big xyt is delighted to be a founding member of the Sustainable Trading initiative and we look forward to collaborating with its members. 30 founding members from asset management, banking and brokerage, market making, exchanges, technology and service providers have joined the initiative.
big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, today announced the launch of the Global Exchanges Directory, an interactive web portal providing key information on 97 worldwide stock exchanges and alternative trading venues in seven regional categories.
When Santa visited us for one of our academy sessions, Market Structure for North Pole Inhabitants, we provided an initial introduction to European market structure using the following chart for European Equities by trading mechanism, which may be familiar to many of you: Santa soon understood that, but as a wise man, he remained curious – one of the questions he asked was about ETFs: “If these equity-like instruments are called Exchange Traded Funds,” he asked with a glimmer in his eye, “Why do they trade less than 28% of their volume on exchange compared to 53% for vanilla equities?”
The Christmas stocking is still a major part of any family Christmas. It’s the perfect place to find last minute surprises like satsumas, bottles of gin, or a multi-rotor copter drone. You never know what you might find, sometimes you get lucky and sometimes you don’t, and then of course there is the sweet smell of hessian. In fact, they are a lot like dark pools, apart from the hessian.
On the back of the announcement of our partnership with ETFbook yesterday, we’re pleased to provide investors with our first weekly summary report of transparency in European ETPs, by consolidating all issued products and their liquidity across the fragmented landscape. These updates are for product issuers to monitor the evolving European ETP landscape, for market makers to gain an insight into primary and secondary market liquidity, and for buy-side investors to see new investment opportunities.
Partnership will consolidate all issued products and their liquidity across the fragmented landscape 09 November, 2021: London / Zurich – big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, is pleased to announce its partnership with ETFbook, a leading ETF information and analytics platform, to provide daily fund data for their Liquidity Cockpit for ETFs solution.
Appointment of Gilles Meyruey increases big xyt footprint in the region 23 September, 2021: Paris, London: big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, is pleased to announce Gilles Meyruey has joined their executive team as Head of Business Development (Continental Europe). Gilles’ 35-year career in Europe covers senior positions in equities, derivatives, and bonds trading, execution services management and client management for leading firms including Société Générale Corporate and Investment Banking (SGCIB), Dexia Securities France, Exane and Deutsche Bank.
Successful implementation provides exchange with independent data analytics to further enhance market quality and performance reporting 15th September, 2021: London: big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, is pleased to announce that Equiduct, the pan-European equities and ETFs exchange, has implemented big xyt’s Liquidity Cockpit to gain new insights into the pan-European liquidity landscape and the quality of execution achieved via Equiduct’s Apex service.
We have just launched the Market Microstructure in Practice for Equities with big xyt’s API interactive presentation on the big xyt Academy. If you are a quantitative analyst or developer, trader, portfolio manager, or anyone interested in market microstructure for sales and marketing, this could be of interest to you. Explore big xyt’s powerful and flexible API to see how convenient and reliable it is for conducting research and analysing market microstructure, as well as assessing trading performance and algos.
We’re not too sure what all the excitement is about… at big xyt we have been researching the changing shape of the dark landscape for years. In fact, rather like long established theories, on the face of it European dark trading volumes have remained relatively steady. Our team of curious data scientists likes to help the trading community to explore a bit deeper and it’s easy to see that Pan-European dark volumes have been in a fairly tight range with around 8% share of adjusted (our proxy for addressable volumes) for some time, only getting squeezed temporarily with the onset of double volume caps in mid 2018.
