With our real-time analytics, trading firms, exchanges, dealing desks and issuers can effectively monitor consolidated liquidity, including unexpected off-book trading activity, trades of unusually large size, pending trades and sudden increases in OTC volumes for any stock or ETP.
0
+
Distinct Symbols
0
+
Unique ISINs
0
+
Exchanges
0
+
Unique Trade Conditions
0
+
Metrics
Trading data analytics have until now been available only to the most sophisticated firms with substantial capital investments. big xyt is breaking the mould by making the capability available to all firms whether their main focus is on trading (or not), and regardless of the size of their budgets.
By mutualising this capability on behalf of the industry, we provide flexible and tailor-made solutions at a fraction of the cost of in-house builds.
Find actionable insights
in the fragmented market landscape
Use Cases
OPTIMISE TRADING & EXECUTION
Liquidity Cockpit for Equities delivers actionable insights by delivering transparency on market structure changes.
VENUE COMPARISON
Market quality measures provide an indication for expected transaction costs. The normalised indicators enable users to compare venues.
TRADED VOLUMES
Normalised traded volumes and market share provides an accurate history of trading activity across venues and can help as a pre-trade guide for expected liquidity across venues, indices or trade categories.
Product Features
SYSTEMATIC
INTERNALISERS
Evaluate the market share of trades reported under this mechanism. Drill down into the detail, filtering out non-addressable volume to create a more realistic view of comparable market volumes.
LARGE IN
SCALE (LIS)
Understand the dynamics of market structure (pre and post-MiFID II and Brexit), e.g. the impact on Large in Scale trading and dark pools.
SPREADS AND
MARKET DEPTH
Compare market quality across venues using various spread measures (spreads on BBO, effective spreads for a given trade size).
PRICE
MOVEMENT
Investigate the market move for trades across block trading venues, lit markets and dark pools.
ALTERNATIVE CLOSING MECHANISMS
Monitor the evolution of new mechanisms looking to disrupt traditional exchange auctions as passive trading increasingly drives volumes to benchmark end of day pricing.
VOLUME
PROFILES
Leverage the available security stats and metrics to observe intraday volume profiles, and a range of other pre-trade indicators to drive algorithmic and router research and development.
Research
xyt Lab supports more in-depth quantitative research and provides a secure environment to enable data scientists to perform their own analytics on the most granular (Level 3) data which can be overlaid with their own private content, and provides convenience for Python users wanting to generate new metrics or to schedule regular delivery of results.
Real-time Analytics
Using our real-time analytics service firms can effectively monitor consolidated liquidity, including unexpected off-book trading activity, trades of unusually large size, pending trades and sudden increases in OTC volumes.
Differentiating Factors
INDEPENDENCE
As a privately owned company, our clients see big xyt as an unbiased and objective provider of data analysis.
FLEXIBILITY
Data can be provided via a variety of delivery mechanisms and analysis via our unique browser-based visualisation tools, enabling optimal flexibility when filtering different venues and comparing date ranges.
TRANSPARENT METHODOLOGY
All measures are fully documented and can be verified with the underlying tick data.
GLOBAL COVERAGE
Our security statistics deliver metrics across 120 global markets, providing international visibility to users.
COST MANAGEMENT
big xyt reduces the Total Cost of Ownership. Our technology team is focussed on collecting, curating and delivering analysis that our clients would require a team of people to support, in addition to the cost of raw data and infrastructure. We also have a subscription pricing model.
TREND ANALYSIS
Looking at analysis over time rather than snapshot allows the user to perform bespoke trend analysis, filtered custom studies or general market overview.
Access to big xyt’s Liquidity Cockpit for Equities solution is available via a number of established engagement mechanisms:
Web-based Dashboards
Our dynamic dashboards provide simple, flexible views for interactive use, data download, custom design and white-label solutions.
Reports and Notifications
Pre-defined/bespoke reports managed directly via our dashboard or configured as scheduled reports, distributed via email and/or SFTP.
Data Feeds and APIs
Data extract via scheduled file delivery. Transfer batch files using SFTP, or utilise our API connectivity (essential for data science and quant teams).
Banks, asset managers, exchanges and market participants across the globe consistently rely on big xyt as an independent reference for equity market structure, providing clarity for decision makers and flexibility for data scientists.
© Copyright 2024. All Rights Reserved.