UBS MTF issued a Fee Schedule consultation on 9 January 2017 and following Members' feedback, would like to inform you of changes it is making to the fee structure.
The changes below will be effective from 1 May 2017 and are published on the MTF website under https://www.ubs.com/global/en/investment-bank/multilateral-trading-facility/legal-and-tariffs.html.
Fee Schedule Overview
|
Pegged Order |
0.1bps of value executed |
|
Annual Connectivity Fee including up to and including five trading sessions |
|
|
Drop Copy |
£100 a month per active session |
|
Number of sessions |
Monthly costs per session |
|
5 and under |
£0 |
|
6 to 20 |
£50 |
|
21 or more |
By agreement only |
With the introduction of fees per trading sessions, UBS MTF also plans to introduce hard limits on the number of message that Members can send per session. This will be announced later in the year.
UBS MTF Notices and documentation are available at https://www.ubs.com/mtf.
