- Periodic auctions and systematic internalisers run by electronic liquidity providers had their highest ever average daily value traded in March as the wider market surged.
- Neither type of venue set records for market share, but the most-active month for equity traders since March 2020 meant they both hit all-time highs for value traded.
- XTX SI and Citadel Connect Europe increased their share of SI turnover, while Virtu SI overtook Tower Europe SI for the first time in our data series, which goes back to 2018.
- Dark order books accounted for a smaller share of activity in every major European index that we follow as volatility rebounded.
- Deutsche Börse's Xetra Midpoint almost doubled its ADVT in one month. Xetra Midpoint hosted more activity than all seven of Euronext's dark books combined in March.
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