Top 5 venue reporting regarding MIFID II;professional clients;financial year 2022;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; 
XAMS  Amsterdam (ENA);76,54%;67,92%;100,00%;0,00%;100,00%;
XLON  London (EUL);8,90%;7,55%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);7,25%;4,40%;100,00%;0,00%;0,00%;
XNYS  New York (NYSE) (NAY);5,25%;10,06%;100,00%;0,00%;100,00%;
PURE  Toronto Pure (NCP);1,22%;0,63%;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);43,83%;33,23%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);22,16%;24,32%;100,00%;0,00%;100,00%;
XLON  London (EUL);19,40%;30,83%;100,00%;0,00%;100,00%;
XVTX  Zurich - Swiss Blue (ESZ);5,33%;2,46%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);4,27%;4,13%;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);65,84%;52,38%;100,00%;0,00%;22,47%;
MTAA  Mailand (EIM);12,96%;24,13%;100,00%;0,00%;100,00%;
XWBO  Wien (EAV);7,91%;4,18%;100,00%;0,00%;26,76%;
XNYS  New York (NYSE) (NAY);5,22%;6,36%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);3,62%;4,18%;100,00%;0,00%;98,59%;
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);26,85%;12,52%;100,00%;0,00%;27,17%;
XNYS  New York (NYSE) (NAY);26,16%;33,10%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);16,64%;11,55%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);7,54%;10,48%;100,00%;0,00%;46,97%;
XCSE  Kopenhagen (SDC);6,92%;12,22%;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);58,55%;42,86%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);20,86%;28,57%;100,00%;0,00%;100,00%;
XLON  London (EUL);20,33%;14,29%;100,00%;0,00%;100,00%;
PINX  New York-PinkSh.-OTC (NUP);0,26%;14,29%;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; 
XNYS  New York (NYSE) (NAY);100,00%;100,00%;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; 
XETR  XETRA (EDE);75,11%;69,23%;100,00%;0,00%;0,00%;
XSTO  Stockholm (SSS);21,51%;23,08%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);3,17%;3,85%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);0,21%;3,85%;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;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);73,64%;41,62%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);13,37%;31,57%;100,00%;0,00%;39,27%;
XLON  London (EUL);12,02%;24,74%;100,00%;0,00%;100,00%;
XSWX  Zürich (ESE);0,49%;1,15%;100,00%;0,00%;100,00%;
XOSL  Oslo (SNO);0,22%;0,40%;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);85,07%;99,31%;100,00%;0,00%;100,00%;
XVTX  Zurich - Swiss Blue (ESZ);14,93%;0,69%;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; 
XMAD  Madrid (EEM);56,88%;34,88%;100,00%;0,00%;33,33%;
XSWX  Zürich (ESE);40,84%;18,60%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);1,83%;23,26%;100,00%;0,00%;0,00%;
XASX  Sydney (AAS);0,45%;20,93%;100,00%;0,00%;0,00%;
XFRA  Frankfurt (EDF);0,00%;2,33%;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);96,95%;71,02%;100,00%;0,00%;99,74%;
XFRA  Frankfurt (EDF);2,92%;28,61%;100,00%;0,00%;60,91%;
XSTU  Stuttgart (EDS);0,13%;0,28%;100,00%;0,00%;66,67%;
XBER  Berlin-Bremen (EDB);0,01%;0,09%;100,00%;0,00%;0,00%;
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);91,23%;71,05%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);7,94%;26,32%;100,00%;0,00%;40,00%;
XSTU  Stuttgart (EDS);0,84%;2,63%;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;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);89,45%;60,07%;100,00%;0,00%;99,69%;
XFRA  Frankfurt (EDF);8,06%;23,32%;100,00%;0,00%;18,40%;
XSTU  Stuttgart (EDS);2,49%;16,60%;100,00%;0,00%;97,75%;
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);89,53%;57,98%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);9,55%;38,66%;100,00%;0,00%;41,30%;
XSTU  Stuttgart (EDS);0,92%;3,36%;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);85,58%;71,61%;100,00%;0,00%;98,57%;
XFRA  Frankfurt (EDF);14,41%;27,62%;100,00%;0,00%;58,33%;
XNYS  New York (NYSE) (NAY);0,00%;0,51%;100,00%;0,00%;50,00%;
XSWX  Zürich (ESE);0,00%;0,26%;100,00%;0,00%;0,00%;
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);99,71%;98,86%;100,00%;0,00%;90,80%;
XFRA  Frankfurt (EDF);0,29%;1,14%;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; 
XSTU  Stuttgart (EDS);70,54%;75,00%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);29,46%;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);89,48%;95,65%;100,00%;0,00%;0,00%;
BRFQ  BlOCKMATCH MTF RFQ (BRFQ);10,52%;4,35%;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%;92,50%;
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; 
XHAM  Hamburg (EDH);100,00%;100,00%;100,00%;0,00%;100,00%;