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Turquoise emerging markeTsCzeCh republiC & hungary
Turquoise emerging markeTs: CzeCh republiC & hungary
Czech and Hungarian securities are available for trading on the Turquoise Integrated Order Book and Turquoise Plato™.
London
Czech Republic
Hungary
key feaTures
Turquoise inTegraTed order bookCombines limit and iceberg orders with Large In Scale hidden orders, and is fully compliant with pre-trade and post-trade transparency obligations. Our maker-taker pricing model provides members the opportunity to benefit from rebates for passive flow, with competitive fees for liquidity taking.
Turquoise plaTo™Turquoise Plato™ is the only independent public MTF dark book which allows participants full discretion on whether to match against all available flow in continuous trading, or to opt out of interaction with immediacy seeking latency sensitive flow.
— Turquoise Plato Uncross™ is a buy-side friendly randomised midpoint uncrossing for larger and less time sensitive passive orders. It allows only passive orders from buyers and sellers.
— Turquoise Plato Block Discovery™ further enhances the Turquoise Plato™ by facilitating the trading of larger block Orders by matching Block Indications.
Size priority in the matching logic and user defined Minimum Execution Size in Turquoise Plato™ also encourages larger sized orders and further improves execution quality.
Turquoise inTegraTed order book
Category Condition Tariff (bps)
Turquoise® Integrated Order Book – Aggressive Fee
All European business 0.30
Turquoise® Integrated Order Book – Tiered Passive Rebate
On monthly passive value up to €1.5 billion
−0.15
On monthly passive value between €1.5 billion and €3 billion
−0.20
On monthly passive value above €3 billion
−0.26
Turquoise plaTo™
Standard pricing Condition Tariff (bps)
Turquoise Plato™ – Execution Fee
All European business 0.30
Trading fees Clearing & seTTlemenTTurquoise operates an Open Access interoperable clearing model for Pan-European securities. For Czech and Hungarian securities, participants are given the choice of EuroCCP N.V. and and SIX x-clear for the clearing of all traded instruments. Customers currently without clearing arrangements for these markets should contact the relevant CCP, and advise Turquoise Market Operations of the revised clearing arrangements with the agreed effective date.
Settlement takes place at the respective local Central Securities Depository:
Czech Republic Hungary
EuroCCP and SIX x-clear EuroCCP and SIX x-clear
Czech Republic Hungary
Central Securities Depositary Prague Keler
seCuriTies CoverageCzeCh republiC
Name Market ID ISIN Symbol
BOREALIS EXPLORATION LTD XPRA GI000A1J9JJ0 BOREYk
CENTRAL EUROPEAN MEDIA ENT-A
XPRA BMG200452024 CETVk
CEZ AS XPRA CZ0005112300 CEZk
E4U AS ENERGY FOR YOU XPRA CZ0005123620 E4Uk
ENERGOCHEMICA SE XPRA CZ0008467818 ENCHEk
ENERGOAQUA A.S XPRA CS0008419750 ENRGAk
ERSTE GROUP BANK AG XPRA AT0000652011 ERBAGk
FORTUNA ENTERTAINMENT GROUP
XPRA NL0009604859 FOREGk
KOFOLA CS AS XPRA CZ0009000121 KOFOLk
KOMERCNI BANKA AS XPRA CZ0008019106 KOMBk
JACHYMOV PROPERTY MANAGEMENT
XPRA CS0008446753 LAZJAk
MONETA MONEY BANK AS XPRA CZ0008040318 MONETk
Name Market ID ISIN Symbol
NEW WORLD RESOURCES PLC-A SH
XPRA GB00B42CTW68 NWRUKk
PEGAS NONWOVENS SA XPRA LU0275164910 PEGASk
PRAZSKE SLUZBY XPRA CZ0009055158 PRSLUk
RMS MEZZANINE XPRA CS0008416251 PVTk
STOCK SPIRITS GROUP PLC XPRA GB00BF5SDZ96 STOCKk
PHILIP MORRIS CR AS XPRA CS0008418869 TABAKk
O2 CZECH REPUBLIC AS XPRA CZ0009093209 TELECk
TATRY MOUNTAIN RESORTS AS 6
XPRA SK1120010287 TMRk
TOMA XPRA CZ0005088559 TOMAk
UNIPETROL AS XPRA CZ0009091500 UNIPEk
VGP XPRA BE0003878957 VGPk
VIENNA INSURANCE GROUP AG
XPRA AT0000908504 VIGk
seCuriTies Coveragehungary
Name Market ID ISIN Symbol
ANY SECURITY PRINTING CO XBUD HU0000093257 ANYt
APPENINN HOLDING XBUD HU0000102132 APPENt
CIG PANNONIA LIFE INSURANC-A
XBUD HU0000097738 CIGPAt
BUDAPESTI ELEKTROMOS MUVEK
XBUD HU0000074513 ELMUt
EMASZ XBUD HU0000074539 EMASZt
ENEFI ENERGYEFFICIENCY PLC
XBUD HU0000089198 ENEFIt
EST MEDIA PLC XBUD HU0000127816 ESTMEt
FHB MORTGAGE BANK PLC XBUD HU0000078175 FHBt
GRAPHISOFT PARK SE XBUD HU0000083696 GSPARt
MASTERPLAST NYILVANOSAN MUKO
XBUD HU0000093943 MASTEt
Name Market ID ISIN Symbol
MOL HUNGARIAN OIL AND GAS PL
XBUD HU0000068952 MOLt
MAGYAR TELEKOM TELECOMMUNICA
XBUD HU0000073507 MTELEt
OPIMUS GROUP NYILVANOSAN MUK
XBUD HU0000110226 OPIMUt
OTP BANK PLC XBUD HU0000061726 OTPt
PANNERGY PLC XBUD HU0000089867 PANNEt
PLOTINUS VAGYONKEZELO NYILVA
XBUD HU0000097530 PLOTIt
RABA AUTOMOTIVE HOLDING PLC
XBUD HU0000073457 RABAt
RICHTER GEDEON NYRT XBUD HU0000123096 RICHTt
ZWACK UNICUM RT XBUD HU0000074844 ZWACKt
Turquoise full instrument list can be found at http://www.lseg.com/documents/instrument-list-xls
Contact the Turquoise TeamTelephone +44 20 7382 [email protected]/turquoise/cee
This brochure is for information only. Turquoise attempts to ensure this Factsheet is accurate, however this brochure is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date. No responsibility is accepted by or on behalf of Turquoise for any errors, omissions or inaccurate information on this Brochure. We accept no liability for the results of any action taken on the basis of the Brochure. London Stock Exchange and the London Stock Exchange coat of arms device are trade marks of London Stock Exchange plc. Turquoise is a trademark of Turquoise Global Holdings Limited.
© September 2016 Turquoise Global Holdings Limited.