- The 40 venues we track executed 18.40% of pan-European on-venue turnover in October, up 149 bps m/m (+90 bps y/y)
- All venues we track gained market share in October. Dark MTFs (+80 bps) led the way, followed by periodic auctions (+55 bps) and ELP SIs (+14 bps)
- Together, venues in our universe executed €8.77 billion per day, up 7.00% m/m (+26.44% y/y). Our universe accounted for 12.52% of consolidated turnover, including on-venue and OTC, up 94 bps m/m
- XTX SI surges ahead of rivals as smaller dark MTFs jostle for position
- EU plans tighter dark-pool restrictions in forthcoming MiFID II review
- Brokers shy away from trading EU stocks on UK block platforms
- SIX prepares for conditional order type launch