Fee Schedule

BATS Chi-X Europe: Trading Price List change, effective 1st January 2016

November 27, 2015 16:04:29

Dear BATS Chi-X Europe Participants

This Notice is to inform customers of the amendments to the Trading Price List, effective from Friday 1st January 2016.

Key points to note:

• The CXE lit order book remove tiered notional value traded bands will increase by €1bn a month. The first band will therefore start at €9bn instead of €8bn. The rates and methodology for calculating the notional value contributions to the tiered pricing remain unchanged

• The BXE lit order book remove rate will change from 0.15bps to 0.16bps for both displayed and non-displayed orders

• The BXE dark order book pricing will be aligned with CXE to differentiate non-IOC and IOC orders. Non-IOC orders will continue to be charged at 0.15bps, while IOC orders will be charged at 0.30bps

• ETFs traded on the CXE lit order book will continue to operate on an independent tariff with an add rebate of 0.24bps and a remove charge of 0.29bps. All notional value traded in ETFs will continue to be considered when calculating the starting point for the CXE lit order book tiers

The revised Trading Price List is available on the BATS Chi-X Europe Support page and for download at the links below:

Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf

Please contact your Account Manager if you have any questions at [email protected]. All current and historical BATS Chi-X Europe notices, including symbol universe updates, are available online at www.batstrading.co.uk/alerts.

Thank you for your continued support.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe connectivity pricing change notice, effective 1st January, 2016

October 30, 2015 12:04:46

Dear BATS Chi-X Europe customers

BATS Chi-X Europe would like to inform customers that there will be some amendments to the monthly fees applied for Connectivity services from 1st January 2016.

Please note, the structure of the Connectivity services remain unchanged.

The revised 2016 BATS Price list is available on the BATS Chi-X Europe Support page and for download at the link below:

Connectivity price list: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_ConnPricing_Effective.pdf

Please contact your Account Manager if you have any questions.

All current and historical BATS Chi-X Europe notices, including symbol universe updates, are available online at www.batstrading.co.uk/alerts.

Thank-you for your continued support.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe market data pricing change notice, effective 1st January, 2016

October 30, 2015 12:04:45

Dear BATS Chi-X Europe customers

BATS Chi-X Europe would like to inform customers there will be some amendments to the Market Data Policy and Price List from 1st January 2016.

Market Data Policy amendments:

* Delayed Data Distribution Licence - An annual licence fee for Delayed Data Distribution has been introduced. This will not impact existing clients who have a Real-Time licence.

* Non Display Licence - The scope of the licence has been expanded. This will not impact existing clients who have a Non Display licence.

* White Label Licence - A new Licence has been added to cater for a specific client type, who Distribute BATS Data.

* Financial Products Licence - New products are available under the licence.

The revised 2016 documentation is available on the BATS Chi-X Europe Support page and for download at the links below:

Market Data Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_MDPricing_Effective.pdf
Market Data Policy: http://cdn.batstrading.com/resources/participant_resources/BATS-Chi-X-Europe-Market-Data-Policy.pdf

Please contact the Market Data Team if you have any questions at [email protected].

All current and historical BATS Chi-X Europe notices, including symbol universe updates, are available online at www.batstrading.co.uk/alerts.

Thank-you for your continued support.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Trading price list change - effective 1st March 2015

February 20, 2015 14:27:34

Dear BATS Chi-X Europe customers

Effective 1st March, BATS will be changing the remove fee for aggressing against non-displayed resting liquidity in the CXE lit order book. At present the remove charge for aggressing against non-displayed orders is 0.30 bps.
This change will be advantageous for customers since these executions will now be charged at the participants' tiered remove rate in the CXE lit order book.

The revised BATS Chi-X Europe trading price list is attached and available to download at http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf.

If you have any questions, please contact your Account Manager for further information. All current and historical notices are available online at www.batstrading.co.uk/alerts.

Thank you for your continued support.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

UPDATE: BATS Chi-X Europe to introduce auctions - Regulatory Approval / Further Guidance - effective Friday 30th January, 2015

January 19, 2015 16:51:45

Dear BATS Chi-X Europe Participants

Regulatory Approval
We are pleased to announce that we have received regulatory approval to launch opening and closing auctions for BATS Regulated Market listed ETF/ETP (REGM segment) securities, effective Friday 30th January 2015.

Pricing
The charge for any executions occurring during the auctions will be 0.05 bps of the notional value. Any notional value traded during the auctions will be counted towards the CXE Lit Order Book tiered pricing. The revised 2015 BATS Chi-X Europe Trading Price List is attached and available to download at: Trading Price List.

Competitive Liquidity Provider Program
The Competitive Liquidity Provider Program (CLP) description has been updated and can be downloaded at: CLP Program Definition

Guidance Note Updates

* Participants should note, auction Summary messages will not be generated if the auction does not execute any orders

* Details on the Auction Match Algorithm
For further information, the Guidance Note can be downloaded at: Auctions Guidance Note

If you have any questions, please contact your Account Manager for further information. All current and historical notices are available online at www.batstrading.co.uk/alerts

Thank you for your continued support.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.