Equiduct established itself in 2012 as one of the fastest growing trading venues in Europe with a 7% increase in turnover compared with 2011, which was achieved despite a 21% decline in turnover across all European lit order books. This growth has continued into 2013 with January proving to be a record breaking month for the platform, Equiduct can announce a record monthly turnover of€4.2 Billion aiding a record average daily turnover of €192 million.
As well as achieving record volumes Equiduct has also secured the market making services ofWinterflood and Virtu Financial Ireland to the platform.
Highlights
- A record monthly turnover:€ 4.2 billion (+38% vs Dec 12)
- A record average daily turnover:€ 192 million(+19% vs Dec 12)
- A record number of trades:763,500 (+47% vs Dec 12)
- Market Share onCAC40: 1.8% - BEL20: 1.5% - AEX25: 1.4%
- Addressable Market Share:0.7%
- Best Execution on PartnerEX:28%of trades were executed at a better price than on the Home Market,no trades received a worse price.
