- Average daily value traded rose 11.94% m/m (-5.62% y/y) to €66.16 billion as volatility, measured by the VSTOXX average daily close, decreased 0.37% m/m (-26.79% y/y) to 14.04.
- Periodic auctions gained 6 bps m/m of market share, reaching a new all-time high of 3.71%.
- OTC trading (+72 bps m/m), closing auctions (+59 bps m/m), dark MTFs (+18 bps m/m) and ELP SIs (+7 bps m/m) also gained market share, while lit trading (-90 bps m/m), bank SIs (-68 bps m/m) and opening auctions (-3 bps m/m) lost ground.
- The combined Aquis Matching Pools (+62 bps m/m) gained the most on-venue market share among European trading venues; Cboe DXE (-64 bps m/m) lost the most.
- Among major national listing exchanges, Euronext Paris (+255 bps m/m, FR 40), SIX Swiss Exchange (+207 bps m/m, CH 20) and Bolsas y Mercados Españoles (+202 bps m/m, ES 35) gained market share in their home indices; Euronext Brussels (-156 bps m/m, BE 20) and Euronext Lisbon (-102 bps m/m, PT 20) lost the most.
- Alternative closing-auction market share declined 14 bps m/m, accounting for 7.05% of total on-venue end-of-day activity.
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