ETFWorld.fr

Update of fees applicable to Etf, Etv and Etn trade reporting service

Executive Summary: Euronext will implement changes to its Trade Reporting Service fees for Cash Markets as of 1 July 2016. The aim is to adapt our fees to the evolving market environment, improve execution quality on our markets and enhance transparency on our listed ETFs, ETVs and ETNs….

Following consultation with clients, Euronext has decided to amend the fees for block trades and other negotiated trades reported via the Trade Confirmation System, adding a monthly cap of €1,000 per member.

The ad-valorem fee of 0.15 bps with a minimum of €0.75 and maximum of €45.00 per trade remain unchanged.

The change aims to adapt our fees to the evolving market environment, improve execution quality on our markets and enhance transparency on our listed ETF, ETV and ETN.

SCOPE OF THE CHANGE

The change will concern all Euronext’s listed ETF, ETV and ETN trades reported via our TCS Trade Reporting Service.

As of 1 July  2016, Euronext will amend the fee scheme applicable to ETF, ETV and ETN trading.

Source: ETFWorld.fr