The top execution venue for equities in 2008 was NYSE Euronext (Paris), according to Xtrakter’s league table.
The top execution venue for equities in 2008 was NYSE Euronext (Paris), according to Xtrakter’s league table.
The fourth edition tracks the movement of liquidity for both fixed income and equities during the whole of 2008 with additional analysis being provided on the last quarter.
The top five execution venues for equities for the whole of 2008 as processed by Xtrakter were as follows: in first place was the NYSE Euronext (Paris) with 17.69 per cent; in second place was Chi-x Europe with 9.92 per cent; in third place was Deutscher Kassenverein with 8.10 per cent; in fourth place was the London Stock Exchange with 6.83 per cent; and in fifth place was Deutsche Boerse with 6.30 per cent.
When reviewing the combined venues of executions, the NYSE Euronext and the Deutsche Börse group of companies captured 23.96 per cent and 14.38 per cent respectively.
OTC execution represented 21.96 per cent of all equity trades conducted by Xtrakter clients during this period.
The top five execution venues for fixed income in 2008 were: Tradeweb Europe with 2.13 per cent; MTS S.P.A with 1.60 per cent; ICAP Electronic Brokering (Europe) with 1.54 per cent; Bondvision with 0.60 per cent; and NYSE Euronext (Amsterdam) with 0.54 per cent.
The MTS group of companies captured 3.71 per cent of the total share. OTC remained the preferred method for Xtrakter clients to execute fixed income trades during 2008 representing 89.17 per cent of the total.
