Costs

The RSD reporting software is distributed to all associated participants free of charge.

Fees

SIX Swiss Exchange levies a fee on all on and off order book transactions in securities which are reported to it, and which are admitted for trading on the SIX Swiss Exchange and subject to the reporting requirement under the Federal Act on Stock Exchanges and Securities Trading. The fee is calculated on the basis of the turnovers achieved (turnover fee); the minimum total fee for each calendar year is CHF 500. The turnover fee includes a securities turnover surcharge as stipulated in the Ordinance of the Federal Banking Commission on Stock Exchanges and Securities Trading.

The turnover fee for transactions between customers and other securities dealers is 5 centimes for each CHF 1'000 or part thereof in turnover. A turnover fee for nostro transactions (to be calculated separately) is levied on transactions in own holdings. The amount of this fee is dependent on turnover and on the market segment in which the trade is concluded. It is reduced in proportion to the share of customer-generated turnover in the respective participant's overall monthly turnover. Details are laid down in the General Conditions for Associated Participants.

The SIX Swiss Exchange levies a fee on issuing activities in securities admitted to trading on the SIX Swiss Exchange. The fee is based on the nominal value of the issue. The fee amounts to 10 centimes per CHF 1'000 nominal value.

Details of the duty to pay contributions are laid down in the General Conditions for Associated Participants.