mar ke t s h ar e s p r e ad s book d e p th s bes t pr ic es...e s- 35 c urrent p eri od c omp ari...
TRANSCRIPT
![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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/1.jpg)
LiquidMetrix Battlemap for
ES-35
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 69.06% -3.02
2 CHIX 14.33% +1.35
3 BATE 7.00% +0.86
4 TRQX 5.55% +0.33
5 AQXE 4.06% +0.48
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.23 +0.49
2 AQXE 5.98 +0.33
3 CHIX 6.71 +0.73
4 BATE 8.87 +0.82
5 TRQX 12.51 +2.03
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.12 +0.66
2 AQXE 10.83 +0.26
3 CHIX 12.62 +1.17
4 BATE 17.28 +1.21
5 TRQX 21.51 +3.58
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 201.0 -2.4
2 CHIX 67.7 -10.4
3 AQXE 58.7 -3.4
4 BATE 46.8 -6.8
5 TRQX 22.3 -18.5
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,310.9 +108.0
2 CHIX 288.3 -15.7
3 BATE 238.4 -17.7
4 AQXE 228.0 -7.8
5 TRQX 96.0 -72.4
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 16.17 +2.35
2 AQXE 9.08 +1.80
3 CHIX 3.53 +0.21
4 TRQX 2.55 +0.44
5 BATE 2.46 +0.22
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 74.47 +0.51
2 AQXE 10.96 +2.33
3 CHIX 5.29 -0.94
4 BATE 0.85 -0.13
5 TRQX 0.36 -0.22
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/2.jpg)
LiquidMetrix Battlemap for
ACS Actividades de Construccion y Servicios SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 68.15% +0.85
2 CHIX 15.48% +0.18
3 BATE 6.67% -0.15
4 TRQX 5.07% -1.29
5 AQXE 4.63% +0.41
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.58 +0.40
2 AQXE 6.59 +0.30
3 CHIX 8.07 +0.82
4 BATE 11.80 +0.21
5 TRQX 18.50 +1.58
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.86 +0.62
2 CHIX 17.62 +1.69
3 AQXE 17.94 +2.79
4 BATE 29.56 +2.50
5 TRQX 56.33 +8.62
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 198.7 +0.9
2 CHIX 43.5 -5.1
3 AQXE 32.6 -7.4
4 BATE 22.5 -1.8
5 TRQX 12.3 -0.6
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,508.3 +42.1
2 CHIX 223.6 +51.7
3 AQXE 166.9 -18.0
4 BATE 90.7 -5.8
5 TRQX 61.8 -1.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 15.64 +2.46
2 AQXE 8.44 +1.73
3 CHIX 4.32 -1.93
4 TRQX 3.23 -0.07
5 BATE 3.15 -0.18
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 86.50 +0.97
2 CHIX 7.08 -0.69
3 AQXE 2.10 -0.50
4 BATE 0.76 +0.03
5 TRQX 0.32 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/3.jpg)
LiquidMetrix Battlemap for
Acerinox SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 73.41% -3.38
2 CHIX 10.99% +0.67
3 BATE 7.23% +1.29
4 AQXE 5.36% +0.67
5 TRQX 3.02% +0.75
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 9.10 +0.80
2 AQXE 9.94 +0.86
3 CHIX 18.71 +3.20
4 BATE 20.24 +3.79
5 TRQX 43.01 +9.71
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 15.71 +2.15
2 AQXE 23.23 +2.77
3 CHIX 60.68 +18.18
4 BATE 63.33 +18.85
5 TRQX 123.12 +24.14
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 57.8 -18.7
2 AQXE 25.0 -3.8
3 CHIX 7.1 -5.2
4 BATE 6.5 -3.8
5 TRQX 0.6 -1.2
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 622.8 -71.2
2 AQXE 105.4 -11.1
3 CHIX 51.9 -15.5
4 BATE 49.7 -13.3
5 TRQX 28.3 -5.2
