26 September 2016

Co-Authors

Anish Puaar

Vice President    

Justin Schack

Managing Director    

Alex Kemmsies

Vice President    

Rosenblatt Securities Inc.    
New York +1 212 607 3100    

LET THERE BE LIGHT
Rosenblatt’s Monthly Dark Liquidity Tracker - European Edition


Dark-pool market share set an all-time high for a second consecutive month in August, rising 9 bps m/m to an estimated 9.20% of pan-European consolidated turnover (+64 bps y/y). This includes the 19 venues that provide us with volume data as well as our estimates for non-reporting pools. Together these platforms executed approximately €5.72 billion per day last month, down 19.15% m/m (-25.49% y/y). Consolidated turnover dropped by a slightly greater margin of 19.99% m/m (-30.64% y/y), to €62.1 billion daily... Continue Reading

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