BestExHub RTS 28 EXAMPLE SCHEMA

Transcription

1 BestExHub RTS 28 EXAMPLE SCHEMA

2 RTS 28 FILE NAMES, DESCRIPTIONS File name Equities Table 1 Equities Table 2 Debt Bonds Table 2 Equities Summary Analysis Debt Bonds Summary Analysis Description Data published per RTS 28 Annex I Table 1 (Retail client flow) equities Data published per RTS 28 Annex I Table 2 (Professional client flow) equities Data published per RTS 28 Annex I Table 2 (Professional client flow) Debt Bonds Summary of Analysis and Conclusions for Equities per RTS 28 3(a)-(h) Summary of Analysis and Conclusions Bonds per RTS 28 3(a)-(h) 2

3 RTS 28 FILE FORMAT AND CONTENT (TABLES 1 AND 2) Files are comma delimited per example below: Row Content 1 class_of_instrument,equities 2 less_one_average_trade_per_business_day,n 3 top_five_execution_venue_name,venue_identifier, pct_volume_traded,pct_orders_executed,pct_passive_orders,pct_ aggressive_orders,pct_of_directed_orders 4 LONDON STOCK EXCHANGE,XLON,1.5,2,14.5,80.1, CBOE EUROPE - REGULATED MARKET INTEGRATED BOOK,BART,1.3,5,35.8,45.2, TOWER RESEARCH CAPITAL EUROPE LTD,TRSI,1.1,6.5,8.4,91.4,0 7 CITIGROUP GLOBAL MARKETS LIMITED - EMEA TRADING, CGMT,0.8,6.4,29.4,45.1,0.5 8 CBOE EUROPE - REGULATED MARKET DARK BOOK,BARK,0.75,7.1,15.4,12.2,78.7 Row 1 provides details of Class of Financial instrument Row 2 indicates notification if less than 1 trade per business day Row 3 column descriptions for top five venue data in rows 4-8. Rows 4-8, top five venue details. Columns per row 3. 3

4 RTS 28 FILE FORMAT AND CONTENT (SUMMARY OF ANALYSIS AND CONCLUSIONS ) Files are comma delimited per example below: Row 3: description of any close links, conflicts of interests, and common ownerships with respect to any execution venues used to execute orders; Row 5: explanation of the factors that led to a change in the list of execution venues listed in our execution policy, if such a change occurred. Row 7: explanation of whether other criteria were given precedence over immediate price and cost when executing retail client orders and how these other criteria were instrumental in delivering the best possible result in terms of the total consideration to the client Row 9: where applicable, an explanation of how we have used output of a consolidated tape provider established under Article 65 of MiFID II. Row Content 1 class_of_instrument,equities 2 relative_importance, Lorem ipsum dolor sit amet, consectetur adipiscing elit 3 close_links, Lorem ipsum dolor sit amet, 4 payments_received, Lorem ipsum dolor sit amet, 5 explanation_of_change, Lorem ipsu nullam bibendum ligula eu turpis semper, e imperdiet 6 client_catergorisation, Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam 7 other criteria, Lorem ipsum dolor sit amet, 8 use_of_data_rts27, Lorem ipsum dolor sit amet, 9 use_of_ctp, Lorem ipsum dolor sit amet, Row 1: details of Class of Financial instrument Row 2: indicates explanation of the relative importance given to the execution factors of price, costs, speed, likelihood of execution or any other consideration including qualitative factors when assessing the quality of execution; Row 4: description of any specific arrangements with any execution venues regarding payments made or received, discounts, rebates or nonmonetary benefits received; Row 6: explanation of how order execution differs according to client categorisation, where categories of clients are treated differently and where it may affect the order execution arrangements. Row 8: explanation of how we have used any data or tools relating to the quality of execution, including any data published under Delegated Regulation (EU) 2017/575; (aka RTS 27: Data published by Execution venues) 4

5 RTS 28 DATA NOTES 2017 Equities data relates to equities instruments across all tick sizes. N/A indicates data was Not Available. Data Reports only provided for Classes of Financial Instruments where Client (Professional, Retail or Securities Financing Transactions) Orders executed. Percentage of passive and aggressive orders executed on the venue, based on tag 851 from execution venue. 5