Fee Schedule

Cboe Europe Equities: Suspension of trading in Swiss registered shares, effective Mon 1st July 2019

June 24, 2019 17:27:14

Dear Cboe Europe Participants,

Following the notice published by the Swiss Federal Council, as from 1st January 2019, a recognition obligation has been applicable to foreign trading venues if they admit shares of Swiss registered companies to trading or permit trading in such shares. In the event that Switzerland is not granted equivalence from the EU by Sunday 30th June 2019, Cboe Europe (Cboe) will not be permitted to admit to trading securities with a Swiss registered office and listed on a Swiss exchange with effect from the start of trading on Monday 1st July 2019. Please note that this applies only to shares (ETFs, ETCs, ETNs are not impacted).

In practice, this means that all On-Exchange activity (Order Books, Periodic Auctions, Cboe LIS, ETRs) in the affected instruments, will be rejected by Cboe. Please note that the submission of OTC trade reports or SI quotes to the APA (TRF) or SI platforms are unaffected and will continue to be permitted.

Affected Instruments

Summary:
Security type

Listing Jurisdiction

Status from effective date

Swiss registered company (Equity)

Switzerland

Delisted

Swiss registered company (Equity)

Switzerland + EU RIE

Delisted

Swiss registered company (Equity)

EU RIE

Ok to trade

Please find attached the instrument data for the affected securities as well as a list of the same symbols below:

ABBNz,ADENz,ADVNz,ADXNz,AEVSz,AIREz,AIRNz,ALCz,ALLNz,ALPHz,ALPNz,ALSNz,ANFOz,ARBNz,ARONz,ARYNz,ASCNz,AUTNz,BAERz,BALNz,BANBz,BAPz,BARNz,BBNz,BCGEz,BCHNz,BCVNz,BEANz,BEKNz,BELLz,BIMz,BIONz,BKWz,BLKBz,BOBNNz,BOSNz,BPDGz,BRKNz,BSKPz,BSLNz,BUCNz,BVZNz,CALNz,CASNz,CEVAz,CFRz,CFTz,CICNz,CIEz,CLNz,CLTNz,CLXNz,CMBNz,CONz,COTNz,CPHNz,CSGNz,CSLPz,DAEz,DCNz,DESNz,DKSHz,DOKAz,DUFNz,EDHNz,EEIIz,EFGNz,ELMNz,EMMNz,EMSNz,ESUNz,EVEz,FHZNz,FINz,FIRz,FONCz,FORNz,FRENz,FTONz,GALEz,GAMz,
GAVz,GEBNz,GIVNz,GLKBNz,GLOBIz,GMIz,GREENz,GRKPz,GURz,HBLNz,HELNz,HIAGz,HLEEz,HOCNz,HOSPz,HRENz,HUBNz,IDIAz,IFCNz,IMPNz,IMz,INRNz,INTz,IRENz,ISNz,JFNz,KARNz,KLINz,KNINz,KOMNz,KUDz,LANDz,LECNz,LEHNz,LHNz,LINNz,LISNz,LISPz,LLQz,LOGNz,
LONNz,LUKNz,MBTNz,METNz,MIKNz,MOBNz,MOZNz,MTGz,NBENz,NESNz,NEVz,NOVNEz,NOVNz,NTIVz,OBSNz,ODHNz,OERLz,OFNz,ORONz,PARGz,PEANz,PEDUz,PEHNz,PFIz,PGHNz,PLANz,PMz,POLNz,PRFNz,PSCFz,PSPNz,PSREFz,PWTNz,RDFz,RIENz,RIGNz,RLDz,RLFz,ROGz,ROSEz,ROz,RUSz,SAHNz,SANNz,SCHNz,SCHPz,SCMNz,SENSz,SFPFz,SFPNz,SFSNz,SFZNz,SGKNz,SGSNz,SIATz,SIGNz,SIKAz,SIMAz,SLHNz,SNBNz,SOONz,SPCEz,SPSNz,SQNz,SRAILz,SRCGz,SREAz,SRENEz,SRENz,STGNz,STLNz,STMNz,STRNz,SUNz,SWRESz,SWTQz,TAMNz,TECNz,TEMNz,TIBNz,
TKBPz,TOHNz,UBCHz,UBSGz,UBXNz,UHRNz,UHRz,VACNz,VALNz,VATNz,VETz,VIFNz,VILNz,VONNz,VZNz,WKBNz,YPSNz,ZGz,ZUBNz,ZURNz,ZWMz,ABBs,BBZAd,BBm,CSXd,ED4d,LHNp,NESRd,NOTd,YZAi

Certification (UAT) Testing
In preparation, the trading suspensions described above will be deployed in the CERTIFICATION environments, effective Wednesday 26th June 2018

UAT Symbol Reference Data: http://certification.bats.com/europe/equities/support/reference_data/

The updated Production Symbol Reference Data Files will be available on our website at http://markets.cboe.com/europe/equities/support/reference_data/.

