Top 5 venue reporting regarding MIFID II;professional clients;financial year 2024;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; 
XSWX  Zürich (ESE);40,95%;22,86%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);26,11%;37,14%;100,00%;0,00%;100,00%;
XTSX  Toronto TSX (NCC);18,50%;14,29%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);14,43%;22,86%;100,00%;0,00%;87,50%;
XETR  XETRA (EDE);0,01%;2,86%;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; 
XSWX  Zürich (ESE);40,10%;29,45%;100,00%;0,00%;100,00%;
XLON  London (EUL);32,75%;28,92%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);14,02%;23,03%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);11,90%;17,04%;100,00%;0,00%;100,00%;
XVTX  Zurich - Swiss Blue (ESZ);0,52%;0,49%;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);32,78%;13,47%;100,00%;0,00%;23,38%;
XNYS  New York (NYSE) (NAY);25,02%;20,78%;100,00%;0,00%;100,00%;
XLON  London (EUL);9,61%;7,49%;100,00%;0,00%;100,00%;
XSTO  Stockholm (SSS);7,04%;18,09%;100,00%;0,00%;100,00%;
XWBO  Wien (EAV);6,44%;9,97%;100,00%;0,00%;7,02%;
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; 
XNYS  New York (NYSE) (NAY);26,37%;40,73%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);24,75%;7,43%;100,00%;0,00%;18,77%;
XNGS  New York - NASDAQ (NAD);18,04%;13,61%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);9,05%;10,13%;100,00%;0,00%;43,33%;
XLON  London (EUL);4,21%;5,98%;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; 
XNYS  New York (NYSE) (NAY);84,65%;80,77%;100,00%;0,00%;100,00%;
XLON  London (EUL);12,73%;3,85%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);1,54%;3,85%;100,00%;0,00%;100,00%;
XASX  Sydney (AAS);0,99%;7,69%;100,00%;0,00%;100,00%;
PINX  New York-PinkSh.-OTC (NUP);0,09%;3,85%;100,00%;0,00%;100,00%;
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; 
XETR  XETRA (EDE);80,75%;78,46%;100,00%;0,00%;0,00%;
XNYS  New York (NYSE) (NAY);19,23%;20,00%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);0,02%;1,54%;100,00%;0,00%;0,00%;
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;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; 
BRFQ  BlOCKMATCH MTF RFQ (BRFQ);81,35%;38,93%;100,00%;0,00%;100,00%;
XLON  London (EUL);8,86%;23,06%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);8,83%;35,66%;100,00%;0,00%;61,90%;
XAMS  Amsterdam (ENA);0,35%;1,70%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);0,35%;0,13%;100,00%;0,00%;50,00%;
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);100,00%;100,00%;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);80,88%;7,14%;100,00%;0,00%;100,00%;
XMAD  Madrid-Soc.d.Bolsas (EES);13,29%;7,14%;100,00%;0,00%;100,00%;
XMAD  Madrid (EEM);3,98%;71,43%;100,00%;0,00%;60,00%;
XLON  London (EUL);1,81%;7,14%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);0,03%;7,14%;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;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; 
XOFF  Bloomberg (BLOM);96,04%;63,79%;100,00%;0,00%;99,81%;
XFRA  Frankfurt (EDF);3,69%;30,46%;100,00%;0,00%;67,72%;
XSTU  Stuttgart (EDS);0,26%;5,76%;100,00%;0,00%;97,92%;
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);96,11%;74,55%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);3,89%;25,45%;100,00%;0,00%;92,86%;
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);90,29%;85,71%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);9,71%;14,29%;100,00%;0,00%;0,00%;
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);96,82%;71,20%;100,00%;0,00%;100,00%;
XSTU  Stuttgart (EDS);1,92%;19,42%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);1,26%;9,39%;100,00%;0,00%;44,83%;
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);96,86%;42,86%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);2,18%;42,86%;100,00%;0,00%;83,33%;
XSTU  Stuttgart (EDS);0,96%;14,29%;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;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; 
XSTU  Stuttgart (EDS);97,01%;93,13%;100,00%;0,00%;97,99%;
XFRA  Frankfurt (EDF);2,98%;5,63%;100,00%;0,00%;66,67%;
PURE  Toronto Pure (NCP);0,00%;0,63%;100,00%;0,00%;0,00%;
XNYS  New York (NYSE) (NAY);0,00%;0,63%;100,00%;0,00%;100,00%;
Class of Instrument;BE22 (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; 
XSTU  Stuttgart (EDS);100,00%;100,00%;100,00%;0,00%;50,00%;
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; 
XSTU  Stuttgart (EDS);69,07%;75,00%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);30,93%;25,00%;100,00%;0,00%;0,00%;
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);79,64%;82,73%;100,00%;0,00%;76,52%;
XLON  London (EUL);20,36%;17,27%;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; 
XHKG  Hongkong (FHH);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%;