ANNEX II
Template for the information to be provided to the competent authority pursuant to Article 13(4) of Regulation (EU) No 600/2014
SECTION 1
Market data provider submitting the information
Table 1.A
General information
Entity name | [Full name of the market data provider, including: the legal form as provided for in the register of the country pursuant to the law of which it is incorporated, where applicable, and the Legal Entity Identifier (LEI) code in accordance with ISO 17442 LEI code, where applicable.] |
Address | [Full address (e.g. street, street number, postal code, city, state/province) and country.] |
Contact for additional request for information | [Person to be contacted within the market data provider for information relating to this template (e.g. CFO) and relevant contact details: first name(s) and surname(s), position of the contact person within the market data provider, professional email address.] |
Table 2.B
Information on the group
Is the entity part of a group? | ☐ yes ☐ no |
If yes, is the entity the only entity in the group supporting cost for the production and dissemination of data? | ☐ yes ☐ no |
If no, please specify which other entity within the group support the cost for the production and dissemination of data | [Full name of the entity, including: the legal form as provided for in the register of the country pursuant to the law of which it is incorporated, where applicable, and the Legal Entity Identifier (LEI) code in accordance with ISO 17442 LEI code, where applicable. Full address (e.g. street, street number, postal code, city, state/province) and country.] |
SECTION 2
Information on data provided
Data offered | Link to the market data policy as displayed on the website pursuant to [Articles on data provided] [SECTION A of the market data policy] |
What type of data is offered | Please specify the type of data offered: ☐ full book ☐ top of book ☐ last sale ☐ auction imbalance ☐ other, please specify: |
SECTION 3
Costs
3.A General description of the system
Briefly illustrate the system and processes of the production and dissemination of market data. |
3.B Components taken into account to determine the cost of market data
Taking into consideration the system as described, please indicate the components of that system that were taken into account to determine the cost of market data and the criteria used to identify these components. |
3.C Costs of market data
Indicate below the cost necessary to produce data, calculated over the accounting year per component (category of article 2) | |
NOT SHARED COST | |
Infrastructure – including physical assets and software licenses and leased services necessary for the production and dissemination of market data | |
Component (as in 3B) | Cost |
Connectivity – including physical assets and software licenses and leased services which ensure the connectivity necessary for the production and dissemination of market data | |
Component (as in 3B) | Cost |
Costs attributable to personnel dedicated to the production and dissemination of market data | |
Component (as in 3B) | Cost |
Financial costs – including depreciation, amortization, and cost of capital | |
Component (as in 3B) | Cost |
Other | |
Component (as in 3B) | Cost |
SHARED COST | |||
Infrastructure – including physical assets and software licenses and leased services necessary for the production and dissemination of market data | |||
Component (as in 3B) | Total Cost | Percentage allocated for the purpose of market data | Reasoning for allocation |
Connectivity – including physical assets and software licenses and leased services which ensure the connectivity necessary for the production and dissemination of market data | |||
Component (as in 3B) | Cost | Percentage allocated for the purpose of market data | Reasoning for allocation |
Costs attributable to personnel dedicated to the production and dissemination of market data | |||
Component (as in 3B) | Cost | Percentage allocated for the purpose of market data | Reasoning for allocation |
Financial costs resulting from the above categories – including depreciation, amortization, and cost of capital | |||
Component (as in 3B) | Cost | Percentage allocated for the purpose of market data | Reasoning for allocation |
Other | |||
Component (as in 3B) | Cost | Percentage allocated for the purpose of market data | Reasoning for allocation |
Table on resulting overall cost of data calculated over the accounting year of the data provider
Type of costs | Value |
Not shared costs | |
Shared costs | |
TOTAL |
SECTION 4
Client categories
Fees as published | [Please insert the link to the market data policy as per market data provider website] |
Do you apply differentials in fees for the data offered, i.e. do you identify client categories? | ☐ yes ☐ no |
If yes, what are the criteria for categorising clients? | |
What is the number of client categories and how many clients are indicatively in each category? | # of categories: # in category 1: # in category 2: [add as needed] |
SECTION 5
Reasonable margin
Margin per client category
Client category | Margin expressed in absolute terms, calculated as operating profit | Margin expressed as a percentage of overall cost of data. | Reasonableness of the margin [please include an explanation of the elements taken into consideration to set the margin] |
[add as needed] | |||
TOTAL | NA |
Percentage change in margin compared to previous year | ||
Client category | Percentage change | Reasoning |
[add as needed] | ||
SECTION 6
Annual cost, margin and penalties
6.A Margin of market data
Accounting year | Total annual (1) cost | Total annual margin | Total annual fees (2) | Average margin in % | Total penalties |
6.B Market data compared to overall margin
Only for the market data providers referred to in Article 3(2), point (c)
Accounting year | Total annual revenue of the group the data provider is part of | Total annual margin of the group the data provider is part of | Margin in % | Average market data margin in % (table 6A) |
How does the margin set for the production and dissemination of market data compare with the overall margin of your business? |
SECTION 7
Additional information
Do you wish to add any additional information? | ☐ yes ☐ no |
If yes, please describe | |
Please list any additional document attached to the present notification |
(1) Annual is to be intended as the accounting year.
(2) To be intended as the sum of all the invoices for market data issued over the accounting year.