<< rosenblatt | All Market STructure REports

Let There Be Light: Rosenblatt’s Monthly Dark Liquidity Tracker – European Edition

Let There Be Light: Rosenblatt’s Monthly Dark Liquidity Tracker – European Edition
  • The 42 alternative venues we track executed 19.12% of pan-European on-venue turnover in November, down 110 bps m/m (+199 bps y/y) from October
  • All three subgroups — Dark MTFs, Periodic Auctions and ELP SIs — lost market share
  • Our universe accounted for 12.00% of consolidated turnover, including on-venue and OTC, down 126 bps m/m
  • Muted overall trading activity and low volatility may be keeping alternative-venue market share elevated despite a decline from October’s highs
  • Differing SI and OTC trade-reporting regulations set to take effect next year in the EU and UK may further complicate the task of comparing such flows across jurisdictions

View the report

more market structure reports

see all reports