Ticks
May we remind intermediaries, that the prices of orders on the ETFplus market may be multiples of the ticks established for each financial instrument and Stock Exchange session in relation to the prices of the orders entered, as follows
European Equity ETFs (tick table TS_06MF - Column A of the table indicated in article IA.7.3.4, paragraph 1 of the Instructions accompanying the Rules)
Prices of the orders |
Tick |
0 ≤ price < 1 |
0,0001 |
1 ≤ price < 2 |
0,0002 |
2 ≤ price < 5 |
0,0005 |
5 ≤ price < 10 |
0,001 |
10 ≤ price < 20 |
0,002 |
20 ≤ price < 50 |
0,005 |
50 ≤ price < 100 |
0,01 |
100 ≤ price < 200 |
0,02 |
200 ≤ price < 500 |
0,05 |
500 ≤ price < 1000 |
0,1 |
1000 ≤ price < 2000 |
0,2 |
2000 ≤ price < 5000 |
0,5 |
5000 ≤ price < 10000 |
1 |
10000 ≤ price < 20000 |
2 |
20000 ≤ price < 50000 |
5 |
50000 ≤ price |
10 |
Other instruments (tick table TS_ETFMF - Column B of the table indicated in article IA.7.3.4, paragraph 1 of the Instructions accompanying the Rules)
Prices of the orders |
Tick |
0 ≤ price < 1 |
0,0001 |
1 ≤ price < 2 |
0,0002 |
2 ≤ price < 5 |
0,0005 |
5 ≤ price < 10 |
0,001 |
10 ≤ price < 20 |
0,002 |
20 ≤ price < 50 |
0,005 |
50 ≤ price |
0,01 |
Borsa Italiana may establish for all the instruments, with the exception of equity ETFs a different tick from that specified above. Please see the following file with all the instruments listed with their tick table: