BMLL, a provider of harmonised, historical Level 3 Data and analytics, has announced a collaboration with Aquis Exchange (Aquis), operator of Pan-European equity trading exchanges, to provide its members with insights into market structure dynamics.
Using BMLL’s granular Level 3 Data and analytics, Aquis is able to monitor and evidence liquidity dynamics and provide its members with third-party, independent verification on the availability of passive liquidity on its own venues versus other European exchanges.
BMLL offers full order book transparency by bringing together granular Level 3 Data from 65 venues across equities, ETFs and futures in one harmonised format.