Schedule Update

BATS Europe Tick Size update for Friday 1st April, 2011

March 24, 2011 09:29:04

Dear BATS Europe Participants,

Effective Friday 1st April 2011, in conjunction with other European
market centres, BATS Europe will amend the tick band to Table 2b for all
Nasdaq OMX symbols currently using Table 2. The current and future tick
tables are as follows:


Current Tick Table:

Table 2 Nasdaq OMX (Copenhagen, Helsinki, Stockholm)
Price Range, Tick Size
, -, -, 0.4999, 0.0001
, 0.5, -, 0.9995, 0.0005
, 1 , -, 4.9990, 0.0010
, 5 , -, 9.9950, 0.0050
, 10 , -, 49.9900, 0.0100
, 50 , -, 99.9500, 0.0500
, 100 , -, 499.9000, 0.1000
, 500 , -, 999.5000, 0.5000
, 1,000 , -, 4,999.0000, 1.0000
, 5,000 , -, 9,995.0000, 5.0000
, 10,000 , -, 49,990.0000, 10.0000
, 50,000+ , -, , 50.0000

Tick Table effective 1st April 2011:

Table 2b Nasdaq OMX (Copenhagen, Helsinki, Stockholm)
Price Range, Tick Size
, -, -, 0.4999, 0.0001
, 0.5, -, 0.9995, 0.0005
, 1, -, 1.9990, 0.0010
, 2, -, 4.9980, 0.0020
, 5, -, 9.9950, 0.0050
, 10, -, 49.9900, 0.0100
, 50, -, 99.9500, 0.0500
, 100, -, 499.9000, 0.1000
, 500, -, 999.5000, 0.5000
, 1,000, -, 4,999.0000, 1.0000
, 5,000, -, 9,995.0000, 5.0000
, 10,000, -, 19,990.0000, 10.0000
, 20,000, -, 39,980.0000, 20.0000
, 40,000, -, 49,960.0000, 40.0000
, 50,000, -, 79,950.0000, 50.0000
, 80,000, -, 99,920.0000, 80.0000
, 100,000+, -, , 100.0000


These changes will be reflected in the Symbol Reference Data File and Tick Reference Data File as of Friday 1st April 2011, however, these changes will be available in advance in the BATS Europe Certification Environment as of Friday 25th March, 2011.

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

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