Top 5 venue reporting regarding MIFID II;retail clients;financial year 2021;M.M.Warburg & CO (AG & Co.) KgaA;
Class of Instrument; ;AA99 (Equity instruments- Shares and share certificates);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AA99 (Equity instruments- Shares and share certificates);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);99,84%;99,94%;100,00%;0,00%;100,00% 
J P Morgan SE FFM (549300ZK53CNGEEI6A29);0,16%;0,06%;100,00%;0,00%;100,00% 
Class of Instrument; ;AA99 (Equity instruments- Shares and share certificates);Tick Size CD (liquidity band C and liquidity band D);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);99,85%;99,96%;100,00%;0,00%;100,00% 
Goldman Sachs Bank Europe (8IBZUGJ7JPLH368JE346);0,15%;0,04%;100,00%;0,00%;100,00% 
Class of Instrument; ;AA99 (Equity instruments- Shares and share certificates);Tick Size EF (liquidity band E and liquidity band F);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);99,81%;99,22%;100,00%;0,00%;100,00% 
UBS Europe SE (5299007QVIQ7IO64NX37);0,10%;0,62%;100,00%;0,00%;100,00% 
J P Morgan SE FFM (549300ZK53CNGEEI6A29);0,06%;0,12%;100,00%;0,00%;100,00% 
Goldman Sachs Bank Europe (8IBZUGJ7JPLH368JE346);0,03%;0,03%;100,00%;0,00%;100,00% 
Class of Instrument; ;AB99 (Equity instruments- Shares and share certificates);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AB99 (Equity instruments- Shares and share certificates);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AB99 (Equity instruments- Shares and share certificates);Tick Size CD (liquidity band C and liquidity band D);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AB99 (Equity instruments- Shares and share certificates);Tick Size EF (liquidity band E and liquidity band F);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AC99 (Exchange traded products (ETPs)Exc);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Jane Street Financial Ltd. (549300ZHEHX8M31RP142);38,40%;35,73%;100,00%;0,00%;100,00% 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);28,30%;35,37%;100,00%;0,00%;100,00% 
Flow Traders B V (549300CLJI9XDH12XV51);22,89%;13,53%;100,00%;0,00%;100,00% 
Optiver V.O.F. (7245009KRYSAYB2QCC29);9,82%;14,90%;100,00%;0,00%;100,00% 
Donner & Reuschel AG (23ZYQ4KSBEDVYML8NC86);0,50%;0,44%;100,00%;0,00%;100,00% 
Class of Instrument; ;AC99 (Exchange traded products (ETPs)Exc);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AD99 (other instruments);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AE99 (other instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AE99 (other instruments);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;AE99 (other instruments);Tick Size CD (liquidity band C and liquidity band D);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA10 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);16,23%;12,38%;100,00%;0,00%;100,00% 
Deutsche Bk Ffm (7LTWFZYICNSX8D621K86);13,57%;10,27%;100,00%;0,00%;100,00% 
HSBC Trinkaus Dssd (JUNT405OW8OY5GN4DX16);12,42%;11,57%;100,00%;0,00%;100,00% 
Barclays Bank PLC Ireland (2G5BKIC2CB69PRJH1W31);8,41%;6,42%;100,00%;0,00%;100,00% 
BofA Securities Europe SA (549300FH0WJAPEHTIQ77);7,70%;5,55%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA11 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Soc Gen Paris (O2RNE8IBXP4R0TD8PU41);38,95%;26,57%;100,00%;0,00%;100,00% 
BNP Paribas Paris (R0MUWSFPU8MPRO8K5P83);18,27%;12,89%;100,00%;0,00%;100,00% 
Citigroup Global Markets EU (6TJCK1B7E7UTXP528Y04);11,38%;10,72%;100,00%;0,00%;100,00% 
J P Morgan SE FFM (549300ZK53CNGEEI6A29);7,32%;5,08%;100,00%;0,00%;100,00% 
DZ Bank AG (529900HNOAA1KXQJUQ27);6,17%;4,35%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA12 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Barclays Bank PLC Ireland (2G5BKIC2CB69PRJH1W31);38,54%;33,33%;100,00%;0,00%;100,00% 
