Top 5 venue reporting regarding MIFID II;retail 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; 
XNYS  New York (NYSE) (NAY);65,15%;59,26%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);22,66%;7,41%;100,00%;0,00%;50,00%;
XNGS  New York - NASDAQ (NAD);9,04%;7,41%;100,00%;0,00%;100,00%;
XLON  London (EUL);2,56%;7,41%;100,00%;0,00%;100,00%;
XASX  Sydney (AAS);0,39%;7,41%;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);41,29%;38,08%;100,00%;0,00%;100,00%;
XLON  London (EUL);24,83%;30,95%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);23,72%;21,99%;100,00%;0,00%;100,00%;
XVTX  Zurich - Swiss Blue (ESZ);6,20%;7,47%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);3,09%;0,70%;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);77,22%;78,13%;100,00%;0,00%;42,57%;
XNYS  New York (NYSE) (NAY);6,95%;2,96%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);3,19%;1,82%;100,00%;0,00%;87,50%;
XWBO  Wien (EAV);3,00%;1,37%;100,00%;0,00%;83,33%;
XSTO  Stockholm (SSS);2,36%;5,01%;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; 
XNYS  New York (NYSE) (NAY);28,86%;31,75%;100,00%;0,00%;100,00%;
XNGS  New York - NASDAQ (NAD);19,32%;11,60%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);18,81%;16,21%;100,00%;0,00%;82,55%;
XCSE  Kopenhagen (SDC);7,25%;6,17%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);7,20%;8,43%;100,00%;0,00%;81,31%;
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; 
XNGS  New York - NASDAQ (NAD);67,00%;12,12%;100,00%;0,00%;100,00%;
XNYS  New York (NYSE) (NAY);27,67%;81,82%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);5,33%;6,06%;100,00%;0,00%;0,00%;
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);65,02%;91,03%;100,00%;0,00%;90,14%;
XNGS  New York - NASDAQ (NAD);19,67%;1,28%;100,00%;0,00%;100,00%;
XPAR  Paris (EFP);8,59%;5,13%;100,00%;0,00%;100,00%;
XSTO  Stockholm (SSS);6,72%;2,56%;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);51,78%;43,98%;100,00%;0,00%;100,00%;
XETR  XETRA (EDE);35,36%;42,25%;100,00%;0,00%;74,17%;
XLON  London (EUL);12,22%;13,08%;100,00%;0,00%;100,00%;
XAMS  Amsterdam (ENA);0,17%;0,10%;100,00%;0,00%;66,67%;
XSWX  Zürich (ESE);0,15%;0,29%;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;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);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; 
XETR  XETRA (EDE);97,06%;90,91%;100,00%;0,00%;0,00%;
XPAR  Paris (EFP);2,94%;9,09%;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);92,14%;67,30%;100,00%;0,00%;99,51%;
XFRA  Frankfurt (EDF);7,63%;32,06%;100,00%;0,00%;48,43%;
XBER  Berlin-Bremen (EDB);0,18%;0,49%;100,00%;0,00%;33,33%;
XSTU  Stuttgart (EDS);0,05%;0,14%;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);81,13%;71,48%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);18,87%;28,52%;100,00%;0,00%;42,86%;
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);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);82,39%;57,11%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);15,62%;33,40%;100,00%;0,00%;33,21%;
XSTU  Stuttgart (EDS);1,99%;9,50%;100,00%;0,00%;99,33%;
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;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);76,88%;63,10%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);22,36%;35,76%;100,00%;0,00%;50,27%;
XSTU  Stuttgart (EDS);0,76%;1,15%;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);71,23%;46,76%;100,00%;0,00%;98,87%;
XFRA  Frankfurt (EDF);28,77%;53,24%;100,00%;0,00%;86,85%;
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;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);100,00%;100,00%;100,00%;0,00%;92,57%;
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; 
DUSA  Düsseldorf (EDD);98,30%;97,92%;100,00%;0,00%;72,34%;
XETR  XETRA (EDE);1,70%;2,08%;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);100,00%;100,00%;100,00%;0,00%;5,26%;
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; 
XSTU  Stuttgart (EDS);64,03%;50,00%;100,00%;0,00%;100,00%;
XFRA  Frankfurt (EDF);35,18%;33,33%;100,00%;0,00%;100,00%;
XHAM  Hamburg (EDH);0,79%;16,67%;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; 
WIAX  Warburg Invest AG (WIAG);100,00%;100,00%;100,00%;0,00%;33,33%;