August 2013 - Monte Titoli

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August 2013 7.0 Securities Lending and Borrowing 34 8.0 Service of Collateral Management – X-COM 35 8.1 Collateralized securities 35 9.0 Communication channels 36 9.1 RNI, SIANet.Ng, SWIFT 36 9.2 MT-X 36 9.3 LU 6.2 39 9.4 A2A 40 10.0 EPAG – Paying Agent appointment 41 11.0 FIS – Standard Information Flows and CPA – Shareholders Meeting Communication 42 11.1 Reporting 42 12.0 RCC – Settlement of Client fees 44 13.0 ATIE Service - Register of irregular and drawn securities 45 14.0 Miscellaneous 46 15.0 Test environment 48 Page 4 of 50
August 2013 1.0 General principles This document illustrates the fee schedule applied by Monte Titoli for the services provided to entities participating in such services, in accordance with the contractual framework in force and in particular with Art. 10 of the General Conditions Part I. As stated by Art. 7 of the General Conditions Part I, any modification of the fee schedules indicated in this document will be notified by Monte Titoli through the publication of such modifications on its own website. Moreover this publication will be notified to participants by the means of an email communication sent to the address provided by the client Itself. Monte Titoli fee structure is compliant with principles of unbundling and separate accounting. The fee structure has been structured to assist clients in easily reconciling their invoices. A specific reference code identifies each fee and helps customers to quickly and easily check the accuracy of the amounts debited. All invoicing items will be subject to VAT as established by law. Unless otherwise specified, fees are calculated and invoiced monthly, based on volumes recorded during the relevant month, and debited with a value date of the last day of the month following invoice issue. If a monthly (or quarterly or annual) fee is applied to a service, in case participation or withdrawal occurs during the month (or during the quarter or the year), the former fee (participation event) or the latter (withdrawal event) are entirely chargeable, regardless of the date of activation or withdrawal. Where monthly fees are based on a volume tier, each client may choose to change its tier by making a request before 15 December; if 15 December is not a business day, the deadline is carried over to the next business day. The tier change will commence in January of the following; no change of tier is admitted during the year. The same fee structure is also applied to market infrastructures (such as CCPs, CSDs, Central Banks) when they participate in Monte Titoli services (in standard mode). Should participation of these entities require customized solutions and specific terms of interoperability, a specific pricing proposal will be defined, in compliance with Paragraph 4 of the Code of Conduct. A fee calculator simulator is available on our website www.montetitoli.it, enabling clients to determine their fees. Page 5 of 50
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Page 12 and 13: August 2013 Category Range of avera
Page 14 and 15: August 2013 Fee Invoicing code Cash
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Page 20 and 21: August 2013 4.2 X-TRM Setup Fee Fee
Page 22 and 23: August 2013 5.0 Domestic Settlement
Page 24 and 25: August 2013 Net overnight and intra
Page 26 and 27: August 2013 2) securities settlemen
Page 28 and 29: August 2013 Countries group 1: Inte
Page 30 and 31: August 2013 6.1.2 Cancellation Fee
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Page 38 and 39: August 2013 The volume tier is spec
Page 40 and 41: August 2013 9.4 A2A A quarterly fee
Page 42 and 43: August 2013 11.0 FIS - Standard Inf
Page 44 and 45: August 2013 12.0 RCC - Settlement o
Page 46 and 47: August 2013 14.0 Miscellaneous The
Page 48: August 2013 15.0 Test environment T

August 2013 - Monte Titoli

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