Pan-European retail trading venue Equiduct has reported a record turnover of €9.8 billion for the month of March 2020, an increase of 203% in comparison to March 2019. This strong finish to the first quarter saw new quarterly records set for the platform with a total turnover of €20.1 billion, representing a 109% increase compared to Q1 2019 with a 68.5% increase in market share. On 25 March, a new record for turnover in a single day was set, with more than €681 million traded on the platform. “We can observe a shift of trading activity to multilateral regulated markets such as Equiduct which provide greater depth of liquidity in a more robust environment,” said Wail Azizi, Head of Business Development.
A-Team Insight Briefs
Date: 16 June 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET The Covid-19 pandemic has shaken financial institutions’ working practices to the core. Trading volumes have exploded, with some venues recording more than 10X the usual volume of transactions. Volatility has raged, with the benchmark VIX index testing new highs. And nor are...
French trading platform supplier SmartTrade last month quietly announced that private equity firm Hg had acquired stakes in the company from existing investors Keensight Capital and Pléiade Venture. SmartTrade isn’t saying much about the deal but in a statement reported that the existing management team under CEO David Vincent will remain in place and as...
The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.
Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...