|Order Book Executions per Month (from 1st September 2014) ||Fee per Executed Order |
|ATP Order Book Executions per Month (from 1st September 2014)*||Fee per ATP Executed Order|
|Other ||Fee |
|OTC Trade Reports||€0.05|
|Annual Membership Fee||€25,000|
|Annual Trade Reporting Membership Fee**||€1,000|
*Firms wishing to gain access to the reduced order execution fees for algorithmic trading flow need to submit a signed version of the Automated Trading Programme (ATP) Agreement and the Application for the Approval of an ATP User-ID form to the ISE. Both documents are available for download below.
**Trade reporting (only) member firms pay an annual charge of €1,000 and gain access to the €0.05 fee per trade report for off-exchange trades in non-ISE EU Regulated Market securities in accordance with the ISE’s MiFID Post-trade Transparency Service. More information on this offering is available below.
Connection Fees The level of connection fees paid by a trading member firm for connection to the ISE Xetra® platform depends on the type of connection sought by the member firm as well as the location of the member firm. For more details regarding the connection fees please click here.
Clearing and Settlement Fees The ISE has outsourced the provision of its clearing and settlement facilities to Eurex Clearing AG (Eurex) and Euroclear UK & Ireland (CREST) respectively. Full details of the fees charged by Eurex can be found by clicking here. The ISE does not charge any clearing and settlement fees in addition to those levied by Eurex and Euroclear UK & Ireland.
Trading membership enquiries should be directed to firstname.lastname@example.org.