Your shortcut to smarter execution analytics

By combining granular trade data with BMLL’s level 3 insights and analytics, Trades Plus saves you coding effort and computation time with data you can use immediately to accelerate your research.

• Unlock execution intelligence - Benchmark trades against best execution standards (e.g. arrival price, VWAP), calculate quote-driven analytics such as spread capture, price improvement, and build out pre and post-trade markouts to analyse adverse impact trends.
• See every trade in context - Filter trades using enriched classifications and flags (e.g. identify hidden/dark, aggressor side, odd-lot, block, retail trades, MMT fields), analyse addressable volume consistently using BMLL’s normalised trade classifications globally across complex, fragmented markets.
• Gain a complete picture - One easy-to-use table combining disparate datasets, such as data from the US consolidated tape (SIP) alongside proprietary data from each US venue feed. Quickly compare order book analytics or attributes for trades on an individual venue (BBO) versus the region-specific tape e.g. NBBO, CBBO.

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