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Click here to download TOM’s July ‘14 Insight, a document describing matching statistics on TOM MTF and savings made for retail clients by TOM Smart Execution.
Equity orders
As of 18 June 2014 TOM Smart Execution is connected to BATS Chi-X Europe, adding a third venue to find best execution prices for equity orders. This month, 17,33% of the directly executable equity orders was executed on TOM MTF or BATS Chi-X Europe at a better price compared to Euronext. These trades saved on average EUR 5.41 per executed retail order.
Derivatives orders
This month, 24.4% of the directly executable derivatives orders was executed on TOM MTF at a better price compared to Euronext. These trades saved on average EUR 10.94 per executed retail order.
