x Days of Isolation – Day 11: SpaceX for Stocks

by Mark Montgomery, big xyt Day 11 – SpaceX for Stocks Some of you may have been straining your eyes looking at the night sky during the recent SpaceX launch. The image above isn't a photographic negative image of heavenly bodies, it is actually a scatterplot of multiple European stocks. The...

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x Days of Isolation – Day 10: Auction Action

by Mark Montgomery, big xyt Day 10 – Auction Action Turnover of equities including ETFs in closing auctions reached record levels on Friday. The volumes were higher than any other day during the past 12 months (including all expiry dates and rebalancing dates). 40B€ total closing notional (incl. ETFs) was reported...

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Volume Profiles Equities – Liquidity Cockpit Enterprise Content

Introducing Enterprise Content

Download Samples The Liquidity Cockpit has evolved thanks to continuous feedback from our clients and we are delighted to be adding to the content with a brand new Enterprise section to the menu. The new additional content includes:  Intraday volume profiles (by market mechanism), Price movement by venue,  EBBO presence by size & Effective book...

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x Days of Isolation – Day 08: Measure for Measure.

by Richard Hills, big xyt Update: April market volumes reverted to long term average levels following the record month of March 2020. ADVT traded on the order books in European equities was 47B€, compared with 44 B€ ADVT for the full year 2019. Accompanying this apparent return to normality, the proportion...

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x Days of Isolation – Day 05: Attack of the CLOBs

by Mark Montgomery, big xyt Day 5 – Attack of the CLOBs Update: Following our first post in this series, a number of people have asked if the trend we observed has continued over subsequent days. The ingredients are consistent - uncertainty, volatile markets, and unpredictable liquidity leading to opportunity cost with other...

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x Days of Isolation – Day 04: Pump Up the Volume

by Richard Hills, big xyt Day 4 – Pump Up the Volume Summary It is not news to anyone that trading volumes have simply exploded this month to record levels.  We put some eye watering facts and figures on this in a historical context and look at one surprising finding; the distribution...

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