Best execution and broker governance require an objective, cross-venue view of market activity. But fragmented data makes performance evaluation difficult.
BMLL delivers harmonised and normalised historical market data and analytics, enabling asset managers to evaluate execution quality, benchmark brokers, and strengthen governance frameworks.
BMLL enables transparent, data-driven execution oversight across fragmented markets.
Measure execution quality with precision across liquidity pools and venues.
Rank and compare brokers using independent, harmonised and normalised datasets.
Track cross-venue liquidity to identify optimal execution paths.
Analyse spreads, depth, and microstructure behaviour to refine execution strategy.
| Platform | Benefit | Use Cases |
|---|---|---|
|
A secure cloud-based research environment that enables deep, scalable analysis of harmonised historical market data and pre-computed analytics without infrastructure overhead. |
• Custom TCA models • Broker benchmarking research • Market structure analysis |
|
Delivers normalised datasets and pre-computed analytics directly into your environment for seamless integration into existing workflows. |
• Enterprise TCA automation • Liquidity monitoring pipelines • Risk metric ingestion |
|
A no-code analytics platform that provides instant visibility into market quality and liquidity dynamics. |
• Execution reporting • Liquidity tracking • Market structure dashboards |
Access to our full range historical harmonised and normalised level 3, equities, futures, options and prediction markets market data, built in analytics and compute that scales across CPU and GPU. Built for alpha, insights, research, development and data science. Designed by quants.
16 June 2026
BMLL Market Lens: European Liquidity Maps
How you read the European tape depends on which viewpoint you take. This month only and in the context of ESMA current equity market structure call for evidence, we provide a lens built upon the notion of Real Economic Interest.
5 February 2026
UK market at close - where does liquidity really lie?
In 2025, UK closing auction activity increased significantly, with volumes rising from 33% to 42% of total lit trading. Although the primary exchange sets the official closing price, up to 20% of close-time trading now takes place on alternative venues such as MTFs and SIs, making visibility into close-price liquidity increasingly important.
21 November 2025
Competing in today’s dynamic markets with faster, smarter execution analytic
How a leading $1.5 Trillion AUM asset management firm leveraged BMLL data to optimize TCA workflows
Discover how BMLL helps trading desks optimise execution and market insight
