12 Days of Trading – Day 2 of 12: Liquidity Trends since June 2016 #2

Day 2 of 12: After our initial market overview yesterday, today we take closer look at the development of auctions.

Some observations:

The two largest gainers appear to be the Closing Auctions and Periodic Auctions.
Some have observed that more lit trading has moved to the closing auction as the benchmark drives index & ETF traders.
The inference then for Periodic […]

12 Days of Trading – Day 1 of 12: Liquidity Trends since June 2016

As the year draws to a close we have been asked by clients to look and highlight 2018 trends since the introduction of MiFID II. We thought we might make this a festive exercise on the 12 days leading up to the holidays. As a result, you will receive a link to a different 2018 big-xyt observation each day.

With the countdown […]

Uncovering a True Picture of Systematic Internaliser Liquidity

By Mark Montgomery, Strategy & Business Development, big xyt

When navigating through the complexities of European equity liquidity, one could be forgiven for wondering whether, for many market participants, the changes in regulation brought about since January 2018 through MiFID II have been a help or a hindrance. MiFID II was designed to introduce more transparency. But have aspects of it […]

big xyt Liquidity Cockpit delivers insight on Systematic Internalisers

Press Release
Analytics platform introduces new dashboard to interrogate SI component volumes
London, Frankfurt, 15 November 2018 big xyt, the independent provider of high-volume, smart data and analytics capabilities is pleased to announce further client driven enhancements to its Liquidity Cockpit.

With the introduction of a dedicated dashboard for analysing SI volumes, eligible users have the option to view and compare the reported SI […]

Maximising double volume cap data

By Mark Montgomery, Strategy & Business Development, big xyt

The introduction of the double volume cap (DVC) mechanism as part of MiFIR has heralded a new era in European equity trading, limiting for the first time the universe of securities that can be traded on dark pools. Nearly eight months on from the first DVC suspensions, we can begin to assess […]

big xyt launches Liquidity Cockpit for ETFs

Press Release
New analytics platform creates navigation tool for fragmented Exchange Traded Funds markets
London, Frankfurt, 25th September 2018. big xyt, the independent provider of high-volume, smart data and analytics capabilities is pleased to announce the launch of the ETF Liquidity Cockpit introducing liquidity metrics for ETFs with new navigation tools enriched with reference data from Ultumus, the specialist distributor of ETF composition […]

big xyt adds Double Volume Cap Dashboard to Liquidity Cockpit

Press Release
Understanding liquidity shifts triggered by double volume caps
London, Frankfurt, 20th September 2018. big xyt, the independent provider of high-volume, smart data and analytics capabilities, is delighted to announce a key enhancement to the Liquidity Cockpit to include a Double Volume Cap (DVC) dashboard, allowing clients to understand where volume migrates when the DVCs change.

The big xyt Liquidity Cockpit is […]

Identifying outliers in equity trading – why it matters

By Mark Montgomery, Strategy & Business Development, big xyt

Enormous volumes of data might be the lifeblood of quantitative analytics, but for the typical trader, dealing with data in any asset class can be complex, costly and daunting. With the explosion of data in recent years and the continuing appearance of new data sources, the challenge for practitioners is growing all […]

Boom in tick-data-as-a-service

By Robin Mess, CEO, big xyt

The rise of quantitative analysis is mirrored by a rise in demand for its fuel – data. With one feeding the other, investment firms and banks are increasingly reliant upon products and services that can be tested and proven in a way that for many markets was impossible ten years ago. As a result, the […]

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big xyt was founded by a team of experts combining more than five decades of experience in risk management, regulatory and financial reporting, analytics solutions arising from regulatory requirements, e.g. MiFID II, and engineering for data management and analytics. The team of seven founders has been working together since 2005 and in 2014 they formally formed big xyt to continue and expand this work.

With big xyt you can leverage our seasoned capabilities in your markets. Get in touch with us and get yourself some innovation.

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