Trading Parameters
Corridors for Volatility Interruptions
Volatility Corridors | Shares and Funds | Bonds |
dynamic | 3 % | 2 % |
static | 10 % | 4 % |
extended | 6 % | 4 % |
OTR - sent orders (quotes) / traded orders (quotes)
OTR = sent orders / traded orders and this parameter will be counted in two variants – number of orders and number of pieces – calculated per member, ISIN and trading day
If this % ratio is over the limit set by the trading venue, this member should pay the fee according to the fee schedule.
Type of Issue | Orders (numbers) |
Orders (volume) |
Quotes (numbers) |
Quote (volume) |
Shares and Units | 10 000 | 50 000 | 100 000 | 1 000 000 |
Bonds | 100 | 1 000 | 10 000 | 1 500 000 |
Structured Products | 100 | 1 000 | 100 000 | 1 000 000 |
ICEBERG Orders
Price on the Decisive Day | Minimum Size (pcs) |
Peak (pcs) |
< 5000 Kč | 1000 | 100 |
> 5000 Kč | 250 | 25 |
Note: The peak size of an iceberg order has always to be at least 5% of the order size. Minimum trade value must be 10 000 EUR..
Tick Size for Shares, Shares of Investment Funds, Unites of Investment Funds and Subscription Rights
valid from 2 Jan. 2018
List of the Equities in the Liquidity Bands valid from 1 April, 2024
Tick Size: Structured Products
Price | Tick Size |
< 10 | 0,01 Kč |
10 - 200 | 0,05 Kč |
200 - 1000 | 0,10 Kč |
> 1000 | 1,00 Kč |
Tick Size: Bonds
Price | Tick Size |
< 200 | 0,01 Kč |
> 200 | 1,00 Kč |