Understanding US Market Data Evolution: Odd Lots, SIP Changes, and 24-Hour Trading

In this webinar, Dr. Elliot Banks, Chief Product Officer, and Rob Laible, Head of Americas, BMLL, explore the latest changes in U.S market structure. Using BMLL’s granular Level 3 Data, they examine the upcoming SEC Reg NMS changes, 24-hour trading and what this means for market participants. This session will cover:

- The key trends in US equity trading in the past year

- The impact of November’s SEC’s Reg NMS rule changes, and what changes are on the horizon

- The growth of 24-hour trading, and what we’ve learnt in 2025

- How you can use Level 3 data feeds to better understand hidden liquidity and other order types