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 25.00 +0.28
2 AQXE 17.61 +7.20
3 CHIX 1.76 +0.30
4 BATE 0.31 +0.03
5 TRQX 0.16 -0.02
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 86.93 -0.58
2 AQXE 13.77 +2.86
3 CHIX 0.59 -0.80
4 BATE 0.05 -0.04
5 TRQX 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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/4.jpg)
LiquidMetrix Battlemap for
Aena SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 57.57% -12.19
2 CHIX 18.08% +4.21
3 TRQX 10.19% +3.30
4 BATE 8.10% +2.07
5 AQXE 6.06% +2.61
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.07 +0.11
2 AQXE 5.73 -0.14
3 CHIX 5.86 +0.50
4 BATE 7.94 +0.64
5 TRQX 8.86 +0.48
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.66 +0.28
2 CHIX 10.80 +1.69
3 AQXE 10.84 +0.62
4 BATE 15.22 +2.20
5 TRQX 27.54 +5.39
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 185.1 +6.8
2 CHIX 76.9 -14.4
3 AQXE 60.0 -2.9
4 BATE 47.1 -10.1
5 TRQX 22.5 -10.5
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,319.7 -34.4
2 CHIX 292.6 -32.6
3 AQXE 256.7 -7.0
4 BATE 240.5 -35.0
5 TRQX 82.3 -87.7
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 8.77 +0.41
2 AQXE 5.54 +0.75
3 TRQX 3.25 +0.28
4 CHIX 2.84 -0.05
5 BATE 2.32 +0.28
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 56.58 +9.70
2 AQXE 17.60 +2.25
3 CHIX 16.34 -6.25
4 BATE 1.58 -0.58
5 TRQX 1.42 -0.24
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/5.jpg)
LiquidMetrix Battlemap for
Amadeus IT Holding SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 59.94% -25.01
2 CHIX 19.69% +11.72
3 BATE 7.62% +4.78
4 TRQX 6.45% +3.97
5 AQXE 6.30% +4.54
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 4.46 +0.18
2 AQXE 5.19 +0.15
3 CHIX 5.51 +0.80
4 BATE 7.51 +1.44
5 TRQX 11.89 +4.82
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 6.02 +0.31
2 AQXE 6.73 +0.81
3 CHIX 8.14 +1.20
4 BATE 11.05 +1.70
5 TRQX 21.13 +5.02
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 356.9 -18.7
2 AQXE 147.4 -18.2
3 CHIX 140.6 -27.4
4 BATE 104.5 -13.3
5 TRQX 33.5 -35.8
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,672.9 -36.8
2 CHIX 543.8 -54.4
3 AQXE 534.9 -70.8
4 BATE 467.6 -29.8
5 TRQX 105.2 -188.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 11.70 +1.40
2 AQXE 5.70 +1.22
3 TRQX 4.74 +1.74
4 CHIX 3.97 +1.25
5 BATE 3.42 +0.44
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 39.03 +7.81
2 AQXE 32.16 +2.72
3 CHIX 9.97 -2.52
4 BATE 1.32 -0.03
5 TRQX 0.58 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/6.jpg)
LiquidMetrix Battlemap for
Acciona SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 68.86% -8.25
2 CHIX 12.51% +3.22
3 BATE 7.39% +1.94
4 TRQX 6.37% +3.20
5 AQXE 4.87% -0.11
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 13.94 +2.16
2 AQXE 15.48 +2.90
3 CHIX 18.79 +1.94
4 BATE 21.94 +3.43
5 TRQX 33.82 -3.72
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 15.98 +1.79
2 AQXE 31.45 +7.60
3 CHIX 39.07 -1.64
4 BATE 50.83 +0.48
5 TRQX 60.48 +4.85
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 109.2 +16.6
2 AQXE 22.6 -4.4
3 CHIX 21.1 +4.8
4 BATE 10.5 +2.1
5 TRQX 4.4 +2.4
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,234.2 +17.5
