Connectivity Incentives for Market Makers (in the MMS)
Market Makers can be eligible to higher-capacity CCG sessions/SLE (until 800 messages/second) and benefit from a 50% reduction on CCG session fees.
The program is:
- Available for Market Makers who upgrade a current CCG session used solely for liquidity provision on ETFs, ETVs, ETNs to the next capacity level.
- Available for Market makers who order a new CCG session to be used solely for liquidity provision on ETFs, ETVs and ETNs instruments.
- Limited to a maximum of 3 CCG sessions.
Regular CCG session fee policy
| CCG SESSIONS PRICING – MONTHLY CHARGES PER MEMBER CODE IN PRODUCTION ENVIRONMENT | |
|---|---|
| Regulated market | |
| Flat fee: | €1,025 per CCG session |
| Order entry capacity charge: | €10.25/message/second |
| Drop Copy session | €1,000 per Drop Copy session |
CCG session fee policy (within the SLE ETF program)
| Euronext CCG Session - Monthly fees | ||
|---|---|---|
| Msg/sec | Regular fee | Fee with the LP Program |
| 10 | Free - Available on TCS platform only | |
| 25 | Free – limited to 2 SLE | |
| 50 | 1 538 € | 769 € |
| 100 | 2 050 € | 1 025 € |
| 200 | 3 075 € | 1 538 € |
| 500 | 6 150 € (not available for non LP) | 3 075 € |
| 600 | 7 175 € (not available for non LP) | 3 588 € |
| 700 | 8 200 € (not available for non LP) | 4 100 € |
| 800 | 9 225 € (not available for non LP) | 4 613 € |
Info-Flash: CCG Sessions – ETF Trading