Let There Be Light - European Edition

• The 42 alternative venues we track executed a record 19.70% of pan-European on-venue turnover in April, up 199 bps m/m (+249 bps y/y)
• Our universe accounted for 11.41% of consolidated turnover, including on-venue and OTC, down 36 bps m/m
• The European Union’s institutions have delegated key decisions on SI trading at midpoint and limits on dark trading to technical committees

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