2 AQXE 105.5 -39.7
3 CHIX 89.0 +6.1
4 BATE 70.5 +5.6
5 TRQX 58.7 +14.7
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 6.60 -1.25
2 AQXE 1.44 -1.58
3 TRQX 1.14 +1.27
4 CHIX 1.05 +0.40
5 BATE 0.91 +0.89
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 74.97 -1.10
2 AQXE 6.67 -5.55
3 CHIX 2.54 +0.18
4 BATE 0.54 +0.28
5 TRQX 0.10 +0.08
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/7.jpg)
LiquidMetrix Battlemap for
Banco Bilbao Vizcaya Argentaria SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 65.02% -0.96
2 CHIX 17.03% +1.66
3 BATE 8.35% +1.05
4 TRQX 5.99% -2.30
5 AQXE 3.61% +0.55
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 3.63 +0.26
2 AQXE 4.26 +0.17
3 CHIX 4.75 +0.31
4 BATE 6.16 +0.45
5 TRQX 9.17 +2.66
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 5.17 +0.33
2 AQXE 6.15 +0.08
3 CHIX 7.16 +0.34
4 BATE 9.13 +0.53
5 TRQX 20.30 +9.74
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 468.5 -20.3
2 CHIX 189.1 -23.5
3 AQXE 150.7 -14.8
4 BATE 133.0 -18.2
5 TRQX 90.4 -142.3
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,708.7 +328.7
2 CHIX 882.1 -116.3
3 BATE 727.7 -86.0
4 AQXE 482.1 +6.0
5 TRQX 240.7 -456.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 22.94 -3.09
2 AQXE 11.67 +0.86
3 CHIX 6.08 -0.35
4 TRQX 3.80 +0.85
5 BATE 2.97 +0.17
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 55.54 -2.86
2 AQXE 26.71 +1.56
3 CHIX 11.74 +2.15
4 BATE 1.50 +0.67
5 TRQX 1.47 -1.56
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/8.jpg)
LiquidMetrix Battlemap for
BANKIA SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 71.25% +1.34
2 CHIX 14.11% -2.38
3 BATE 6.12% -0.14
4 TRQX 5.62% +2.22
5 AQXE 2.89% -1.04
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 8.62 +0.30
2 AQXE 9.49 -0.09
3 CHIX 13.36 -0.50
4 BATE 16.04 -1.73
5 TRQX 24.65 -14.02
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 14.67 +0.99
2 AQXE 29.12 -2.33
3 CHIX 42.66 -6.91
4 BATE 63.78 -13.96
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 59.9 -10.5
2 AQXE 16.0 -1.2
3 CHIX 12.0 -0.8
4 BATE 5.8 +0.7
5 TRQX 2.6 +1.9
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 688.7 +50.6
2 AQXE 84.2 -0.1
3 CHIX 66.4 +10.1
4 BATE 46.9 +8.0
5 TRQX 36.0 +8.7
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 21.77 +1.74
2 AQXE 13.05 +0.55
3 CHIX 4.68 -1.18
4 BATE 2.35 -1.11
5 TRQX 2.16 +0.66
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 97.83 +0.39
2 CHIX 1.35 -0.55
3 AQXE 0.75 +0.28
4 BATE 0.03 -0.01
5 TRQX 0.01 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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/9.jpg)
LiquidMetrix Battlemap for
Bankinter SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 69.25% +4.67
2 CHIX 17.06% -1.11
3 BATE 6.05% -1.16
4 TRQX 3.93% -1.93
5 AQXE 3.71% -0.46
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 6.52 +0.10
2 AQXE 7.26 -0.04
3 CHIX 9.34 +0.23
4 BATE 12.59 +0.00
5 TRQX 18.34 -4.24
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 11.34 +0.18
2 AQXE 21.12 -0.09
3 CHIX 29.21 +2.65
4 BATE 41.53 +2.96
5 TRQX 95.88 n/a
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 101.7 +1.3
