1 February, 2023
Level 3 data: A portfolio manager’s key to liquidity risk measure in times of uncertainty
Amid challenging and volatile markets and negative stock performance in 2022, how can portfolio managers control portfolio liquidity risk effectively and maximise the returns from these investment decisions?Read more
18 November, 2022
European and US Trading Landscapes: A deeper look at how market microstructure has changed in 2022
This article analyses the differences between US and European microstructure through the lens of key topics in 2022, and examines their impact on market share, auction volumes, tick sizes and fragmentation.Read more
30 September, 2022
The impact of the LIBOR to SOFR transition on liquidity pockets
How traders can find the best liquidity throughout the complex: the phasing out of LIBOR is having a major impact on futures contracts previously referenced to that rate. We are taking a closer look at how this affects Eurodollar futures.Read more
18 May, 2022
Geopolitical events strain wheat futures market microstructure - taking a deeper look
Market conditions remain highly volatile. This is to be expected during such unprecedented market conditions, but different asset classes are affected in different ways. Here we examine what is happening in the order book for CME wheat futures.Read more
20 April, 2022
Inside the SIP and the microstructure of odd-lot quotes
This article examines the potential impact of recent SEC proposals through the use of Level 3 market data, which provides deep and important insights into the way markets and specific securities are trading across venues.Read more
23 March, 2022
Drivers and effects of Stock Market fragmentation - insights on SME stocks
Using the BMLL Data Lab, academics at Goethe University Frankfurt examined the effects of market fragmentation on trading and market quality of small and medium enterprise (SME) stocks.Read more
9 March, 2022
Level 3 insights - European and US trading landscapes: how they compare and contrast
Understanding the key differences in fragmentation, regulation and market microstructure between the US and European equities & ETFs markets improves decision making for global market participants.Read more
13 December, 2021
Trading strategies can be misled by using only traditional Level 1 Data: Level 3 Data reveals how
Arnaud Bossard, Data Scientist, analyses Italian stock Banco BPM (Ticker BAMI), trading on Borsa Italiana (XMIL), and finds looking at the depth of the order book and Level 3 Data is necessary to truly understand market behaviour.Read more
1 December, 2021
FinJS London panel session: Fintechs innovating with a new distribution model
BMLL, BondCliQ, IPC, Quant Insight and OpenFin discuss democratising app distribution in finance.Read more