mar ke t s h ar e s p r e ad s book d e p th s bes t pr ic es · 4 t r q x 234. 9 + 2.1 5 aq xe...

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LiquidMetrix Battlemap for ES-35 Current Period Comparison Period 01-Feb-2018 to 28-Feb-2018 01-Jan-2018 to 31-Jan-2018 Market Share Rank Venue Market Share Change 1 XMAD 70.15% -3.75 2 CHIX 15.62% +2.48 3 BATE 6.74% +0.12 4 TRQX 6.63% +0.91 5 AQXE 0.87% +0.24 Volume Trend _________________ Market Share Trend Spreads At touch Rank Venue Spread (bps) Change 1 XMAD 5.09 +0.49 2 CHIX 5.71 +0.29 3 AQXE 6.54 +0.65 4 TRQX 6.99 +0.56 5 BATE 7.12 +0.76 Monthly Spread Trend _________________ 25k EUR deal Rank Venue Spread (bps) Change 1 XMAD 7.22 +0.87 2 AQXE 9.70 +0.54 3 CHIX 11.15 +1.48 4 BATE 14.20 +1.79 5 TRQX 14.24 +0.44 Monthly Spread Trend Book Depths 10BPS Depth (top of book) Rank Venue Depth (1K EUR) Change 1 XMAD 238.0 -41.7 2 CHIX 79.8 -10.4 3 AQXE 70.1 +3.5 4 BATE 62.4 -4.9 5 TRQX 53.9 -1.8 Monthly Depth Trend _________________ 50BPS Depth (deeper into book) Rank Venue Depth (1K EUR) Change 1 XMAD 1,090.3 -32.7 2 CHIX 316.5 -9.9 3 BATE 255.8 +7.5 4 TRQX 234.9 +2.1 5 AQXE 190.5 -7.1 Monthly Depth Trend Best Prices At touch Rank Venue Best Price (%) Change 1 XMAD 13.70 +2.33 2 CHIX 4.75 -0.02 3 AQXE 2.91 +0.41 4 TRQX 2.69 +0.10 5 BATE 2.52 -0.08 Best Prices Trend _________________ 25k EUR deal Rank Venue Best Price (%) Change 1 XMAD 58.64 +0.71 2 CHIX 11.94 -1.71 3 AQXE 8.34 +3.43 4 BATE 4.40 -0.99 5 TRQX 4.22 +0.02 Best Prices Trend Market share is based on on-book value traded during continuous trading. The share is calculated by averaging over all stocks in the index. The current value shown is for last week and the change is relative to the previous week. Spreads measure the bid to offer spread of the best visible orders in the book. The result is averaged over the stocks in the index and is based on measurements of the order books every 30 seconds. The value for the spread is quoted in basis points (0.01%). Market depth measures the amount of visible liquidity (bids and offers) in the order book within 10 or 50 BPS of mid price. The result is averaged over the stocks in the index and is based on measurements of the order book every 30 seconds. This is quoted in '000s of EUR. Best Price % measures how often each venue posts an absolute best price (no ties) for stocks. The result is averaged over the stocks in the index and is based on measurements of the order book every 5 seconds.

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Page 1: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

ES-35

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 70.15% -3.75

2 CHIX 15.62% +2.48

3 BATE 6.74% +0.12

4 TRQX 6.63% +0.91

5 AQXE 0.87% +0.24

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.09 +0.49

2 CHIX 5.71 +0.29

3 AQXE 6.54 +0.65

4 TRQX 6.99 +0.56

5 BATE 7.12 +0.76

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 7.22 +0.87

2 AQXE 9.70 +0.54

3 CHIX 11.15 +1.48

4 BATE 14.20 +1.79

5 TRQX 14.24 +0.44

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 238.0 -41.7

2 CHIX 79.8 -10.4

3 AQXE 70.1 +3.5

4 BATE 62.4 -4.9

5 TRQX 53.9 -1.8

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,090.3 -32.7

2 CHIX 316.5 -9.9

3 BATE 255.8 +7.5

4 TRQX 234.9 +2.1

5 AQXE 190.5 -7.1

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 13.70 +2.33

2 CHIX 4.75 -0.02

3 AQXE 2.91 +0.41

4 TRQX 2.69 +0.10

5 BATE 2.52 -0.08

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 58.64 +0.71

2 CHIX 11.94 -1.71

3 AQXE 8.34 +3.43

4 BATE 4.40 -0.99

5 TRQX 4.22 +0.02

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 2: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Abertis Infraestructuras SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 63.21% -1.12

2 CHIX 17.00% +3.79

3 TRQX 10.04% -4.02

4 BATE 8.44% +0.92

5 AQXE 1.31% +0.44

6 XWBO 0.00% +0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 CHIX 3.99 -0.21

2 XMAD 4.05 +0.04

3 BATE 4.78 -0.15

4 AQXE 4.84 +0.05

5 TRQX 4.85 -0.21

6 XWBO 42.90 -21.87

7 LSE2 415.37 +0.84

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 5.11 +0.24

2 CHIX 5.37 -0.39

3 AQXE 6.65 -0.61

4 BATE 7.57 -0.07

5 TRQX 7.79 -0.63

6 XEQT n/a n/a

7 XWBO 199.32 -23.49

8 LSE2 415.37 +0.84

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 405.9 -133.2

2 CHIX 201.2 +19.8

3 BATE 134.7 +8.9

4 TRQX 106.7 +14.1

5 AQXE 102.6 +8.5

6 XWBO 2.8 +0.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,252.5 -392.4

2 CHIX 538.9 +38.5

3 BATE 394.8 +23.9

4 TRQX 361.9 +38.5

5 AQXE 193.4 +5.7

6 XWBO 20.4 +1.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 5.38 +0.12

2 AQXE 2.42 +0.93

3 CHIX 1.98 +0.08

4 TRQX 1.50 -0.37

5 BATE 1.41 -0.20

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 27.18 -7.31

2 CHIX 15.14 +2.94

3 AQXE 4.71 +1.96

4 TRQX 3.34 +0.18

5 BATE 2.77 +0.12

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 3: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

ACS Actividades de Construccion y Servicios SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 63.79% -7.29

2 CHIX 20.62% +5.15

3 TRQX 9.02% +1.08

4 BATE 5.69% +0.63

5 AQXE 0.87% +0.43

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.43 +0.47

2 CHIX 6.91 +0.59

3 TRQX 8.06 -0.18

4 BATE 8.45 -0.24

5 AQXE 8.60 +1.15

6 XWBO 20.62 -25.96

7 LSE2 412.30 +1.93

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.09 +0.65

2 CHIX 12.66 +1.44

3 AQXE 14.78 +0.20

4 TRQX 19.52 +3.49

5 BATE 26.07 -4.08

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 412.30 +1.93

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 123.4 -7.7

2 CHIX 60.0 -19.7

3 AQXE 45.5 -6.7

4 TRQX 32.8 -5.7

5 BATE 23.0 +1.0

6 XWBO 11.4 -5.2

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 994.8 +306.3

2 CHIX 224.1 -35.5

3 AQXE 174.7 +14.3

4 TRQX 105.2 +8.6

5 BATE 83.6 +13.3

6 XWBO 17.8 -1.9

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 11.46 +2.81

2 CHIX 4.12 -0.71

3 AQXE 2.37 +0.49

4 BATE 2.02 -1.36

5 TRQX 1.81 -0.56

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 58.76 +12.75

2 CHIX 24.59 -9.42

3 TRQX 7.39 -4.18

4 AQXE 4.56 +1.21

5 BATE 0.53 -0.11

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 4: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Acerinox SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 71.95% -3.01