2 AQXE 25.3 -0.7
3 CHIX 23.9 -0.6
4 BATE 11.0 -1.4
5 TRQX 5.7 +1.1
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 964.3 +85.3
2 AQXE 144.8 +3.6
3 CHIX 96.4 -1.6
4 BATE 71.2 +1.2
5 TRQX 48.6 +5.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 19.46 -0.58
2 AQXE 11.88 +1.39
3 CHIX 5.94 -0.35
4 BATE 3.73 +0.23
5 TRQX 3.04 +1.05
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 93.32 +1.76
2 CHIX 4.75 -1.15
3 AQXE 1.85 -0.24
4 BATE 0.06 -0.23
5 TRQX 0.02 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/10.jpg)
LiquidMetrix Battlemap for
CaixaBank
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 75.60% +5.41
2 CHIX 11.43% -2.11
3 BATE 6.65% -1.49
4 AQXE 3.32% -0.15
5 TRQX 3.00% -1.66
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.56 -0.02
2 AQXE 6.79 +0.13
3 CHIX 8.29 +0.79
4 BATE 9.72 +0.65
5 TRQX 17.44 +5.36
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.88 +0.24
2 AQXE 12.37 -1.93
3 CHIX 14.80 +1.17
4 BATE 17.70 +1.39
5 TRQX 56.37 +27.75
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 217.3 -3.4
2 AQXE 52.3 +10.3
3 CHIX 47.7 -7.8
4 BATE 35.9 -7.2
5 TRQX 6.8 -14.4
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,816.1 +194.3
2 CHIX 275.5 -12.7
3 BATE 240.5 -18.5
4 AQXE 235.6 +5.8
5 TRQX 55.7 -95.1
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 17.72 +4.71
2 AQXE 4.35 -0.35
3 TRQX 3.24 +0.87
4 CHIX 2.95 +0.28
5 BATE 2.40 +0.68
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 82.29 -3.49
2 AQXE 11.99 +7.35
3 CHIX 3.18 -1.27
4 BATE 0.72 -0.43
5 TRQX 0.10 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/11.jpg)
LiquidMetrix Battlemap for
CIE AUTOMOTIVE SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 80.11% +8.61
2 CHIX 7.18% -1.99
3 BATE 6.50% -1.33
4 AQXE 4.17% -0.23
5 TRQX 2.03% -5.07
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 16.31 -1.37
2 AQXE 17.00 -1.56
3 CHIX 29.11 +2.86
4 BATE 30.42 +1.28
5 TRQX 54.99 +4.34
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 23.67 +0.16
2 AQXE 51.01 -4.20
3 BATE 73.28 +4.01
4 CHIX 78.97 +11.02
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 26.1 -19.6
2 AQXE 7.5 -4.1
3 CHIX 2.8 -2.9
4 BATE 2.5 -1.6
5 TRQX 0.3 -0.2
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 632.2 -69.0
2 AQXE 57.2 +6.7
3 BATE 47.2 -4.0
4 CHIX 44.7 -8.6
5 TRQX 27.3 -4.0
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 19.63 +11.23
2 AQXE 13.03 +7.03
3 CHIX 3.82 +0.37
4 BATE 3.12 +0.04
5 TRQX 2.57 -0.20
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 98.02 +0.67
2 AQXE 1.30 +0.12
3 CHIX 0.38 -0.40
4 BATE 0.20 -0.04
5 TRQX 0.00 -0.01
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/12.jpg)
LiquidMetrix Battlemap for
Cellnex Telecom SAU
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 60.73% -2.50
2 CHIX 17.76% +0.51
3 BATE 8.41% -0.25
4 AQXE 6.85% +1.81
5 TRQX 6.25% +0.43
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 4.91 +0.02
2 AQXE 5.61 -0.20
3 CHIX 6.69 +0.54
4 BATE 9.60 +1.01
5 TRQX 16.72 +5.10
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.64 +0.14
2 AQXE 10.23 -0.27
3 CHIX 11.68 +0.87
4 BATE 15.22 +0.55
5 TRQX 49.58 +32.69
