Market quality
Market quality
In an increasingly fragmented market for European equities, it is difficult for investors and traders to judge the market quality of different trading venues on a continual basis. Xetra stands for first-class market quality, as shown by excellent results in comparison with other European trading venues.
Status: March 2021
Legend:
For pan-European trading venue operators, market shares take into account turnover on EU and UK trading venues. For spreads and best prices, EU trading venues are shown.
Market share | Market share is based on the order book volume. An average of all equities in the index is calculated. |
Spreads | For the spreads, the bid/ask spread of visible orders in the order book is measured. An average of all equities in the index is calculated from the result. |
Spreads „at touch“ | The bid/ask spread shown at the top of the order book. |
Spreads „25 k EURO deal“ | The bid/ask spread for an order volume of €25,000. |
Best prices | Best prices show how often a trading platform posts an absolute best share price (no ties). An average of all equities in the index is calculated from the result. |
Source: big XYT, own calculations