2 CHIX 11.89% +2.26

3 TRQX 7.79% +0.51

4 BATE 7.73% +0.25

5 AQXE 0.64% -0.01

6 XWBO 0.00% +0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 8.85 +0.27

2 CHIX 11.39 -0.08

3 BATE 12.60 +0.88

4 TRQX 12.86 +1.59

5 AQXE 13.25 +1.66

6 XWBO 136.84 -1.06

7 LSE2 422.47 +3.55

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 13.91 +0.35

2 AQXE 25.31 +0.07

3 BATE 29.33 +1.84

4 CHIX 31.23 -2.14

5 TRQX 35.01 +0.85

6 XWBO 148.26 -21.56

7 XEQT n/a n/a

8 LSE2 422.47 +3.55

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 71.2 -2.5

2 AQXE 19.8 +3.2

3 CHIX 17.6 +2.5

4 BATE 16.2 -3.0

5 TRQX 12.8 -3.8

6 XWBO 4.9 +0.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 891.2 -224.1

2 BATE 102.8 +3.5

3 CHIX 96.0 +14.9

4 TRQX 83.8 +3.6

5 AQXE 65.4 -19.2

6 XWBO 5.0 -5.8

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.45 +3.29

2 CHIX 2.82 -0.50

3 TRQX 1.70 -0.04

4 BATE 1.41 -0.56

5 AQXE 0.80 +0.22

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 87.28 -0.26

2 AQXE 4.78 +2.27

3 CHIX 4.67 +1.79

4 BATE 1.75 -2.24

5 TRQX 0.94 -1.41

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 5: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Aena SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.97% +7.79

2 CHIX 16.38% -3.22

3 TRQX 10.01% -2.74

4 BATE 6.80% -1.86

5 AQXE 0.84% +0.03

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.17 +0.29

2 CHIX 6.54 -0.41

3 AQXE 7.47 +0.70

4 TRQX 7.85 +1.27

5 BATE 8.02 -0.05

6 XWBO 45.65 -14.96

7 LSE2 498.49 -0.28

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.05 +0.70

2 TRQX 11.49 +2.44

3 CHIX 12.07 +2.77

4 AQXE 12.19 +0.59

5 BATE 16.10 +2.48

6 XEQT n/a n/a

7 XWBO 234.81 +10.50

8 LSE2 498.49 -0.28

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 189.5 -7.8

2 TRQX 76.7 -36.6

3 CHIX 69.4 -62.3

4 AQXE 57.2 -2.7

5 BATE 44.8 -22.9

6 LSE2 n/a n/a

7 XWBO n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 862.6 -84.3

2 TRQX 313.7 -65.9

3 CHIX 279.4 -121.2

4 BATE 237.7 -41.3

5 AQXE 177.6 -8.4

6 XWBO 19.4 -0.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 9.51 +1.87

2 CHIX 4.17 +0.38

3 BATE 2.58 -0.33

4 AQXE 2.23 +0.87

5 TRQX 2.10 +0.62

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 45.10 +16.22

2 TRQX 23.10 +0.41

3 CHIX 12.90 -12.06

4 AQXE 6.24 +4.03

5 BATE 1.82 -0.35

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 6: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Amadeus IT Holding SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.16% -10.26

2 CHIX 20.07% +6.03

3 BATE 5.82% +1.90

4 TRQX 5.35% +2.21

5 AQXE 0.60% +0.13

6 LSE2 0.00% +0.00

7 XWBO 0.00% -0.01

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.27 +0.38

2 CHIX 6.28 +0.63

3 AQXE 7.85 +0.55

4 BATE 8.58 +0.90

5 TRQX 9.12 +1.08

6 XWBO 29.89 -25.46

7 LSE2 414.46 -4.10

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 8.11 +0.73

2 CHIX 8.99 +1.43

3 AQXE 11.56 +0.76

4 BATE 13.29 +0.51

5 TRQX 13.99 +0.11

6 XEQT n/a n/a

7 XWBO 226.13 +88.27

8 LSE2 414.46 -4.10

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 236.5 -112.5

2 CHIX 121.5 -36.5

3 BATE 62.2 -8.5

4 AQXE 61.0 -4.1

5 TRQX 53.7 -5.8

6 XWBO 13.5 -4.2

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,281.3 +67.6

2 CHIX 489.8 -9.7

3 BATE 359.2 +34.0

4 TRQX 337.2 +31.5

5 AQXE 194.1 +4.7

6 XWBO 19.4 -17.1

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 8.27 +1.17

2 CHIX 5.30 -0.58

3 AQXE 3.91 +1.56

4 TRQX 3.02 +0.59

5 BATE 2.70 +0.34

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 44.56 +8.22

2 CHIX 25.65 -7.22

3 AQXE 4.61 +1.39

4 BATE 1.86 +0.21

5 TRQX 1.21 +0.37

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 7: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Acciona SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.26% -4.76

2 CHIX 17.26% +2.91

3 BATE 6.97% +2.14

4 TRQX 2.83% -0.22

5 AQXE 0.68% -0.06

6 LSE2 0.00% +0.00

7 XWBO 0.00% -0.01

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 9.65 +1.61

2 CHIX 12.45 +1.14

3 AQXE 13.06 +1.68

4 BATE 14.35 -1.91

5 TRQX 28.63 +5.89

6 XWBO 32.19 -30.73

7 LSE2 423.42 +5.46

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 13.24 +2.34

2 AQXE 21.47 -0.12

3 CHIX 41.61 +4.13

4 BATE 49.04 +2.79

5 TRQX 62.18 +4.82

6 XEQT n/a n/a

7 XWBO 218.98 -8.65

8 LSE2 423.42 +5.46

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 100.7 -51.6

2 AQXE 23.2 -2.4

3 CHIX 17.9 -0.9

4 XWBO 13.1 -3.7

5 BATE 11.7 +1.9

6 TRQX 2.0 -2.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 830.3 -71.3

2 AQXE 76.8 -28.1

3 CHIX 70.9 +3.3

4 BATE 57.5 +0.1

5 TRQX 51.8 -0.6

6 XWBO 19.7 +0.3

7 XEQT 6.8 +0.1

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 29.54 +1.47

2 CHIX 11.24 -2.53

3 BATE 5.72 +0.56

4 AQXE 4.40 +0.57

5 TRQX 3.94 -0.48

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 88.61 -3.09

2 AQXE 5.14 +1.73

3 CHIX 4.92 +1.82

4 BATE 0.57 -0.21

5 TRQX 0.11 -0.15

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 8: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Banco Bilbao Vizcaya Argentaria SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.29% +0.05

