Commissions 

Online Trading
Market Standard Active*
European government bonds 0.25%
(min. 80 EUR)**		 0.05%
(min. 50 EUR)**
US government bonds*** 0.25%
(min. 80 EUR)**		 0.05%
(min. 50 EUR)**
European and US corporate bonds 0.25%
(min. 80 EUR)**		 0.10%
(min. 50 EUR)**
Emerging Markets bonds 0.25%
(min. 80 EUR)**		 0.10%
(min. 50 EUR)**

* Please contact your account executive for more information.

** or the equivalent if traded in another currency

*** For US government bonds there is an additional external execution fee of 0.0004% embedded in the price.
Offline trading
Market Standard Active*
US government bonds*** 0.25%
(min. 80 EUR)**		 0.05%
(min. 50 EUR)**
European and US corporate bonds 0.25%
(min. 80 EUR)**		 0.10%
(min. 50 EUR)**

* Please contact your account executive for more information.

** or the equivalent if traded in another currency.

*** For US government bonds there is an additional external execution fee of 0.0004% embedded in the price.

Updated 18th Oct, 2016

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