Top 5 venue reporting regarding MIFID II;professional clients;financial year 2020;Marcard, Stein & CO AG;
Class of Instrument;AA99 (Equity instruments- Shares and share certificates);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XETR  XETRA (EDE);99,98%;97,06%;100,00%;0,00%;2,02%;
XNYS  New York (NYSE) (NAY);0,01%;0,98%;100,00%;0,00%;100,00%;
PURE  Toronto Pure (NCP);0,00%;1,96%;100,00%;0,00%;100,00%;
Class of Instrument;AA99 (Equity instruments- Shares and share certificates);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XNYS  New York (NYSE) (NAY);63,87%;66,21%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);24,02%;22,28%;100,00%;0,00%;100,00%;
XTKS  Tokio (FJT);5,99%;1,60%;100,00%;0,00%;97,50%;
XSWX  Zürich (ESE);2,57%;2,28%;100,00%;0,00%;100,00%;
PURE  Toronto Pure (NCP);1,15%;2,32%;100,00%;0,00%;100,00%;
Class of Instrument;AA99 (Equity instruments- Shares and share certificates);Tick Size CD (liquidity band C and liquidity band D);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XETR  XETRA (EDE);29,01%;32,06%;100,00%;0,00%;24,47%;
XSWX  Zürich (ESE);28,34%;20,84%;100,00%;0,00%;100,00%;
XCSE  Kopenhagen (SDC);14,98%;19,52%;100,00%;0,00%;100,00%;
XDUB  Dublin (EYD);10,93%;15,38%;100,00%;0,00%;33,27%;
XLON  London (EUL);6,46%;6,55%;100,00%;0,00%;100,00%;
Class of Instrument;AA99 (Equity instruments- Shares and share certificates);Tick Size EF (liquidity band E and liquidity band F);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XETR  XETRA (EDE);21,22%;12,15%;100,00%;0,00%;14,71%;
XNYS  New York (NYSE) (NAY);20,36%;24,10%;100,00%;0,00%;99,95%;
XNGS  New York - NASDAQ (NAD);16,04%;13,84%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);9,68%;11,62%;100,00%;0,00%;44,16%;
XSWX  Zürich (ESE);6,12%;3,91%;100,00%;0,00%;100,00%;
Class of Instrument;AB99 (Equity instruments- Shares and share certificates);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XLON  London (EUL);38,20%;0,55%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);32,71%;79,89%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);21,30%;15,70%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);4,80%;2,48%;100,00%;0,00%;22,22%;
XETR  XETRA (EDE);2,98%;1,38%;100,00%;0,00%;0,00%;
Class of Instrument;AB99 (Equity instruments- Shares and share certificates);Tick Size CD (liquidity band C and liquidity band D);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XLON  London (EUL);53,57%;60,29%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);19,73%;27,94%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);18,61%;5,88%;100,00%;0,00%;0,00%;
XNGS  New York - NASDAQ (NAD);8,09%;5,88%;100,00%;0,00%;100,00%;
Class of Instrument;AB99 (Equity instruments- Shares and share certificates);Tick Size EF (liquidity band E and liquidity band F);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XLON  London (EUL);58,10%;33,33%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);41,90%;66,67%;100,00%;0,00%;100,00%;
Class of Instrument;AC99 (Exchange traded products (ETPs)Exc);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
BRFQ  BlOCKMATCH MTF RFQ (BRFQ);48,33%;16,51%;100,00%;0,00%;98,84%;
XETR  XETRA (EDE);34,99%;60,21%;100,00%;0,00%;23,93%;
XLON  London (EUL);15,16%;21,95%;100,00%;0,00%;99,57%;
XSWX  Zürich (ESE);0,91%;0,76%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);0,34%;0,10%;100,00%;0,00%;100,00%;
Class of Instrument;AD99 (other instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XSWX  Zürich (ESE);94,20%;90,00%;100,00%;0,00%;100,00%;
XVTX  Zurich - Swiss Blue (ESZ);5,80%;10,00%;100,00%;0,00%;100,00%;
Class of Instrument;AE99 (other instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XSWX  Zürich (ESE);61,54%;13,56%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);33,13%;6,78%;100,00%;0,00%;0,00%;
XETR  XETRA (EDE);3,50%;22,03%;100,00%;0,00%;0,00%;
XLON  London (EUL);0,79%;5,08%;100,00%;0,00%;0,00%;
XNYS  New York (NYSE) (NAY);0,36%;3,39%;100,00%;0,00%;0,00%;
Class of Instrument;BA10 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);99,26%;91,03%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);0,49%;5,56%;100,00%;0,00%;69,23%;
XSTU  Stuttgart (EDS);0,25%;3,42%;100,00%;0,00%;100,00%;
Class of Instrument;BA11 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);100,00%;100,00%;100,00%;0,00%;100,00%;
Class of Instrument;BA13 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);100,00%;100,00%;100,00%;0,00%;100,00%;
Class of Instrument;BA14 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);83,37%;53,98%;100,00%;0,00%;100,00%;
XSTU  Stuttgart (EDS);9,17%;26,02%;100,00%;0,00%;96,30%;
XFRA  Frankfurt (EDF);7,46%;20,00%;100,00%;0,00%;16,87%;
Class of Instrument;BA15 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);92,92%;66,67%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);5,36%;22,22%;100,00%;0,00%;12,50%;
XSTU  Stuttgart (EDS);1,72%;11,11%;100,00%;0,00%;100,00%;
Class of Instrument;BE21 (securitized derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XSTU  Stuttgart (EDS);93,60%;91,53%;100,00%;0,00%;92,53%;
XFRA  Frankfurt (EDF);6,40%;8,47%;100,00%;0,00%;23,08%;
Class of Instrument;BE24 (securitized derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XFRA  Frankfurt (EDF);100,00%;100,00%;100,00%;0,00%;0,00%;
Class of Instrument;BE99 (securitized derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XFRA  Frankfurt (EDF);97,22%;66,67%;100,00%;0,00%;0,00%;
XSTU  Stuttgart (EDS);2,78%;33,33%;100,00%;0,00%;100,00%;
Class of Instrument;BF99 (Exchange traded products (ETPs));Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XETR  XETRA (EDE);99,84%;98,99%;100,00%;0,00%;36,73%;
XSTU  Stuttgart (EDS);0,16%;1,01%;100,00%;0,00%;100,00%;
Class of Instrument;C999 (no specific classification);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XASX  Sydney (AAS);100,00%;100,00%;100,00%;0,00%;100,00%;
Class of Instrument;CA99 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XOFF  Bloomberg (BLOM);100,00%;100,00%;100,00%;0,00%;100,00%;
Class of Instrument;CB99 (Other instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders; 
XFRA  Frankfurt (EDF);100,00%;100,00%;100,00%;0,00%;100,00%;