2 CHIX 15.64% +1.18

3 TRQX 9.46% -0.19

4 BATE 4.86% -1.31

5 AQXE 0.75% +0.28

6 ENXT 0.00% +0.00

7 LSE2 0.00% +0.00

8 XWBO 0.00% +0.00

9 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 AQXE 3.72 +0.38

2 XMAD 3.75 +0.57

3 CHIX 3.85 +0.45

4 TRQX 4.12 +0.31

5 BATE 5.15 +0.86

6 XWBO 5.40 -5.74

7 LSE2 499.36 +0.70

8 ENXT 501.00 +0.04

9 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 5.20 +0.85

2 AQXE 5.62 +0.16

3 TRQX 5.93 +0.20

4 CHIX 6.15 +0.49

5 BATE 8.28 +0.76

6 ENXT n/a n/a

7 XWBO n/a n/a

8 XEQT n/a n/a

9 LSE2 499.36 +0.70

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 754.9 -128.8

2 TRQX 245.3 -0.9

3 AQXE 234.1 +32.2

4 CHIX 226.9 -13.4

5 BATE 161.6 -7.6

6 XWBO 19.0 +4.6

7 ENXT n/a n/a

8 LSE2 n/a n/a

9 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,300.7 -63.0

2 CHIX 1,015.5 -25.0

3 TRQX 915.7 +2.1

4 BATE 771.5 -8.2

5 AQXE 418.0 -40.1

6 XWBO 19.8 -2.1

7 ENXT n/a n/a

8 LSE2 n/a n/a

9 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.02 +1.45

2 AQXE 9.44 +3.86

3 CHIX 7.08 +0.08

4 TRQX 6.54 +0.48

5 BATE 4.67 +0.05

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 38.33 -8.97

2 TRQX 22.80 -0.16

3 AQXE 20.19 +11.07

4 CHIX 13.29 -1.27

5 BATE 1.07 -0.84

Best Prices Trend

Page 9: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

BANKIA SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 67.40% -0.57

2 CHIX 19.41% +1.87

3 BATE 6.69% -1.63

4 TRQX 5.92% +0.17

5 AQXE 0.58% +0.15

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.88 +0.95

2 CHIX 7.21 +0.49

3 AQXE 7.83 +1.21

4 BATE 8.98 -1.02

5 TRQX 11.06 +1.12

6 XWBO 12.01 -11.26

7 LSE2 416.80 +7.99

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.30 +0.92

2 AQXE 13.21 -1.59

3 CHIX 15.97 +2.46

4 BATE 19.37 +3.23

5 TRQX 26.01 +4.45

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 416.80 +7.99

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 177.5 -1.7

2 AQXE 65.8 -9.8

3 CHIX 50.7 -11.8

4 BATE 35.5 -6.4

5 TRQX 24.8 -10.2

6 XWBO 17.5 +4.1

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 894.0 +209.7

2 AQXE 230.1 -36.1

3 CHIX 143.4 -17.4

4 BATE 109.1 -11.0

5 TRQX 99.8 -6.2

6 XWBO 19.5 -2.3

7 XEQT 7.8 +0.1

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 19.98 +3.58

2 CHIX 7.93 -0.04

3 TRQX 4.77 +1.44

4 BATE 4.40 +0.16

5 AQXE 4.39 +0.99

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 69.37 +5.62

2 CHIX 16.30 -10.77

3 AQXE 8.72 +6.39

4 BATE 2.27 -1.50

5 TRQX 1.05 -0.68

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 10: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Bankinter SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.44% -1.67

2 CHIX 17.13% +3.35

3 BATE 11.85% -3.41

4 TRQX 5.05% +1.52

5 AQXE 0.53% +0.21

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.23 -0.13

2 CHIX 7.31 -1.03

3 BATE 7.77 +0.78

4 AQXE 8.34 +0.71

5 TRQX 11.78 -2.64

6 XWBO 45.03 -26.92

7 LSE2 411.19 -2.06

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.34 +0.51

2 AQXE 13.87 -1.50

3 BATE 15.18 +2.34

4 CHIX 28.28 +2.70

5 TRQX 44.45 +10.67

6 XWBO 149.60 -47.20

7 XEQT n/a n/a

8 LSE2 411.19 -2.06

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 125.9 -27.6

2 AQXE 61.4 +3.5

3 BATE 51.5 -9.4

4 CHIX 31.3 +0.8

5 TRQX 16.1 +3.2

6 XWBO 14.5 +3.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 526.3 -181.3

2 AQXE 180.8 -5.9

3 BATE 125.1 -20.4

4 CHIX 89.8 -7.6

5 TRQX 65.5 +2.5

6 XWBO 21.8 +2.2

7 XEQT 5.5 -0.2

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.69 +5.63

2 CHIX 3.95 +0.39

3 BATE 1.23 -3.05

4 TRQX 1.10 +0.42

5 AQXE 0.02 -0.11

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 60.98 +11.26

2 BATE 22.98 -18.91

3 AQXE 8.68 +6.32

4 CHIX 6.61 +1.72

5 TRQX 0.24 +0.10

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 11: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

CaixaBank

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.09% -2.03

2 CHIX 19.67% +2.39

3 TRQX 5.43% -0.30

4 BATE 5.18% -0.20

5 AQXE 0.63% +0.15

6 XWBO 0.00% -0.01

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.33 +0.46

2 CHIX 5.72 +0.21

3 AQXE 6.77 +0.70

4 BATE 9.04 +1.31

5 TRQX 9.10 +2.35

6 XWBO 101.40 +16.05

7 LSE2 412.36 -0.28

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 7.85 +0.80

2 CHIX 9.90 -0.03

3 AQXE 11.07 +0.88

4 BATE 13.48 +0.77

5 TRQX 14.20 +1.61

6 XWBO 143.56 +52.52

7 XEQT n/a n/a

8 LSE2 412.36 -0.28

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 325.6 -35.8

2 CHIX 105.2 -7.9

3 BATE 79.9 +10.8

4 AQXE 79.5 +4.2

5 TRQX 60.7 -3.0

6 XWBO 0.1 +0.0

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,420.4 -44.9

2 CHIX 476.2 -5.3

3 BATE 441.3 +64.8

4 TRQX 356.1 +3.2

5 AQXE 264.5 +29.3

6 XWBO 32.7 -83.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.77 +6.22

2 CHIX 10.11 +1.21

3 AQXE 4.69 +0.68

4 BATE 4.13 -0.23

5 TRQX 3.54 -1.23

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 64.03 +2.37

2 CHIX 23.12 -1.40

3 AQXE 6.53 -0.82

4 TRQX 1.79 -0.13

5 BATE 1.72 +0.09

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 12: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Cellnex Telecom SAU

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.01% +0.23

2 CHIX 18.22% +1.44

3 BATE 7.03% -1.11

4 TRQX 5.57% -1.08

5 AQXE 1.16% +0.52

6 XWBO 0.01% 0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 8.58 +0.84

2 CHIX 11.12 -1.04

3 AQXE 13.42 +3.09

4 BATE 13.43 +2.53

5 TRQX 17.86 +3.47

6 XWBO 86.49 +1.35

7 LSE2 420.12 +2.79

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 12.29 +1.66

2 AQXE 25.27 +1.31

3 CHIX 33.26 +14.28

4 BATE 45.26 +18.35

5 TRQX 53.48 +17.00

6 XWBO 175.93 +81.69

7 XEQT n/a n/a

8 LSE2 420.12 +2.79

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 101.0 -21.7

2 CHIX 28.5 -10.3

3 AQXE 27.5 +2.5

4 BATE 16.7 -5.7

5 TRQX 10.0 -4.6

6 XWBO 5.2 +0.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 927.4 -111.6

2 CHIX 88.4 -42.1

3 BATE 63.0 -29.4

4 AQXE 60.9 -17.1

5 TRQX 57.0 -21.7

6 XWBO 16.7 -91.6

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.16 +6.89

2 CHIX 4.27 +0.52

3 TRQX 3.68 +0.22

4 BATE 2.95 +0.65

5 AQXE 2.45 +0.24

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 81.69 +4.86

2 CHIX 8.96 -4.04

3 AQXE 4.58 +2.97

4 BATE 0.65 -1.25

5 TRQX 0.41 -0.39

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 13: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

INMOBILIARIA COLONIAL SA INMOBILIARIA COLO

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.44% -4.56

2 CHIX 14.46% +2.36

3 BATE 9.16% +1.79

4 TRQX 6.52% +0.32

5 AQXE 0.43% +0.10

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 10.16 -0.86

2 CHIX 12.82 -4.27

3 BATE 14.56 -2.87

4 AQXE 16.30 +0.21

5 TRQX 18.05 -3.06

6 XWBO 141.31 -3.98

7 LSE2 497.11 -0.56

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 17.43 -1.10

2 CHIX 34.44 -16.58

3 BATE 34.64 -25.10

4 TRQX 45.66 -17.89

5 XWBO 152.33 +4.90

6 XEQT n/a n/a

7 AQXE n/a n/a

8 LSE2 497.11 -0.56

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 46.7 -0.9

2 CHIX 15.3 +2.7

3 BATE 12.3 +3.1

4 AQXE 9.9 +0.9

5 TRQX 7.8 +1.4

6 XWBO 6.2 +0.6

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 416.8 -1.4

2 CHIX 88.4 +13.2

3 BATE 82.5 +19.5

4 TRQX 66.5 +7.3

5 AQXE 33.5 -15.6

6 XWBO 8.8 +0.9

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 11.67 +0.55

2 CHIX 1.54 -0.43

3 BATE 1.00 +0.87

4 TRQX 0.32 -0.21

5 AQXE 0.08 -0.41

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 88.84 -2.56

2 CHIX 7.22 +2.94

3 BATE 2.84 +0.86

4 TRQX 0.32 -0.43

5 AQXE 0.10 -0.46

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 14: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Distribuidora Internacional de Alimentacion SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 56.83% -7.62