All current and historical Cboe Europe notices, including symbol universe updates, are available online at http://markets.cboe.com/europe/equities/notices/schedule_update/.

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk
Cboe Europe Equities
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E. [email protected] | cboe.com >

Cboe Europe Equities: Pricing effective Mon 1st April 2019

February 28, 2019 13:48:35

Dear Cboe Europe Equities Participants,

Cboe Europe Equities (Cboe) would like to announce:

· The introduction of a new Liquidity Provider Incentive Scheme (LPS) and

· Brexit related pricing on Cboe UK Equities (Cboe UK) and Cboe EU Equities (Cboe EU)

Cboe Liquidity Provision Incentive Scheme (LPS)

Cboe will introduce a new Liquidity Provider Incentive Scheme (LPS) relating to added executions on the CXE Lit Order Book, effective Monday 1st April 2019. The LPS will apply to the securities trading on the Exchange/s operated by Cboe on the 1st April 2019.

Eligibility
All participants will be automatically enrolled into the LPS monitoring.

Obligation
LPS applies only to those securities that participants are active in. Participants must achieve a minimum average 0.5% passive market share of the total passive value traded on the CXE lit order book in those securities over a month in order to be eligible.

Incentives
Participants that achieve the minimum LPS obligations will qualify for a rebate based upon the total notional value of added executions in their active securities. The total notional value of those added executions will be included in the CXE Lit add rebate tiered pricing.

Participants that fail to meet the minimum LPS obligations will not be eligible to receive a rebate on the total notional value of added executions in their active securities.

Implementation
In the event of Cboe not launching its new EU-regulated venue on the 1st April 2019 the scope of pricing change is limited to the above LPS and will operate in conjunction with the updated Trading Price List available here

In the event of Cboe launching its new EU-regulated venue the scope of pricing changes will be as detailed below.

Brexit related pricing changes

Subject to regulatory approval and in the event of Cboe launching its new EU-regulated venue on the 1st April 2019 the following changes will be implemented by venue:

Venue: Cboe UK

Trading Pricing

· CXE Lit Order Book tiering thresholds adjusted to reflect the trading of UK and Swiss listed symbols only in £

· LPS will operate as detailed above but in conjunction with the revised Cboe UK CXE Lit Order Book tiered pricing

· Cboe UK Trading Price List

Connectivity Pricing

· Physical Connectivity

o No changes to Physical Connectivity. Physical Connectivity will be split out onto its own Price List following the launch of Cboe EU and can be found here

· Logical Connectivity

o Introduction of a discount model on GRP/SPIN port sets.

o Cboe UK Logical Connectivity Price List

o Please note, to assist firms in their rationalisation of free transition ports, the first billing count for all port types will be taken at the end of the first month following the launch of Cboe EU

BXTR Pricing

· Exchange Trade Reports (ETRs)

o Multiparty ETR pricing matrix adjusted to reflect the trading on UK and Swiss listed symbols only

· SI Quoting

o Introduction of an in jurisdiction fee for Participants only quoting in UK and Swiss listed symbols only

· Cboe UK BXTR Price List

Market Data Pricing

· No changes

Venue: Cboe EU

Trading Pricing

· CXE Lit Order Book tiering thresholds adjusted to reflect the trading of EEA listed symbols only

· LPS will operate as detailed above but in conjunction with the revised Cboe EU CXE Lit Order Book tiered pricing

· Cboe EU Trading Price List

Connectivity Pricing

· Physical Connectivity

o All Physical Connectivity will continue to be billed out of Cboe UK

· Logical Connectivity

o Introduction of a discount model on GRP/SPIN port sets

o Cboe EU Logical Connectivity Price List

o Please note, to assist firms in their rationalisation of free transition ports, the first billing count for all port types will be taken at the end of the first month following the launch of Cboe EU

BXTR Pricing

· Exchange Trade Reports (ETRs)

o Multiparty ETR pricing matrix adjusted to reflect the trading on EEA listed symbols only

· SI Quoting

o Introduction of an in jurisdiction fee for Participants only quoting in EEA listed symbols only

· Cboe EU BXTR Price List

Market Data Pricing

· All Market Data will continued to be billed out of Cboe UK

Documents

· All Price Lists can be found here

All current and historical Cboe Europe notices, including symbol universe updates, are available online at http://markets.cboe.com/europe/equities/notices/schedule_update/.

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk
Cboe Europe Equities
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E. [email protected] | cboe.com >