<< rosenblatt | All Market STructure REports

Let There Be Light - European Edition

Let There Be Light - European Edition
  • The 40 venues we track executed 17.53% of pan-European on-venue turnover in August, down 11 bps m/m (+70 bps y/y).
  • ELP SIs (+31 bps) gained market share m/m, while periodic auctions (-28 bps) and dark MTFs (-14 bps m/m) lost ground.
  • Together, venues in our universe executed €6.54 billion per day, down 14.63% m/m (+1.29% y/y).
  • Total on-venue (including displayed) trading dropped 14.08% m/m (-2.73% y/y), to €37.34 billion.
  • Our universe accounted for 11.57% of consolidated turnover, including on-venue and OTC, down 35 bps m/m.

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