- Average daily value traded jumped 20.95% m/m (+37.54% y/y) to €91.04 billion as volatility, measured by the VSTOXX average daily close, inched up 3.29% m/m (+20.08% y/y) to 16.85.
- Closing auctions (+85 bps m/m), bank SIs (+75 bps m/m), lit trading (+41bps m/m), ELP SIs (+17 bps m/m) and opening auctions (+3 bps m/m) gained market share, while OTC trading (-197 bps m/m), periodic auctions (-19 bps m/m) and dark MTFs (-7 bps m/m) lost ground.
- Borsa Italiana (+101 bps m/m), Cboe DXE Europe (+100 bps m/m) and Deutsche Borse (+69 bps m/m) gained the most on-venue market share among European venues; Euronext Paris (-113 bps m/m), SIX Swiss Exchange (-76 bps m/m) and the London Stock Exchange (-67 bps m/m) lost the most.
- Of the major national listing exchanges, Nasdaq Stockholm (+419 bps m/m, SE 30) and Bolsas y Mercados Españoles (+296 bps m/m, ES 35) gained the most market share in their home indices. Deutsche Borse (-256 bps m/m, DE 40) and Euronext Lisbon (-168 bps m/m, PT 20) lost the most.
- Alternative closing-auction mechanisms accounted for 7.24% of total on-venue end-of-day activity in February, down 55bps m/m.
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