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

  0.40 EUR per strategy

  0.50 bps

  0.25 bps

  0.40 EUR per roll

  0.60 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

For quotes in bps, the charges refer to trade notional.

Single Names

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
  0.51

  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

  1
  1.5

  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