Corridors for Volatility Interruptions

Volatility CorridorsShares and fundsBonds
dynamic3%2%
static10%4%
extended6%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 issueOrders 
(numbers)
Orders 
(volume)
Quotes
(numbers)
Quote 
(volume)
Shares and Units10 00050 000100 0001 000 000
Bonds1001 00010 0001 500 000
Structure Products1001 000100 0001 000 000

 

ICEBERG Orders

Price on the decisive dayMinimum size (pcs)Peak (pcs)
< CZK 50001000100
> CZK 500025025

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.

 

 

valid from 2.1.2018

Tick Size RegimeLiquidity Bands - average daily number of trades
LB1LB2LB3LB4LB5LB6
Price0≤
number
<10
10≤
number
<80
80≤
number
<600
600≤
number
<2000
2000≤
number
<9000
9000≤
number

0≤ price <0.10.00050.00020.00010.00010.00010.0001
0.1≤ price <0.20.0010.00050.00020.00010.00010.0001
0.2≤ price <0.50.0020.0010.00050.00020.00010.0001
0.5≤ price <10.0050.0020.0010.00050.00020.0001
1≤ price <20.010.0050.0020.0010.00050.0002
2≤ price <50.020.010.0050.0020.0010.0005
5≤ price <100.050.020.010.0050.0020.001
10≤ price <200.10.050.020.010.0050.002
20≤ price <500.20.10.050.020.010.005
50≤ price <1000.50.20.10.050.020.01
100≤ price <20010.50.20.10.050.02
200≤ price <500210.50.20.10.05
500≤ price <1.0005210.50.20.1
1.000≤ price <2.000105210.50.2
2.000≤ price <5.00020105210.5
5.000≤ price <10.000502010521
10.000≤ price <20.00010050201052
20.000≤ price <50.0002001005020105
50.000≤ price500200100502010

List of the Equities in the Liquidity Bands.

 

 

Tick Size: Structured Products

 

PriceTick Size
< 10CZK 0.01
10 - 200CZK 0.05
200 - 1000

CZK 0.10

> 1000CZK 1.00

 

 

Tick Size: Bonds

PriceTick Size
< 200CZK 0.01
> 200CZK 1.00