2 CHIX 30.45% +6.02

3 BATE 6.78% +0.50

4 TRQX 5.23% +0.86

5 AQXE 0.71% +0.27

6 XWBO 0.00% -0.02

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.75 +1.39

2 CHIX 8.70 +0.82

3 AQXE 11.14 +2.25

4 BATE 15.74 +4.03

5 TRQX 22.53 +6.44

6 XWBO 86.20 -10.94

7 LSE2 417.71 -2.78

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 14.39 +3.05

2 AQXE 17.60 +0.83

3 CHIX 26.52 +6.55

4 TRQX 40.85 +6.30

5 BATE 61.35 +25.67

6 XWBO 183.58 +70.53

7 XEQT n/a n/a

8 LSE2 443.16 +22.67

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 67.5 -30.5

2 AQXE 37.5 -6.2

3 CHIX 28.4 -15.7

4 BATE 13.2 -3.9

5 TRQX 5.0 -5.1

6 XWBO 0.3 -1.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 429.3 -63.4

2 AQXE 148.8 -10.7

3 CHIX 95.8 -35.1

4 BATE 54.9 -9.2

5 TRQX 38.5 -12.5

6 XWBO 15.7 -57.5

7 XEQT 2.5 +0.1

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 18.51 +2.27

2 CHIX 13.50 -0.92

3 BATE 5.75 -1.00

4 TRQX 4.85 +0.34

5 AQXE 4.47 +1.46

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 66.15 +5.89

2 AQXE 17.80 +9.48

3 CHIX 15.35 -14.18

4 BATE 0.31 -0.70

5 TRQX 0.14 +0.04

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 15: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Endesa SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 66.18% -6.82

2 CHIX 18.15% +4.67

3 TRQX 9.38% +1.42

4 BATE 5.40% +0.39

5 AQXE 0.88% +0.36

6 XWBO 0.00% -0.01

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.67 +0.65

2 CHIX 5.98 +0.21

3 AQXE 7.43 +0.83

4 TRQX 7.74 +0.96

5 BATE 8.77 -0.07

6 XWBO 42.72 -2.85

7 LSE2 414.14 -2.68

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 8.80 +1.01

2 AQXE 12.83 +0.51

3 CHIX 13.99 +2.38

4 TRQX 17.34 +2.10

5 BATE 21.66 +2.26

6 XEQT n/a n/a

7 XWBO 221.78 +86.96

8 LSE2 414.14 -2.68

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 179.9 -54.7

2 AQXE 57.8 -0.6

3 CHIX 53.1 -9.0

4 TRQX 51.0 -1.6

5 BATE 30.3 -5.9

6 XWBO 13.9 -7.0

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 976.0 -44.9

2 AQXE 184.5 +13.6

3 CHIX 155.6 -10.2

4 TRQX 149.5 +28.2

5 BATE 100.9 -3.3

6 XWBO 19.0 -20.6

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.29 +3.25

2 CHIX 6.07 +0.03

3 TRQX 2.42 +0.27

4 BATE 2.40 -0.52

5 AQXE 2.01 -0.39

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 56.73 +1.77

2 TRQX 17.08 -0.97

3 CHIX 16.13 -2.52

4 AQXE 6.09 +3.11

5 BATE 0.78 -0.52

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 16: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Enagas SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 60.32% -6.98

2 CHIX 22.59% +4.37

3 TRQX 9.41% +1.69

4 BATE 6.33% +0.49

5 AQXE 1.35% +0.43

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 CHIX 7.14 -0.06

2 XMAD 7.29 +1.04

3 AQXE 8.49 +0.41

4 TRQX 9.16 +1.00

5 BATE 9.24 +0.40

6 XWBO 33.68 -22.34

7 LSE2 413.90 -2.53

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.95 +2.01

2 CHIX 15.09 +3.66

3 AQXE 15.27 +1.94

4 BATE 28.77 +4.99

5 TRQX 31.05 +8.90

6 XEQT n/a n/a

7 XWBO 361.56 +122.50

8 LSE2 413.90 -2.53

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 141.8 -16.3

2 CHIX 55.3 -6.0

3 AQXE 46.5 -4.3

4 TRQX 28.9 -2.3

5 BATE 25.1 -0.4

6 XWBO 14.6 -2.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,418.0 +52.6

2 CHIX 175.2 -2.9

3 AQXE 164.6 +0.3

4 TRQX 104.1 +9.6

5 BATE 86.2 +2.6

6 XWBO 16.9 -2.2

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 5.18 +0.17

2 CHIX 2.91 +0.13

3 BATE 1.66 -0.06

4 AQXE 1.59 -0.63

5 TRQX 1.10 -0.22

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 54.85 +0.76

2 CHIX 25.89 +1.96

3 AQXE 7.00 +2.47

4 TRQX 3.78 +0.18

5 BATE 0.70 -0.12

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 17: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Ferrovial SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 64.88% -1.73

2 CHIX 19.46% +0.76

3 BATE 9.11% +0.23

4 TRQX 5.68% +0.67

5 AQXE 0.87% +0.07

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.61 +0.83

2 CHIX 5.91 +0.45

3 AQXE 7.10 +0.56

4 BATE 7.52 +1.23

5 TRQX 8.97 +0.57

6 XWBO 43.28 -5.64

7 LSE2 419.58 +3.91

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 8.89 +1.46

2 AQXE 11.99 +0.56

3 CHIX 12.13 +1.68

4 TRQX 19.75 +2.36

5 BATE 20.29 +5.32

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 419.58 +3.91

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 186.3 -34.7

2 AQXE 69.2 +2.7

3 CHIX 62.4 -19.5

4 BATE 46.0 -8.9

5 TRQX 29.9 -7.3

6 XWBO 2.9 -5.3

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 935.6 +1.7

2 CHIX 267.8 -38.8

3 AQXE 256.7 +32.7

4 TRQX 190.0 -15.5

5 BATE 116.9 -48.8

6 XWBO 18.2 -6.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.68 -0.40

2 CHIX 5.60 +0.61

3 TRQX 3.15 -0.11

4 BATE 2.92 +0.82

5 AQXE 2.81 +0.52

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 64.55 -0.47

2 CHIX 16.57 -2.70

3 AQXE 10.45 +5.09

4 BATE 5.23 -0.71

5 TRQX 0.88 +0.36

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 18: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Gamesa Corp Tecnologica SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.22% -0.01