UniCredit Bank AG Mün (2ZCNRR8UK83OBTEK2170);33,41%;33,33%;100,00%;0,00%;100,00% 
Credit Suisse Bank Europe (959800TMGPWX7NYM4R72);28,05%;33,33%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA13 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Nordea Bk Finland Hels (529900ODI3047E2LIV03);22,68%;37,41%;100,00%;0,00%;100,00% 
Skandi Enskilda Bk Stock (F3JS33DEI6XQ4ZBPTN86);11,12%;24,94%;100,00%;0,00%;100,00% 
Nykredit Bank A/S (52965FONQ5NZKP0WZL45);7,96%;12,47%;100,00%;0,00%;100,00% 
DZ Bank AG (529900HNOAA1KXQJUQ27);7,78%;2,74%;100,00%;0,00%;100,00% 
HSBC Trinkaus Dssd (JUNT405OW8OY5GN4DX16);7,15%;2,49%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA14 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Jane Street Financial Ltd. (549300ZHEHX8M31RP142);8,42%;8,28%;100,00%;0,00%;100,00% 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);7,86%;7,81%;100,00%;0,00%;100,00% 
BofA Securities Europe SA (549300FH0WJAPEHTIQ77);7,81%;7,75%;100,00%;0,00%;100,00% 
Barclays Bank PLC Ireland (2G5BKIC2CB69PRJH1W31);6,20%;6,28%;100,00%;0,00%;100,00% 
HSBC Trinkaus Dssd (JUNT405OW8OY5GN4DX16);4,63%;4,67%;100,00%;0,00%;100,00% 
Class of Instrument; ;BA15 (Debt instruments);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
J P Morgan SE FFM (549300ZK53CNGEEI6A29);25,36%;69,17%;100,00%;0,00%;100,00% 
Citigroup Global Markets EU (6TJCK1B7E7UTXP528Y04);19,43%;3,87%;100,00%;0,00%;100,00% 
Nomura Financial Products (5493002XYZZ0CGQ6CB58);7,90%;1,59%;100,00%;0,00%;100,00% 
Millennium Europe Limited (213800M4PALWKTSLLI88);5,02%;0,96%;100,00%;0,00%;100,00% 
Mizuho Securities EU GmbH (213800G8QEXN34A2YG53);4,63%;0,87%;100,00%;0,00%;100,00% 
Class of Instrument; ;BB99 (Structured financial products);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Jane Street Financial Ltd. (549300ZHEHX8M31RP142);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;BD21 (Equity derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
J P Morgan SE FFM (549300ZK53CNGEEI6A29);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;BE21 (securitized derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;BE99 (securitized derivatives);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
HSBC Trinkaus Dssd (JUNT405OW8OY5GN4DX16);37,09%;36,94%;100,00%;0,00%;100,00% 
Raiffeisen Bank Intern. AG (9ZHRYM6F437SQJ6OUG95);28,37%;28,60%;100,00%;0,00%;100,00% 
Erste Group Bank AG Wien (PQOH26KWDF7CG10L6792);16,25%;16,15%;100,00%;0,00%;100,00% 
Millennium Europe Limited (213800M4PALWKTSLLI88);12,20%;12,21%;100,00%;0,00%;100,00% 
UBS Europe SE (5299007QVIQ7IO64NX37);6,05%;6,02%;100,00%;0,00%;100,00% 
Class of Instrument; ;BF99 (Exchange traded products (ETPs));Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;N;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);86,47%;87,08%;100,00%;0,00%;100,00% 
Optiver V.O.F. (7245009KRYSAYB2QCC29);9,73%;9,27%;100,00%;0,00%;100,00% 
Flow Traders B V (549300CLJI9XDH12XV51);3,80%;3,64%;100,00%;0,00%;100,00% 
Class of Instrument; ;C999 (no specific classification);Tick Size -- (not used);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00% 
Class of Instrument; ;CB99 (Other instruments);Tick Size AB (liquidity band A and liquidity band B);
Information on whether an average of < 1 trade per business day was executed in the previous year;Y;;
Top five execution venues ranked in terms of trading volumes (descending order) ;Proportion of volume traded as a percentage of total in that class;Proportion of orders executed as percentage of total in that class;Percentage of passive orders;Percentage of aggressive orders;Percentage of directed orders 
Morgan Stanley Europe SE (54930056FHWP7GIWYY08);100,00%;100,00%;100,00%;0,00%;100,00%