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 202.1 +14.7
2 CHIX 85.1 -2.8
3 AQXE 75.2 +9.6
4 BATE 57.5 +3.3
5 TRQX 11.0 -16.8
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,293.5 +36.1
2 CHIX 410.9 +29.3
3 BATE 345.0 +38.9
4 AQXE 248.5 +24.9
5 TRQX 56.6 -114.1
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 22.24 +3.28
2 AQXE 13.71 +3.03
3 CHIX 6.25 +0.84
4 TRQX 3.55 +1.71
5 BATE 3.26 -0.01
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 64.01 +1.47
2 AQXE 26.82 +8.64
3 CHIX 9.27 -5.57
4 BATE 0.75 -0.59
5 TRQX 0.18 -0.21
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/13.jpg)
LiquidMetrix Battlemap for
INMOBILIARIA COLONIAL SA INMOBILIARIA COLO
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 62.95% -0.24
2 CHIX 15.03% -0.33
3 BATE 9.00% +0.00
4 AQXE 7.69% +1.15
5 TRQX 5.32% -0.57
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 11.88 -0.83
2 AQXE 12.42 -0.66
3 CHIX 15.34 +0.18
4 BATE 21.39 +0.73
5 TRQX 29.46 -6.48
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 18.83 +0.71
2 AQXE 30.15 -2.34
3 CHIX 47.05 +1.27
4 BATE 53.48 -0.31
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 37.4 -8.5
2 AQXE 20.1 +0.8
3 CHIX 14.7 -3.8
4 BATE 7.6 -0.8
5 TRQX 2.6 +0.5
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 486.1 -6.1
2 AQXE 99.2 +11.0
3 BATE 64.5 +4.3
4 CHIX 64.4 +0.2
5 TRQX 35.4 +5.7
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 5.10 +1.63
2 AQXE 3.83 +2.18
3 TRQX 2.14 +0.13
4 BATE 1.51 +0.21
5 CHIX 1.30 +0.42
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 76.02 -1.35
2 AQXE 17.09 +6.54
3 CHIX 4.51 -1.40
4 BATE 1.48 +0.34
5 TRQX 0.10 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/14.jpg)
LiquidMetrix Battlemap for
Endesa SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 66.88% -5.19
2 CHIX 15.96% +2.90
3 TRQX 6.22% -0.33
4 BATE 6.08% +1.82
5 AQXE 4.85% +0.81
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.96 +0.28
2 AQXE 6.78 +0.07
3 CHIX 7.51 +0.74
4 BATE 10.82 +1.20
5 TRQX 11.12 +2.38
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.68 +0.58
2 AQXE 13.11 +1.18
3 CHIX 15.46 +3.17
4 BATE 21.23 +4.04
5 TRQX 25.30 +8.68
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 215.2 +21.9
2 CHIX 55.0 -6.2
3 AQXE 53.6 +1.3
4 BATE 34.8 -3.1
5 TRQX 29.3 -11.9
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,617.4 -10.5
2 AQXE 201.2 +2.0
3 CHIX 180.7 -22.7
4 BATE 163.6 -14.6
5 TRQX 135.1 -16.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 8.56 +3.03
2 AQXE 4.13 +1.67
3 TRQX 3.04 +0.58
4 BATE 2.75 -0.93
5 CHIX 2.63 +0.65
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 71.91 +7.37
2 AQXE 10.65 +3.31
3 CHIX 6.84 -0.88
4 TRQX 0.67 -1.02
5 BATE 0.66 +0.13
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/15.jpg)
LiquidMetrix Battlemap for
GRUPO EMPRES ENCE
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 86.33% +3.43
2 AQXE 5.06% +0.83
3 CHIX 4.47% -1.77
4 BATE 3.20% -1.03
5 TRQX 0.94% -1.47
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 15.39 +0.67
2 AQXE 17.16 +1.48
3 BATE 38.68 +9.56
4 CHIX 40.57 +7.17
5 TRQX 59.53 +5.88
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 25.22 +1.97