2 CHIX 14.63% -0.74

3 BATE 5.65% +1.18

4 TRQX 3.78% -0.65

5 AQXE 0.72% +0.27

6 XWBO 0.00% -0.05

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 8.38 +0.27

2 CHIX 10.94 -0.06

3 AQXE 12.87 +0.15

4 BATE 13.36 -2.30

5 TRQX 14.95 -0.72

6 XWBO 47.03 -17.59

7 LSE2 417.72 +0.58

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.96 +0.12

2 CHIX 23.31 +2.66

3 AQXE 24.75 -1.59

4 TRQX 31.97 -1.16

5 BATE 33.00 +1.00

6 XEQT n/a n/a

7 XWBO 213.16 +76.57

8 LSE2 417.72 +0.58

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 112.3 -4.4

2 CHIX 25.4 -4.4

3 AQXE 20.4 +2.7

4 BATE 14.5 +1.5

5 TRQX 12.3 +0.3

6 XWBO 0.6 -5.0

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 990.1 +83.0

2 CHIX 145.7 -2.6

3 TRQX 95.2 +1.1

4 BATE 74.4 +1.4

5 AQXE 69.1 -20.3

6 XWBO 23.1 -32.3

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 CHIX 0.00 +0.00

2 TRQX 0.00 +0.00

3 BATE 0.00 +0.00

4 AQXE 0.00 +0.00

5 XMAD 0.00 +0.00

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 CHIX 0.00 +0.00

2 TRQX 0.00 +0.00

3 BATE 0.00 +0.00

4 AQXE 0.00 +0.00

5 XMAD 0.00 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 19: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Gas Natural SDG SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.58% +5.20

2 CHIX 19.83% -2.06

3 BATE 5.09% -2.79

4 TRQX 4.66% -0.42

5 AQXE 0.84% +0.08

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 CHIX 5.82 -1.30

2 XMAD 5.87 -0.77

3 AQXE 7.96 -0.92

4 BATE 9.90 -0.59

5 TRQX 11.35 +1.36

6 XWBO 12.80 -20.95

7 LSE2 420.41 +5.54

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.21 +0.28

2 CHIX 11.29 -0.12

3 AQXE 13.57 -0.38

4 TRQX 20.28 -3.44

5 BATE 24.69 +2.60

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 420.41 +5.54

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 198.8 -28.5

2 CHIX 76.4 -12.9

3 AQXE 57.5 -2.5

4 BATE 28.7 -2.2

5 TRQX 27.1 +1.5

6 XWBO 15.0 -2.6

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 951.3 -411.4

2 CHIX 282.6 +3.1

3 AQXE 180.4 +13.2

4 TRQX 122.4 -5.4

5 BATE 95.1 -6.3

6 XWBO 19.1 -3.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 14.22 +7.86

2 CHIX 10.76 +5.27

3 AQXE 3.15 +1.96

4 BATE 2.79 +0.93

5 TRQX 2.57 0.00

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 60.03 +10.43

2 CHIX 29.89 +2.75

3 AQXE 5.35 +2.20

4 TRQX 0.91 +0.44

5 BATE 0.74 -0.30

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 20: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

GRIFOLS CLASE A

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 63.13% -1.55

2 BATE 15.84% +1.91

3 CHIX 12.02% -1.72

4 TRQX 8.14% +1.04

5 AQXE 0.87% +0.33

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.73 +0.31

2 CHIX 8.98 +0.80

3 BATE 8.98 -0.11

4 TRQX 10.25 -0.79

5 AQXE 10.49 +0.98

6 XWBO 37.66 -16.91

7 LSE2 418.48 -3.08

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 13.12 +1.23

2 BATE 15.92 +0.66

3 AQXE 17.87 +0.65

4 CHIX 20.71 +3.06

5 TRQX 27.34 +0.16

6 XEQT n/a n/a

7 XWBO 343.62 +118.24

8 LSE2 418.48 -3.08

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 69.7 -31.2

2 BATE 43.0 -1.0

3 AQXE 34.9 -3.1

4 CHIX 26.8 -9.9

5 TRQX 19.7 -0.9

6 XWBO 11.1 -4.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 962.5 +73.0

2 CHIX 169.4 -12.9

3 AQXE 154.9 +21.7

4 BATE 152.3 +4.0

5 TRQX 94.7 +3.1

6 XWBO 18.6 -0.7

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 11.98 +1.58

2 CHIX 3.69 -1.41

3 BATE 2.88 -0.11

4 TRQX 2.73 -0.10

5 AQXE 2.02 +0.94

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 52.57 -2.84

2 BATE 32.43 +4.27

3 AQXE 6.33 +1.99

4 CHIX 4.36 -3.76

5 TRQX 1.93 +0.46

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 21: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

International Consolidated Airlines Group SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.13% -5.01

2 CHIX 14.79% +0.11

3 TRQX 10.95% +3.85

4 BATE 8.57% +1.09

5 AQXE 0.57% -0.03

6 XWBO 0.00% 0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.93 +0.06

2 CHIX 7.12 +0.38

3 TRQX 7.30 +0.19

4 AQXE 7.90 +0.38

5 BATE 8.48 +0.58

6 XWBO 32.65 -22.04

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.29 +0.86

2 TRQX 11.66 -0.31

3 CHIX 11.78 +0.61

4 AQXE 13.15 -0.24

5 BATE 13.46 +0.10

6 XEQT n/a n/a

7 XWBO 231.46 +42.35

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 165.4 -93.4

2 CHIX 92.5 -7.7

3 TRQX 79.0 +10.4

4 BATE 74.5 +3.9

5 AQXE 66.3 -9.2

6 XWBO 9.2 -0.4

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,168.4 +5.2

2 CHIX 801.9 +159.2

3 BATE 675.6 +201.6

4 TRQX 482.8 +35.1

5 AQXE 364.4 -4.8

6 XWBO 18.6 -19.9

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.80 +5.14

2 CHIX 6.24 -1.31

3 TRQX 4.66 -0.81

4 BATE 4.21 +1.04

5 AQXE 2.25 +0.66

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 56.75 -7.67

2 TRQX 21.94 +10.76

3 CHIX 12.55 -1.86

4 AQXE 4.41 +1.96

5 BATE 2.27 -2.03

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 22: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Iberdrola SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.60% -1.71

2 CHIX 15.86% +1.40

3 BATE 7.17% +0.20

4 TRQX 6.09% -0.08

5 AQXE 1.27% +0.19

6 XWBO 0.00% +0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 4.90 +0.48

2 CHIX 5.14 +0.39

3 BATE 5.83 +0.06

4 AQXE 6.02 +0.33

5 TRQX 6.14 +0.18

6 XWBO 10.59 -3.98

7 LSE2 409.85 -3.07

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 6.22 +0.64

2 AQXE 7.26 +0.35

3 CHIX 7.53 +1.20

4 BATE 8.78 +0.68

5 TRQX 8.89 +0.81

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 409.85 -3.07

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 535.9 +33.6

2 CHIX 159.2 -48.7

3 AQXE 158.8 +5.2

4 TRQX 132.1 +2.0

5 BATE 128.1 -14.8

6 XWBO 17.4 +3.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 2,291.5 +670.9

2 CHIX 582.4 -186.5

3 TRQX 538.7 +30.4

4 BATE 491.3 -77.2

5 AQXE 391.1 +16.3

6 XWBO 19.1 -2.7

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 9.05 +2.22

2 AQXE 3.22 +0.74

3 CHIX 2.19 -1.09

4 TRQX 1.80 -0.48

5 BATE 1.22 -0.50

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 37.42 +3.12

2 AQXE 14.27 +5.90

3 CHIX 9.37 -4.33

4 BATE 2.12 -0.17

5 TRQX 2.00 -0.63

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 23: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Indra Sistemas SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 70.75% -0.84

