UBS MTF would like to remind Members of its upcoming functionality changes as announced previously in its Market Notice of 18th November 2016.
From 16th January 2017, UBS MTF will support the Large in Scale Waiver (LIS) in addition to its current Reference Price Waiver (RPW) for executions in the three Order Books. Members will also be able to use a new execution instruction to allow one single order to seek liquidity in the three order books, known as Order Book Sweep.
Details of these new functionalities are published on the UBS MTF web site in the UBS MTF Rules of Engagement and revised Rulebook.
As announced in our previous notice, these functionalities are available in the UBS MTF Test environment and Members can contact the UBS MTF Deployment & Testing team to arrange testing.
UBS MTF Notices and documentation are available at http://ubs.com/mtf.
