Fee Structure

Equiduct Trading´s fee structure is based on a "maker/taker" structure.

HybridBook

Orders placed in the HybridBook match with one another or meet with firm, executable, two-sided prices quoted by market makers.

An aggressive execution, where an incoming order hits an order that has been placed on the HybridBook resulting in an execution, will be charged 0.30bps.

A passive execution, when an order is placed on the HybridBook and a trade executes as a result of being hit by an incoming order, will be rebated at 0.15bps.

PartnerEx

PartnerEx is the premium product of Equiduct Trading. PartnerEx Agreements between Market Maker and Order Flow Provider guarantee best price based on OrangeVBBO for each individual order.

The charge for these services, which are unique on the European market, will be 0.70bps with a minimum fee of EUR 0.50 and a ceiling of EUR 15.00.

OrangeVBBO

Our consolidated real time data feed is free of charge for two price points from Bloomberg (stock symbol with suffix "BQ") and Thomson Reuters (stock symbol with suffix ".EDv") or on this webpage (Real Time Data).

For more market depth with our OrangeVBBO Full Depth of Market Visualization Tool, please contact sales@equiduct.com.

See OrangeVBBO in real time >>

Market Data and Membership Costs

Market Data is available with no connection charges or operating fees.

Direct access to Real Time Level I and II data is EUR 30 per month. Delayed Level I and II data is available free of charge.

Market participants will pay a one-off regulated market membership fee of EUR 6,000.