2 CHIX 10.47% -2.73

3 BATE 9.87% +1.04

4 TRQX 6.87% +1.90

5 AQXE 2.04% +0.64

6 LSE2 0.00% +0.00

7 XWBO 0.00% -0.02

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 15.35 +1.50

2 AQXE 19.80 +2.22

3 CHIX 20.03 +0.65

4 BATE 20.56 +0.23

5 TRQX 24.84 -0.13

6 XWBO 73.67 -10.01

7 LSE2 430.89 +6.91

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 22.01 +2.79

2 AQXE 37.10 +2.56

3 BATE 41.93 +0.67

4 CHIX 48.22 +7.61

5 TRQX 51.11 -7.02

6 XEQT n/a n/a

7 XWBO 213.69 -19.80

8 LSE2 430.89 +6.91

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 41.4 -6.1

2 AQXE 13.9 +1.4

3 BATE 10.1 +1.5

4 CHIX 8.1 -3.1

5 TRQX 5.0 +1.1

6 XWBO 0.1 -0.2

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 760.0 -102.5

2 BATE 76.9 +5.9

3 CHIX 69.7 -5.1

4 TRQX 65.1 +7.9

5 AQXE 58.8 -3.5

6 XWBO 18.2 -1.9

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.59 +3.55

2 TRQX 1.12 -0.24

3 CHIX 1.02 -0.25

4 BATE 0.85 -0.10

5 AQXE 0.53 -0.68

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 85.31 -6.06

2 AQXE 6.74 +2.63

3 BATE 2.38 +1.79

4 TRQX 1.85 +1.69

5 CHIX 1.42 -1.10

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 24: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

INDITEX

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 64.31% -2.69

2 CHIX 17.37% +0.96

3 BATE 9.92% -0.34

4 TRQX 6.91% +1.54

5 AQXE 1.48% +0.53

6 XWBO 0.00% 0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 CHIX 5.18 +0.47

2 XMAD 5.35 +0.32

3 BATE 5.72 +0.39

4 AQXE 6.10 +0.13

5 TRQX 6.57 +0.31

6 XWBO 18.52 -32.32

7 LSE2 498.28 -0.10

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 6.60 +0.34

2 AQXE 7.43 -0.26

3 CHIX 7.74 +0.54

4 BATE 8.61 -0.04

5 TRQX 9.97 -0.17

6 XEQT n/a n/a

7 XWBO 227.90 +4.61

8 LSE2 498.28 -0.10

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 572.8 +101.3

2 AQXE 166.3 +32.1

3 CHIX 163.9 -3.7

4 BATE 140.2 +3.4

5 TRQX 107.1 +19.6

6 XWBO 16.8 -1.3

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 2,842.8 +379.3

2 CHIX 561.1 -43.2

3 BATE 501.7 -6.6

4 TRQX 482.7 +16.6

5 AQXE 400.9 +30.8

6 XWBO 18.1 -0.1

7 XEQT 11.1 +0.6

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 5.84 +0.40

2 TRQX 2.23 -1.14

3 AQXE 1.75 -0.10

4 CHIX 1.48 -1.67

5 BATE 0.93 -0.02

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 28.25 -3.69

2 AQXE 13.83 +6.54

3 CHIX 7.65 -7.54

4 BATE 2.81 -2.73

5 TRQX 1.67 +0.55

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 25: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Mapfre SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 64.59% -3.30

2 BATE 13.55% -1.74

3 CHIX 13.04% +1.66

4 TRQX 7.96% +3.07

5 AQXE 0.86% +0.31

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.88 +0.82

2 BATE 9.73 +1.15

3 CHIX 10.32 +0.72

4 AQXE 10.82 +1.73

5 TRQX 12.48 -1.14

6 XWBO 54.97 -13.85

7 LSE2 417.20 -1.04

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 13.42 +2.76

2 BATE 18.01 +4.29

3 AQXE 18.58 +2.06

4 CHIX 28.96 +3.80

5 TRQX 37.02 -2.94

6 XWBO n/a n/a

7 XEQT n/a n/a

8 LSE2 417.20 -1.04

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 78.9 -28.3

2 BATE 43.0 -17.0

3 AQXE 35.4 -3.6

4 CHIX 21.3 -1.9

5 TRQX 15.4 +2.8

6 XWBO 4.2 +0.1

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 913.9 -77.0

2 AQXE 161.7 +1.7

3 BATE 151.2 -31.9

4 CHIX 98.3 -2.8

5 TRQX 75.5 +4.0

6 XWBO 17.5 -1.8

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 15.97 +7.02

2 CHIX 4.91 +0.49

3 TRQX 4.75 +1.04

4 BATE 4.36 +0.59

5 AQXE 2.44 +0.37

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 61.11 +0.65

2 BATE 26.20 -4.51

3 AQXE 7.33 +4.75

4 CHIX 2.94 +0.07

5 TRQX 1.30 +0.69

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 26: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

MELIA HOTELS INTERNATIONAL SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.46% -2.20

2 CHIX 13.59% -0.17

3 TRQX 8.73% +2.28

4 BATE 7.57% +0.18

5 AQXE 0.66% -0.08

6 LSE2 0.00% +0.00

7 XWBO 0.00% -0.01

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 14.13 +1.22

2 CHIX 17.15 -1.23

3 BATE 19.19 -1.48

4 TRQX 20.43 -0.47

5 AQXE 21.15 +3.54

6 XWBO 131.69 +2.67

7 LSE2 436.31 +11.69

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 20.00 +1.60

2 CHIX 39.50 +3.47

3 BATE 41.80 +0.47

4 TRQX 45.15 -5.11

5 XWBO 169.48 +30.80

6 XEQT n/a n/a

7 AQXE n/a n/a

8 LSE2 436.31 +11.69

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 50.9 0.0

2 CHIX 13.5 +0.2

3 BATE 9.7 +1.1

4 TRQX 9.0 +2.1

5 AQXE 8.6 +0.5

6 XWBO 3.7 +0.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 783.6 -83.7

2 CHIX 83.9 +6.6

3 TRQX 70.6 +9.7

4 BATE 70.2 +3.1

5 AQXE 26.1 -9.2

6 XWBO 10.5 -21.3

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 13.08 +2.87

2 CHIX 1.42 -0.83

3 BATE 0.71 -0.28

4 TRQX 0.69 -0.31

5 AQXE 0.58 -0.63

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 91.29 -2.68

2 CHIX 4.36 +0.45

3 TRQX 1.11 +0.78

4 BATE 1.09 +0.40

5 AQXE 0.03 -0.02

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 27: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Merlin Properties Socimi SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 66.70% -7.56

2 CHIX 18.25% +6.32

3 BATE 8.09% +0.54

4 TRQX 6.22% +0.37

5 AQXE 0.74% +0.34

6 XWBO 0.00% -0.01

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.61 -0.11

2 CHIX 8.48 -4.01

3 BATE 10.05 -1.24

4 AQXE 10.52 +0.43

5 TRQX 11.32 -0.65

6 XWBO 181.15 +38.86

7 LSE2 497.78 -0.06

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.24 +0.28

2 CHIX 17.02 -0.97

3 AQXE 21.21 -1.78

4 BATE 21.50 -1.59

5 TRQX 30.35 +2.70

6 XWBO 186.01 +43.73

7 XEQT n/a n/a

8 LSE2 497.78 -0.06

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 101.4 -3.2

2 CHIX 45.1 +6.1

3 AQXE 33.3 +9.0

4 BATE 27.5 +1.2

5 TRQX 17.3 -1.4

6 LSE2 n/a n/a

7 XWBO n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 598.8 +4.2

2 CHIX 153.1 +18.7

3 BATE 127.8 +24.4

4 TRQX 90.9 +2.2

5 AQXE 66.2 -12.8

6 XWBO 13.5 -31.0

7 XEQT 6.7 +0.7

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 7.01 -1.09

2 CHIX 1.85 -0.55

3 BATE 1.00 -0.19

4 TRQX 0.98 -0.42

5 AQXE 0.91 +0.45

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 71.78 -3.81

2 CHIX 17.28 +3.90

3 AQXE 3.17 +1.87

4 BATE 1.42 -1.50

5 TRQX 0.28 -0.47

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 28: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

