[ D ATA ]
Fragmentation
in Europe
LiquidMetrix analyses consolidated performance figures for stocks on major
European indices and the changes from the previous quarter.
T
he charts and figures below are based upon Liq-
uidMetrix’s unique benchmarking methodology
that provides accurate measurements of trends in
Based on fragmented European stocks
Market Value Traded
(€billion/day)
Q2 2018 27.81% €35.33bn
Q3 2018 26.68% €31.55bn
Q4 2018 27.47% €33.80bn
Q1 2019 26.29% €30.90bn
There was a slight decrease in MTF market share,
and a corresponding decrease in market value
traded in Q1 2019 when compared with the last
quarter of 2018. The Q1 lit market value traded
dipped below the figures for Q3 2018.
160 38
140 36
120 34
100
80
60
32
30
28
26
40 24
20 22
0 20
94 // TheTrade // Spring 2019
MTF
MARKET SHARE
market movements. Trading Volumes on Lit markets
including auctions are taken into account, as well as
dark trading on the major MTFs.