2 AQXE 40.31 -0.83
3 BATE 100.43 +18.06
4 CHIX 117.48 +30.76
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 23.2 -1.6
2 AQXE 8.7 -0.6
3 CHIX 1.0 -0.7
4 BATE 0.5 -0.5
5 TRQX 0.1 -0.1
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 468.5 -17.5
2 AQXE 64.3 -3.7
3 CHIX 34.9 -9.6
4 BATE 33.1 -9.2
5 TRQX 26.5 -2.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 31.49 +7.20
2 AQXE 19.81 +2.71
3 CHIX 4.70 -1.12
4 BATE 3.44 +0.22
5 TRQX 1.16 -0.29
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 92.25 -1.91
2 AQXE 8.03 +3.16
3 CHIX 0.31 -0.38
4 BATE 0.13 0.00
5 TRQX 0.00 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/16.jpg)
LiquidMetrix Battlemap for
Enagas SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 72.87% +2.23
2 CHIX 11.73% -1.49
3 BATE 5.90% +0.14
4 TRQX 5.40% -1.80
5 AQXE 4.09% +0.92
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 6.72 -0.04
2 AQXE 7.69 -0.22
3 CHIX 9.38 +0.57
4 BATE 11.70 -0.13
5 TRQX 12.88 +0.01
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 8.71 -0.50
2 AQXE 14.72 -3.24
3 CHIX 19.93 +0.83
4 TRQX 28.55 -5.04
5 BATE 29.48 -0.65
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 187.7 +44.6
2 AQXE 44.8 +10.2
3 CHIX 40.0 +3.4
4 BATE 20.1 +3.0
5 TRQX 18.2 +2.3
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,631.6 +138.0
2 AQXE 189.2 +13.5
3 CHIX 144.2 +6.9
4 BATE 102.6 +4.4
5 TRQX 85.8 +1.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 12.24 +1.86
2 AQXE 4.95 +0.61
3 BATE 3.07 +1.43
4 TRQX 2.92 +0.26
5 CHIX 2.77 +0.39
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 77.24 -0.25
2 AQXE 9.57 +3.15
3 CHIX 5.01 -2.51
4 TRQX 0.72 -0.48
5 BATE 0.65 -0.18
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/17.jpg)
LiquidMetrix Battlemap for
Ferrovial SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 65.92% -7.54
2 CHIX 12.73% +0.27
3 TRQX 8.51% +3.23
4 BATE 8.13% +2.20
5 AQXE 4.72% +1.84
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.38 +0.13
2 AQXE 6.19 -0.08
3 CHIX 6.55 +0.50
4 BATE 8.13 +0.25
5 TRQX 10.50 +0.93
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.36 +0.46
2 AQXE 9.40 -0.16
3 CHIX 10.52 +0.73
4 BATE 13.18 +0.31
5 TRQX 22.83 +2.31
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 272.7 +14.5
2 CHIX 91.8 -2.5
3 AQXE 76.9 +3.5
4 BATE 64.6 +2.1
5 TRQX 31.0 -9.8
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,528.5 +85.5
2 CHIX 401.9 +8.8
3 BATE 344.4 +1.1
4 AQXE 297.1 +8.5
5 TRQX 121.5 -107.0
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 10.27 +1.44
2 AQXE 4.20 +0.48
3 TRQX 3.55 +0.24
4 CHIX 2.46 +0.12
5 BATE 2.46 +0.40
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 52.21 -3.32
2 AQXE 19.24 +5.93
3 CHIX 10.35 -0.31
4 BATE 1.97 +0.74
5 TRQX 1.07 +0.54
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/18.jpg)
LiquidMetrix Battlemap for
GRIFOLS CLASE A
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 63.92% -1.37
2 CHIX 17.28% +2.31
3 BATE 7.92% -1.09
4 AQXE 5.47% +0.68
5 TRQX 5.42% -0.53
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 6.02 +0.45
2 AQXE 6.68 +0.21
3 CHIX 7.11 +0.56
4 BATE 9.41 +1.34
5 TRQX 15.80 +5.61
