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
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.
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.
Compare market quality across venues using various spread measures (spreads on BBO, effective spreads for a given trade size).
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.
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.
Access to big xyt’s Liquidity Cockpit for Equities solution is available via a number of established engagement mechanisms:
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).