- Average daily value traded dropped 2.17% m/m (+12.83% y/y) to €57.32 billion as volatility, measured by the VSTOXX average daily close, slid just 0.20% m/m (-18.85% y/y) to 15.05.
- OTC trading (+240 bps m/m), closing (+72 bps m/m) and opening auctions (+4 bps m/m) all gained market share; Lit trading (-140 bps m/m), dark MTFs (-80 bps m/m), bank SIs (-51 bps m/m), periodic auctions (-42 bps m/m) and ELP SIs (-3 bps m/m) lost ground.
- Deutsche Börse (+52 bps m/m) gained the most on-venue market share among European trading venues, while Euronext Paris (-86 bps m/m) lost the most, for a second consecutive month.
- Among the major national listing exchanges we track, Euronext Paris (+282 bps m/m, FR 40), Euronext Lisbon (+262 bps m/m, PT 20) and Euronext Brussels (+252 bps m/m, BE 20) gained the biggest share of their equity benchmarks; only Bolsas y Mercados Españoles (-77 bps m/m, ES 30) and the London Stock Exchange (-40 bps m/m, UK 250; -39 bps m/m, UK 100) lost market share.
- Alternative closing auction market share fell 176 bps m/m to 6.69% of total on-venue end-of-day activity in August. The mechanisms set a record high in July.
View the report