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 8.78 +1.03
2 CHIX 12.88 +0.92
3 AQXE 14.14 +0.53
4 BATE 16.53 +2.41
5 TRQX 28.42 +8.17
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 166.0 -36.4
2 CHIX 62.7 -6.9
3 AQXE 47.4 -1.0
4 BATE 44.9 -14.4
5 TRQX 18.7 -16.7
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,193.2 -55.9
2 CHIX 281.8 -4.5
3 BATE 262.9 -16.0
4 AQXE 230.6 +7.1
5 TRQX 81.2 -99.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 12.83 -0.20
2 AQXE 8.12 +2.47
3 CHIX 4.65 +1.29
4 TRQX 3.77 +1.10
5 BATE 3.01 +0.66
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 69.15 -5.16
2 CHIX 15.56 +5.38
3 AQXE 9.94 +4.49
4 BATE 1.59 -1.95
5 TRQX 0.55 -0.23
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/19.jpg)
LiquidMetrix Battlemap for
International Consolidated Airlines Group SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 68.28% -0.78
2 CHIX 16.58% +0.71
3 BATE 9.74% -0.43
4 TRQX 2.88% +0.28
5 AQXE 2.52% +0.21
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 7.53 +1.07
2 AQXE 8.22 +1.08
3 CHIX 11.01 +2.14
4 BATE 11.61 +2.26
5 TRQX 18.35 +5.64
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 10.36 +1.60
2 CHIX 14.84 +2.97
3 BATE 15.60 +3.38
4 AQXE 16.93 +2.47
5 TRQX 26.32 +3.53
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 145.8 -27.2
2 CHIX 114.0 -30.4
3 BATE 99.7 -35.1
4 AQXE 38.6 -4.1
5 TRQX 22.8 -9.7
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,311.5 -33.9
2 CHIX 714.6 -43.7
3 BATE 603.8 -103.3
4 AQXE 183.3 -10.6
5 TRQX 175.5 -67.1
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 25.80 +3.13
2 AQXE 13.19 +1.13
3 CHIX 4.10 +0.47
4 TRQX 3.91 +1.87
5 BATE 2.66 +0.83
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 70.07 +6.75
2 CHIX 10.99 -1.72
3 AQXE 5.79 +1.28
4 BATE 5.66 -1.38
5 TRQX 0.32 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/20.jpg)
LiquidMetrix Battlemap for
Iberdrola SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 70.07% +2.14
2 CHIX 12.89% -2.31
3 BATE 7.11% -0.30
4 TRQX 6.26% +1.05
5 AQXE 3.68% -0.58
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.15 +2.28
2 AQXE 5.75 +2.18
3 CHIX 5.78 +2.48
4 BATE 6.48 +2.48
5 TRQX 7.17 +2.92
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 5.47 +2.14
2 AQXE 6.38 +2.40
3 CHIX 6.91 +2.54
4 BATE 8.72 +2.83
5 TRQX 11.55 +4.89
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 736.5 -238.4
2 CHIX 262.5 -115.2
3 AQXE 183.3 -95.3
4 BATE 177.1 -97.8
5 TRQX 117.4 -85.8
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 3,728.1 +752.9
2 CHIX 942.3 -98.6
3 BATE 719.2 -192.6
4 AQXE 641.9 -290.5
5 TRQX 317.5 -215.4
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 4.32 -1.96
2 AQXE 1.04 +0.89
3 TRQX 0.43 +0.15
4 CHIX 0.42 -0.33
5 BATE 0.32 +0.19
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 14.40 -13.71
2 AQXE 3.32 -3.13
3 CHIX 2.07 -4.02
4 BATE 0.46 -0.64
5 TRQX 0.43 -0.45
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/21.jpg)
LiquidMetrix Battlemap for
Indra Sistemas SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 75.23% -2.58
2 BATE 7.46% +0.35
3 CHIX 6.75% +1.07
4 AQXE 5.85% +1.75
5 TRQX 4.71% -0.58
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 15.03 -0.04
