Mariana UFP LLP OTF – Rate Card
Indexes
Option Synthetics Forward ERP Cash Close Rolls Outright <1 Year >1 Year
AEX 0.40 EUR per lot 0.40 EUR per strategy 0.50 bps 0.25 bps 0.40 EUR per roll 0.60 EUR per lot 0.25 0.50
CAC 0.40 EUR per lot 0.50 EUR per strategy 0.50 bps 0.50 EUR per lot 0.30 EUR per roll 0.50 EUR per lot 0.25 0.50
DAX 0.30 EUR per lot 0.40 EUR per strategy 0.50 bps 1.00 EUR per lot 0.25 EUR per roll 1.00 EUR per lot 0.25 0.50
FTSE 100 0.50 GBP per lot 0.50 GBP per strategy 0.50 bps 0.10 bps 0.25 GBP per roll 0.50 GBP per lot 0.25 0.50
FTSE 250 - 1.00 GBP per strategy - 0.50 bps 0.50 GBP per roll - 0.50 0.50
FTSE MIB 0.50 EUR per lot 3.00 EUR per strategy 0.50 bps 0.25 bps 1.00 EUR per roll 1.00 EUR per lot 0.25 0.50
IBEX 0.50 EUR per lot 0.50 EUR per strategy 0.50 bps 0.25 bps 1.00 EUR per roll 0.75 EUR per lot 0.25 0.50
MSCI Europe 0.25 bps 0.50 bps 0.25 bps 0.25 bps - 0.25 0.50
OMX 30 4.00 SEK per lot 4.00 SEK per strategy 0.50 bps 0.25 bps 2.00 SEK per roll 3.00 SEK per lot 0.25 0.50
SMI 1.50 CHF per lot 0.50 CHF per strategy 0.50 bps 1.00 CHF per lot 0.50 CHF per roll 1.00 CHF per lot 0.25 0.50
SX5E 0.25 0.30 EUR per strategy 0.50 bps 0.50 EUR per lot 0.175 EUR per roll 0.20 EUR per lot 0.25 0.50
SX7E & SXXP 0.50 bps - - 0.25 bps - 0.25 bp of Notional - -
Sectors 0.75 EUR per lot 0.25 bps 0.50 bps 0.50 bps 0.25 bps 0.50 0.50
Others STOXX 600 0.50 bps - - 0.50 bps - 0.50 EUR per lot - -
For quotes in bps, the charges refer to trade notional.
Single Names
| Single Names | Futures & Options |
|---|---|
| French Equity | 1 bp of notional |
| Dutch Equity | 0.75 bp of notional |
| German Equity | 0.75 bp of notional |
| Scandinavian Equity | 0.75 bp of notional |
| UK Equity | 0.75 bp of notional |
| Italian Equity | 1 bp of notional |
| Spanish Entity | 0.75 bp of notional |
| Illiquid Names | 2 bp of notional |
Swaps/Exotics
| Structure | Underlying | Pricing Basis | Rate | Fee Calculation |
|---|---|---|---|---|
| Total Return Swap Price Return Swap Total Return Futures | Liquid Indices Illiquid Indices Emerging Indices | bp flat | <=1y: 0.25 >1y: 0.50 0.5 1 | Nominal Amount * Rate |
| Dividend Swaps | All European | % | 0.25 | Quantity * Multiplier * Dividend * Rate |
| Variance & Volatility Swaps | Index Stocks | % Vega Notional | 1 1.5 | Vega Notional * Rate |
| Financing Trades | Vanilla/Liquid Structured/Illiquid | bp per annum | 1 2 | Notional Amount * Trade Duration / 360 * Rate |
| Correlation Swaps | All European | per 1% of Correlation point | 0.15 | Payment per 1% pf correlation * (prealised-pstrike) * 100 |
| ATM Straddle (Dispersion) | All | bp flat | 1 | Notional Amount * Rate |
| Barrier Option | All | bp flat | 1 | Notional Amount * Rate |
| Basket Call vs. Call (Dispersion) | Indicies Stocks | bp flat bp flat | 1 1.5 | Notional Amount * Rate |
| Best of Put Worst of Call | Indicies Stocks | bp flat bp flat | 2 3 | Notional Amount * Rate |
| Cliquet | All | bp flat | 2 | Notional Amount * Rate |
| Quanto | Illiquid Pairs Liquid Pairs | bp flat bp flat | 2 1 | Notional Amount * Rate |
| Reverse Conversions | All | EUR per lot on both legs | 0.25 | Quantity * Rate |
| Karchput | All | bp flat | 1 | Notional Amount * Rate |
| Future vs. Close | All | bp flat | 1.25 | Notional Amount * Rate |
| Box | All | EUR per lot | 0.5 | Quantity * Rate |
| Vol Futures (VSTOXX) | All | EUR per lot | 1 | Quantity * Rate |
| Lookback | All | bp flat | 1.5 | Notional Amount * Rate |
| Daily Cliquet (SX5E, SPX, MXWO) | All | bp per annum | 1 | Notional Amount * Rate |
| Vol Options (VSTOXX) | All | EUR per lot | 1 | Quantity * Rate |
| Basket Options | All | bp flat | 2 | Notional Amount * Rate |
| Financing Trades | Illiquid Names / Special Names | bp flat | 2 | Notional Amount * Rate |