Market Structure Reports

• Pan-European average daily turnover grew 10.53% m/m in February, to €84.54bn.
• The average daily closing value of the VSTOXX fell 17.13% m/m to 14.44, while the VFTSE dropped 19.38% m/m to 13.47.
• Systematic internalizers and over-the-counter trading gained market share in February. Lit markets, dark pools, opening/closing auctions and periodic auctions lost market share.
• Aquis posted the largest m/m gains in pan-European on-venue market share, while SIX Swiss Exchange suffered the biggest loss.
• SIX Swiss Exchange, Borsa Italiana and Bolsas y Mercados Españoles gained the most market share in their home indices. Euronext Amsterdam and Euronext Paris sustained the biggest losses.