 1 000 100 000 1 000 000


ICEBERG Orders

Price on the Decisive Day Minimum Size
(pcs)
Peak
(pcs)
< 5000 Kč 1000 100
> 5000 Kč 250 25


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 valid from 1 April, 2024



Tick Size: Structured Products

Price Tick Size
< 10 0,01 Kč
10 - 200 0,05 Kč
200 - 1000 0,10 Kč
> 1000 1,00 Kč

Tick Size: Bonds

Price Tick Size
< 200 0,01 Kč
> 200 1,00 Kč