The European Consolidated Feed Graham Green

The European Consolidated Feed Service The European Consolidated Trade Tape Provides a full tick tape of all trades across most liquid MiFID Zone instruments 15 Minutes Delayed MiFID 100 Index Performance Benchmark of 100 Most Liquid European Equities The European BBO Reference Price Provides a Consolidated European EBBO reference price Not to be used by low latency or algorithmic trade apps

XT – The European Consolidated Tape Consolidated European Trade Tape of trades reported in MiFID Zone On-book, Off Book, Pure OTC and SI Trade Reports Trade reports consolidate on one RIC per ISIN regardless of currency Intuitive RIC Syntax = <Primary RIC Root> + <.xt> e.g. <VOD.xt> Streaming Delayed Tick By Tick Trade Data – 15 Min Delay Universe – Full List of ESMA ISINs covered by Q2 2012 MiFID 100 Index – calculated from internal Real-time RICs

XBO – European BBO Reference Price Real Time European Consolidated Best Bid & Offer Executable Trade & Quote Data Only Venues include Regulated Markets and MTFs EBBO per ISIN per currency if multiple currency orderbook trading exists RIC Syntax = <Primary RIC Root> + <Currency qualifier> + <.xbo> e.g. RDSaEUR.xbo,RDSaGBP.xbo Universe – approximately 1500 most liquid ISINs

Permissioning .xbo Controlled by 9 Country Segments Service is free of charge but is subject to underlying source end user fees Permissioning is built on the underlying source permissions A user has to be permissioned for all underlying source feeds in a segment to access the data in that particular segment: .xt Is not subject to segmented permissioning because the data is delayed Access to all RICs and all Trades