- The 40 venues we track executed 16.15% of pan-European on-venue turnover in March, down 71 bps m/m (-41 bps y/y).
- ELP SIs (-32 bps), periodic auctions (-30 bps) and Dark MTFs (-9 bps) all lost market share m/m.
- Together, venues in our universe executed €11.31 billion per day, up 7.17% m/m (+26.61% y/y). Total on-venue (including displayed) trading climbed 11.86% m/m (+29.83% y/y) to €62.6 billion.
- Our universe accounted for 11.08% of consolidated turnover, including on-venue and OTC, down 57 bps m/m.
- XTX Markets retakes ELP SI top spot after swapping places with Citadel Securities for the fifth month in a row
- Block market share falls to lowest level since September 2020
- After three years of investigations, ESMA decides against new periodic-auction market rules
View the report
