NYSE Arca Europe, NYSE Euronext’s pan-European Multilateral Trading Facility (MTF), today reported that its market share reached a significant milestone, with an average of 1.10% and 1.02% traded in transaction value on the FTSE 100 and FTSE 250 stocks respectively in the last week.
Virginie Saade, Head of NYSE Arca Europe, commented: “The diversity of our market participants combined with the consistently ultra low latency of our Universal Trading Platform have allowed our volume and market share to reach new record levels.”
NYSE Arca Europe provides fast, easy and low-cost trading access across Europe, and has a unique position due to its integration with NYSE Euronext. Launched in March 2009, the platform has over 40 members, amongst them leading financial firms and high frequency traders from the UK as well as from continental Europe. These members can trade a total of 818 stocks via its ultra-low latency Universal Trading Platform, which for NYSE Arca Europe has an internal roundtrip time consistently averaging 120 microseconds.
A full instrument list can be found on NYSE Arca Europe’s website: