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Italian Stocks: MTA-SEDEX-MTF-TAH-GEM-EuroTLX Certificates

COMMISSION
Alternative commission profiles are: Proportional, Degressive and Flat.
Switch between Flat or Degressive profile has immediate effect.

Easy
MTA, ETF, GEM, Traded Funds
SEDEX,
EuroTLX CERT-X (Montetitoli)

EuroTLX CERT-X (Clearstream)
5 euro* per execution
6 euro* per execution
7 euro per execution
Note: - Commission is doubled for orders with trade value above €€ 500,000;
- If an order is partially executed, the commission is reduced proportionally to the executed trade value, with 1.5 euro mimum, or 2 euros for SEDEX and EuroTLX Certificates
Easy Commission contracts are not included in the calculation of the degressive commission.

Dynamic
for each day
MTA, ETF, GEM, Traded Funds
SEDEX,
EuroTLX CERT-X (Montetitoli)

first executed order of the day
€ 8€
€ 9
second executed order of the day
€ 7€
€ 8€
from the third to the fifth
€ 6-5-4 €
€ 7-6-5€
from the 6th to the 25th
€ 3€
€ 4
from the 26th to the 50th
€ 2€
€ 3€
from the 51st on
€ 1.5€
€ 2.5€
Note: Commission is doubled for orders with trade value above €€ 500,000
N.B. Dynamic commissions are the result of the combined number of trades executed even on different markets EUREX - CME - LIFFE - IDEM - MTA - SEDEX...
Please Note: Easy commission executions are not included in the calculation of the degressive commission.

Floating
0.19% *
MTA, ETF, traded funds: minimum 1.5 euros
SEDEX: minimum 2 euros
GEM (ex MTA International): minimum 5 euros
maximum € 18 for orders up to €€ 500,000
* 0.0035 % on trade value exceeding €€ 500,000