Microstructure Review

European Equities Market Microstructure Survey Q2 2021

European Equities Market Microstructure Survey Q2 2021

Welcome to our latest quarterly survey of market volumes and fragmentation trends in European equities. If you are unfamiliar with the topic, we encourage you to visit our website to read our Microbites series for an explanation of European market microstructure.  With the major European indexes enjoying substantial price gains in...

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Is anyone else worried about this?

Is anyone else worried about this?

As a trailer for our forthcoming Q2 2021 survey of European equity market microstructure, we thought you might like a sneak peek at what’s been happening to fragmentation.   Following Brexit and the divergence of dark trading rules, we have been monitoring the trend in the UK. The graph below shows...

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European Equities Market Microstructure Survey Q1 2021

Welcome to our latest quarterly survey of market volumes and fragmentation trends in European equities. Following a desolate second half in 2020 and despite ongoing Covid-19 and Brexit-related uncertainty, the first quarter of 2021 saw a return to some kind of normality in market volumes. View the complete report here. ***** All the...

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European Equities Market Microstructure Survey 2020

In 2020, we took to trading from our bedrooms, garden sheds and conservatories, learned how to download several hundred video conferencing packages, set up a home-school on the kitchen table, and went to work in our pyjamas. As we couldn’t go out on New Year’s Eve to watch the fireworks,...

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European Equities – Market Microstructure Survey Q3 2020

A Comprehensive Review of Market Volumes, Fragmentation and Other Topics. by Richard Hills, big xyt It hasn't been a good quarter for the European Equity Market. In nearly every country, we've seen record lows for volumes throughout the summer. August delivered the slowest month for trading since the MiFID2...

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