Fee Codes

The BXTR price list fees for single party ETRs are expressed on a per trade basis, compared to the fees listed in the above table which are all expressed as the fee which applied to a single side of the trade. Single party ETRs fees are therefore half the value in the above table compared to the price list, to allow for the fact the fee will be applied to each side of the trade

The Multiparty ETR products are not charged at a basis point level, but either per trade, or based on symbol/counterparty activity depending on the product. For a full explanation please see the Trade Reporting Services (BXTR) price list below.