ArcelorMittal

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 ENXT 66.39% +0.72

2 CHIX 11.78% +0.02

3 TRQX 6.96% -0.15

4 XMAD 6.65% -0.79

5 BATE 6.27% +0.48

6 XEQT 1.33% -0.42

7 AQXE 0.60% +0.14

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 ENXT 3.10 +0.42

2 AQXE 7.38 +0.39

3 BATE 7.46 -0.79

4 CHIX 7.78 -0.11

5 XMAD 7.94 +0.57

6 TRQX 11.10 +0.39

7 XEQT 62.50 +18.42

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 ENXT 4.19 +0.87

2 BATE 9.61 +0.60

3 CHIX 10.13 +1.62

4 XMAD 10.55 +1.35

5 AQXE 10.90 +0.62

6 TRQX 15.31 +2.51

7 XEQT 93.85 +24.49

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 ENXT 596.8 -229.0

2 XMAD 587.5 -416.0

3 BATE 189.3 -21.6

4 CHIX 186.7 -33.9

5 TRQX 99.3 -35.4

6 AQXE 81.5 -26.0

7 XEQT 2.1 -9.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 ENXT 2,675.7 -711.5

2 XMAD 1,790.2 -821.1

3 BATE 700.3 +118.7

4 CHIX 644.1 +82.0

5 TRQX 413.3 -27.4

6 AQXE 177.8 -75.6

7 XEQT 74.3 -61.9

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 ENXT 34.26 +5.74

2 TRQX 2.58 +0.20

3 AQXE 2.27 +0.68

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 ENXT 87.93 +5.02

2 TRQX 1.92 -0.42

3 AQXE 0.60 +0.41

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 29: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Red Electrica Corp SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 63.42% -4.20

2 CHIX 21.68% +4.08

3 BATE 8.43% +0.62

4 TRQX 5.69% +0.48

5 AQXE 0.79% -0.98

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.02 +0.75

2 CHIX 6.08 +0.92

3 BATE 7.29 +0.66

4 AQXE 7.43 +1.35

5 TRQX 10.01 +2.17

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.87 +1.34

2 AQXE 13.00 +1.86

3 CHIX 14.71 +4.01

4 BATE 25.05 +6.76

5 TRQX 31.17 +2.55

6 XEQT n/a n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 153.2 -16.7

2 AQXE 59.7 -1.5

3 CHIX 53.4 -12.6

4 BATE 29.6 -5.1

5 TRQX 14.3 -4.1

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 866.3 +1.6

2 AQXE 225.1 +36.4

3 CHIX 137.6 -54.8

4 BATE 87.7 -1.3

5 TRQX 68.4 +0.8

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 8.47 +1.80

2 CHIX 4.43 +0.91

3 AQXE 3.75 +0.23

4 TRQX 3.18 -0.04

5 BATE 1.88 -0.05

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 59.52 +9.10

2 CHIX 23.68 -4.18

3 AQXE 11.98 -1.63

4 BATE 1.72 -0.82

5 TRQX 0.17 -0.11

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 30: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Repsol YPF SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 67.46% -2.88

2 CHIX 13.27% +1.09

3 BATE 12.32% +0.69

4 TRQX 5.98% +0.83

5 AQXE 0.97% +0.26

6 XWBO 0.00% +0.00

7 LSE2 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 CHIX 5.74 +1.20

2 BATE 5.75 +1.02

3 XMAD 5.77 +1.47

4 TRQX 6.59 +1.36

5 AQXE 6.72 +1.39

6 XWBO 22.65 -6.35

7 LSE2 412.57 -1.23

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 7.59 +2.24

2 BATE 8.22 +1.85

3 AQXE 8.24 +1.43

4 CHIX 8.86 +2.08

5 TRQX 9.92 +2.22

6 XEQT n/a n/a

7 XWBO 237.16 +38.91

8 LSE2 412.57 -1.23

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 312.1 -153.4

2 BATE 138.0 -55.7

3 AQXE 110.0 -26.2

4 CHIX 104.9 -36.3

5 TRQX 84.6 -32.2

6 XWBO 13.9 -5.9

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,815.7 -121.9

2 BATE 405.4 -63.2

3 CHIX 396.4 -66.8

4 TRQX 363.9 -36.9

5 AQXE 287.7 -8.5

6 XWBO 18.8 -1.4

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 7.24 +3.26

2 BATE 2.13 +0.78

3 AQXE 1.91 -0.35

4 CHIX 1.68 +0.43

5 TRQX 1.22 +0.16

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 26.28 -1.67

2 BATE 16.06 +4.71

3 AQXE 10.27 +7.46

4 CHIX 6.70 +1.79

5 TRQX 2.29 +0.76

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 31: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Banco de Sabadell SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 66.47% -6.61

2 CHIX 20.85% +6.18

3 BATE 7.56% -1.22

4 TRQX 4.15% +1.38

5 AQXE 0.97% +0.28

6 LSE2 0.00% +0.00

7 XWBO 0.00% -0.01

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.75 -0.30

2 CHIX 7.14 -0.62

3 AQXE 8.14 +0.08

4 BATE 10.23 -0.10

5 TRQX 15.22 -5.35

6 XWBO 161.39 +17.28

7 LSE2 419.39 +0.67

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.10 -0.04

2 AQXE 12.28 -0.85

3 CHIX 13.18 -2.76

4 BATE 21.41 -3.58

5 TRQX 56.73 -78.13

6 XWBO 162.57 +17.95

7 XEQT n/a n/a

8 LSE2 419.39 +0.67

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 189.6 +5.3

2 AQXE 70.3 +11.4

3 CHIX 60.8 +10.2

4 BATE 53.0 -1.6

5 TRQX 13.0 +6.3

6 LSE2 n/a n/a

7 XWBO n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,142.3 +32.7

2 CHIX 265.8 +39.6

3 AQXE 259.6 +31.7

4 BATE 150.0 +8.9

5 TRQX 72.1 +24.1

6 LSE2 n/a n/a

7 XWBO n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.26 +2.10

2 CHIX 7.52 -0.11

3 AQXE 5.43 -0.26

4 TRQX 3.58 -0.01

5 BATE 2.72 -1.23

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 56.48 +0.27

2 AQXE 18.32 +7.23

3 CHIX 16.26 +3.58

4 BATE 6.59 -9.42

5 TRQX 0.07 -0.04

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 32: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Banco Santander SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 77.41% -5.52

2 CHIX 11.97% +3.21

3 TRQX 5.11% +1.84

4 BATE 4.76% +0.17

5 AQXE 0.71% +0.30

6 ENXT 0.04% +0.01

7 XMIL 0.01% 0.00

8 XWBO 0.00% +0.00

9 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 3.30 +0.26

2 AQXE 3.68 +0.21

3 XWBO 6.18 -3.36

4 BATE 19.75 -19.99

5 CHIX 22.87 -14.30

6 ENXT 30.84 -3.15

7 TRQX 35.63 -4.29

8 XMIL 62.42 +5.86

9 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 4.18 +0.42

2 AQXE 4.46 -0.11

3 TRQX 43.88 -17.51

4 ENXT 65.49 +2.50

5 BATE 66.82 +0.13

6 XMIL 70.01 +2.88

7 CHIX 73.35 +6.20

8 XWBO n/a n/a

9 XEQT n/a n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,132.4 -7.2

2 AQXE 306.7 +71.3

3 CHIX 187.1 +7.6

4 TRQX 184.1 +27.1

5 BATE 129.8 +1.0

6 XWBO 19.4 +0.7

7 XEQT 14.1 +0.2

8 ENXT 3.2 -2.5

9 XMIL 2.7 +0.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 2,161.5 -49.8

2 CHIX 576.8 -15.5

3 AQXE 542.0 -24.3

4 TRQX 460.6 +0.5

5 BATE 454.3 -10.9

6 XMIL 335.3 +181.5

7 ENXT 78.1 -23.5

8 XWBO 20.5 -1.5

9 XEQT 14.1 +0.2

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 13.20 +1.98

2 TRQX 4.35 -0.32

3 AQXE 4.26 +0.98

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 33.20 -3.79

2 AQXE 18.88 +9.09

3 TRQX 4.32 +0.94

Best Prices Trend

Page 33: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Telefonica SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.12% +0.67

