BMLL is proud to have the FCA among its clients

FCA using the BMLL Data Lab, BMLL Data Feed and Visualisation Tools

London, 25 July 2022:

BMLL Level 3 Data provides full transparency of the order book, derived from every single insert, modify, execute or delete order message across every venue. Using the BMLL Data Lab, the BMLL Data Feed, and BMLL visualisation tools, the Financial Conduct Authority (FCA) can access granular data to examine the behaviour of each individual order, including order fill probability, order resting time and order queue dynamics.

This full picture of market quality, liquidity and order book dynamics provides the FCA with deep insight to better understand how Capital Markets firms are interpreting and benefiting from regulatory guidelines.

Paul Humphrey, CEO of BMLL, said: “The FCA has very clearly set out its strategy to become a data driven regulator. This goes across multiple aspects of the financial markets. We are very proud to play our part in delivering on this strategy, working with the FCA specifically to help it analyse how markets behave, by providing granular Level 3 data and analytics to its team of data scientists.”