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European Securities Volumes

May 12, 2021
  • Average daily value traded fell 9.24% m/m to €72.87 billion.
  • Volatility declined, with the VSTOXX average daily close down -8.64% m/m to 17.51, and the FTSE 100 IVI off 19.66% m/m to 15.68, the lowest levels for both since January 2020.
  • Over-the-counter trading and systematic internalizers both gained market share. Lit books lost the most share, followed by closing auctions, dark MTFs and opening auctions. Periodic-auction market share was flat.
  • Cboe Europe DXE and Aquis Exchange (EU) posted the largest m/m gains in pan-European on-venue market share. Deutsche Börse, the London Stock Exchange and Borsa Italiana lost the most.
  • Euronext Brussels and SIX Swiss Exchange gained market share in their home indices. Nasdaq Stockholm, Euronext Amsterdam and Bolsas y Mercados Españoles lost the most.

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