2 CHIX 11.86% +1.17

3 TRQX 8.09% -0.74

4 BATE 4.26% -1.06

5 AQXE 0.65% -0.03

6 XMIL 0.01% -0.01

7 ENXT 0.01% +0.00

8 LSE2 0.00% +0.00

9 XWBO 0.00% 0.00

10 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 2.95 +0.37

2 TRQX 3.31 +0.31

3 AQXE 3.50 +0.37

4 BATE 4.31 +0.73

5 XWBO 4.66 -5.92

6 XMIL 39.28 +7.33

7 ENXT 117.22 +18.36

8 CHIX 245.47 +25.43

9 LSE2 499.06 -1.94

10 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 4.38 +0.64

2 TRQX 5.31 +0.07

3 AQXE 5.59 +0.40

4 CHIX 5.96 +0.23

5 BATE 7.46 +0.32

6 XMIL 104.41 -30.76

7 ENXT 134.83 +30.04

8 XWBO n/a n/a

9 XEQT n/a n/a

10 LSE2 500.15 -0.85

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 660.0 -122.2

2 TRQX 270.8 -47.0

3 CHIX 234.5 -12.3

4 AQXE 197.6 +0.6

5 BATE 180.6 -16.3

6 XWBO 18.2 +4.4

7 XEQT 9.8 +0.5

8 XMIL 1.3 -2.0

9 ENXT 1.2 -0.1

10 LSE2 0.5 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 CHIX 1,039.9 -27.3

2 TRQX 1,013.0 -53.3

3 XMAD 961.0 -106.2

4 BATE 847.7 -26.9

5 AQXE 312.0 -133.4

6 XMIL 81.6 +9.1

7 XWBO 19.1 -2.7

8 ENXT 16.3 -11.8

9 XEQT 9.8 +0.5

10 LSE2 5.2 +0.3

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.68 +7.83

2 AQXE 5.02 +3.34

3 TRQX 4.75 +2.02

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 49.16 +5.16

2 TRQX 21.15 -8.70

3 AQXE 14.43 +6.29

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

Page 34: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Mediaset Espana Comunicacion SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 57.68% -13.59

2 CHIX 23.54% +7.54

3 BATE 10.99% +3.76

4 TRQX 7.25% +2.17

5 AQXE 0.54% +0.14

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.57 -0.37

2 BATE 10.13 -1.34

3 CHIX 10.30 -1.90

4 AQXE 12.59 +1.11

5 TRQX 15.93 -4.90

6 XWBO 119.93 +2.93

7 LSE2 420.82 -1.01

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 17.12 +1.20

2 AQXE 20.10 -1.25

3 BATE 30.04 -4.90

4 CHIX 36.98 -2.39

5 TRQX 62.91 -2.14

6 XEQT n/a n/a

7 XWBO 278.74 +27.89

8 LSE2 420.82 -1.01

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 44.2 -11.7

2 AQXE 28.5 +2.9

3 BATE 22.9 +6.0

4 CHIX 20.4 +4.6

5 TRQX 8.9 +4.1

6 XWBO 0.1 +0.0

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 386.1 -29.6

2 AQXE 86.0 -24.9

3 CHIX 72.7 +5.5

4 BATE 72.4 +7.3

5 TRQX 54.0 +6.9

6 XWBO 20.0 +0.4

7 XEQT 4.7 +0.2

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 18.00 -3.37

2 CHIX 5.42 -0.10

3 BATE 3.69 -0.70

4 TRQX 1.50 +0.67

5 AQXE 0.07 -0.38

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 62.31 -17.29

2 AQXE 21.04 +7.60

3 CHIX 10.97 +7.16

4 BATE 5.48 +3.10

5 TRQX 0.12 +0.05

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 35: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

Tecnicas Reunidas SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.18% -2.77

2 CHIX 8.15% +1.64

3 TRQX 4.92% +1.11

4 BATE 4.87% -0.61

5 AQXE 1.88% +0.63

6 LSE2 0.00% +0.00

7 XWBO 0.00% 0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 13.63 +0.98

2 AQXE 17.57 +0.69

3 BATE 26.40 -2.03

4 CHIX 26.45 -4.24

5 TRQX 33.70 -3.62

6 XWBO 51.03 +1.71

7 LSE2 422.73 -14.70

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 20.49 +1.90

2 AQXE 30.10 +0.47

3 BATE 79.88 -39.06

4 CHIX 107.93 -23.59

5 TRQX 178.37 -55.04

6 XEQT n/a n/a

7 XWBO 223.19 +31.56

8 LSE2 422.73 -14.70

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 42.8 -8.1

2 AQXE 13.9 +1.8

3 BATE 4.3 +0.8

4 CHIX 4.0 +0.3

5 TRQX 2.4 +0.8

6 XWBO 1.3 -1.3

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 619.0 +91.0

2 AQXE 62.3 -22.0

3 BATE 41.6 +4.6

4 CHIX 38.5 +0.9

5 TRQX 37.0 +4.2

6 XWBO 19.2 -1.3

7 XEQT 5.8 +0.3

8 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 36.53 -2.24

2 AQXE 13.07 -0.43

3 CHIX 5.58 +0.02

4 TRQX 3.42 +0.64

5 BATE 2.63 -0.79

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 84.96 -3.90

2 AQXE 13.73 +4.60

3 CHIX 0.43 -0.39

4 TRQX 0.36 -0.03

5 BATE 0.24 -0.04

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 36: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 T R Q X 234. 9 + 2.1 5 AQ XE 190. 5 - 7.1 Monthl y Depth T rend Bes t Pr ic es At touc h R ank V eu B st Pri c (

LiquidMetrix Battlemap for

VISCOFAN SA

Current Period

Comparison Period

01-Feb-2018 to 28-Feb-2018

01-Jan-2018 to 31-Jan-2018

Market Share

Rank Venue Market

Share

Change

1 XMAD 70.19% -1.58

2 CHIX 13.28% +0.75

3 BATE 7.75% +0.27

4 TRQX 6.78% -0.15

5 AQXE 2.00% +0.71

6 LSE2 0.00% +0.00

7 XWBO 0.00% +0.00

8 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 15.18 +2.18

2 CHIX 17.38 +1.66

3 BATE 18.50 +0.27

4 AQXE 19.61 +1.95

5 TRQX 20.34 +0.15

6 XWBO 42.63 -34.61

7 LSE2 424.22 -1.45

8 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 21.27 +2.70

2 CHIX 40.79 +3.60

3 AQXE 41.11 +7.25

4 BATE 43.92 +0.01

5 TRQX 48.23 -5.76

6 XEQT n/a n/a

7 XWBO 374.98 +26.99

8 LSE2 424.22 -1.45

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 48.0 -2.5

2 AQXE 16.2 +1.6

3 CHIX 14.5 -0.6

4 XWBO 14.5 -1.8

5 BATE 11.2 +1.1

6 TRQX 7.8 +1.5

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 797.7 -38.5

2 CHIX 80.5 +2.3

3 AQXE 72.9 -29.6

4 BATE 69.8 +6.4

5 TRQX 64.5 +7.9

6 XWBO 18.7 -0.2

7 LSE2 n/a n/a

8 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.47 -3.84

2 TRQX 3.16 +1.33

3 CHIX 1.66 -0.52

4 AQXE 1.55 +0.08

5 BATE 1.14 +0.11

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 89.95 -2.15

2 CHIX 3.84 +0.57

3 AQXE 2.56 +0.86

4 BATE 0.71 +0.07

5 TRQX 0.54 +0.43

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.