- Systematic internalisers run by market makers accounted for a record share of European equity trading in February.
- XTX Markets, Citadel Securities and Jane Street all increased their daily value traded by more than 20% from January.
- XTX remains the largest, while Citadel Connect Europe established a narrow lead over Jane Street JX-EU.
- Periodic-auction books declined from the record level they set in January and dark books also lost ground.
- Deutsche Börse's Xetra Midpoint is having a relatively good start. The exchange-owned dark book executed more than double the value traded of Euronext's largest midpoint book in February.
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