LIST, an ION company, has enhanced its FastTrade trading solution to provide access to additional equity trading mechanisms from Cboe Europe. The upgrade allows LIST’s customers to connect to Cboe’s Dark and Periodic Auction Books, which are the largest in their categories, alongside existing access to the Lit Order Books. The enhanced sweep functionality enables customers to engage with multiple Cboe order books through a single order, offering potential advantages in size and price improvements.
Cboe Europe, the leading pan-European stock exchange by market share and value-traded, offers a wide range of trading services, including a retail-focused tariff across its Lit, Dark, and Periodic Auction Books. This tariff allows for free execution of retail orders. Additionally, Cboe plans to introduce a retail liquidity provider solution in early 2025, pending regulatory approval.Alex Dalley, Head of Cboe Netherlands, Cboe Europe, comments: “We are excited that ION’s LIST solution has expanded access to our full range of equity trading execution mechanisms. It will help strengthen Cboe’s presence in the Italian market, particularly among its retail community, and enable LIST’s customers to benefit from better execution outcomes.”
“The enhancement of our trading platform again demonstrates our commitment to innovation,” adds Alvise Insalaco, CEO of LIST. “We are dedicated to delivering cutting-edge solutions that ensure the best execution for client orders across both lit and dark venues.”
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