2 AQXE 16.21 -0.84
3 BATE 28.80 +2.49
4 CHIX 30.12 +1.50
5 TRQX 44.16 -0.66
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 20.36 +0.67
2 AQXE 43.03 -15.67
3 BATE 71.68 +6.81
4 CHIX 73.26 +5.51
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 47.1 -6.6
2 AQXE 14.7 +4.2
3 CHIX 4.2 -0.1
4 BATE 3.3 -1.3
5 TRQX 1.0 +0.5
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 835.7 +41.9
2 AQXE 61.3 +12.9
3 BATE 48.0 -4.9
4 CHIX 47.1 -5.0
5 TRQX 39.7 +0.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 13.71 +0.83
2 AQXE 4.93 +3.43
3 CHIX 0.94 +0.64
4 TRQX 0.78 +0.20
5 BATE 0.64 -0.13
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 94.62 -3.78
2 AQXE 4.49 +4.00
3 CHIX 0.33 -0.13
4 BATE 0.20 +0.02
5 TRQX 0.15 +0.06
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/22.jpg)
LiquidMetrix Battlemap for
INDITEX
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 65.97% -3.99
2 CHIX 16.50% +2.54
3 BATE 7.59% +1.53
4 AQXE 5.06% +0.02
5 TRQX 4.88% -0.10
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 4.49 +0.10
2 AQXE 5.17 -0.04
3 CHIX 5.57 +0.23
4 BATE 7.05 +0.38
5 TRQX 9.42 +1.68
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 5.38 +0.22
2 AQXE 5.87 +0.09
3 CHIX 7.49 +0.32
4 BATE 10.22 +0.56
5 TRQX 24.39 +9.03
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 529.5 -24.4
2 AQXE 182.8 -7.1
3 CHIX 163.2 -13.2
4 BATE 109.5 -10.9
5 TRQX 45.2 -31.9
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 2,887.0 +157.5
2 AQXE 693.5 +16.5
3 CHIX 615.8 -10.9
4 BATE 482.7 -18.7
5 TRQX 155.2 -170.1
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 9.90 +0.19
2 AQXE 3.71 +1.35
3 TRQX 3.65 +0.78
4 CHIX 2.12 +0.57
5 BATE 2.08 +0.15
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 33.75 +0.18
2 AQXE 17.68 +3.47
3 CHIX 4.97 +0.18
4 BATE 0.71 -0.12
5 TRQX 0.31 -0.34
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/23.jpg)
LiquidMetrix Battlemap for
Mapfre SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 70.06% -7.84
2 CHIX 10.36% +2.47
3 BATE 8.89% +2.60
4 TRQX 5.71% +1.52
5 AQXE 4.98% +1.25
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 7.95 +0.64
2 AQXE 8.60 +0.43
3 CHIX 14.07 +1.92
4 BATE 15.13 +2.05
5 TRQX 23.94 +5.97
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 13.45 +1.28
2 AQXE 25.87 +1.10
3 CHIX 39.54 +8.31
4 TRQX 42.18 +2.01
5 BATE 47.99 +10.77
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 68.6 -7.8
2 AQXE 18.9 -0.1
3 CHIX 11.4 -1.9
4 BATE 9.9 -2.8
5 TRQX 5.0 -2.6
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 913.5 -117.4
2 AQXE 122.4 -4.2
3 CHIX 85.4 -11.5
4 TRQX 62.5 -12.8
5 BATE 59.3 -10.6
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 13.57 +1.63
2 AQXE 9.22 +1.84
3 TRQX 3.50 -0.19
4 CHIX 3.39 -0.20
5 BATE 3.04 -0.43
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 95.21 -1.01
2 AQXE 2.97 +1.35
3 CHIX 1.33 -0.18
4 BATE 0.56 +0.12
5 TRQX 0.05 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/24.jpg)
LiquidMetrix Battlemap for
MASMOVIL IBERCOM SA MASMOVIL IBERCOM OR
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 71.43% -0.58
2 CHIX 8.92% -0.47
3 BATE 8.05% -0.49
4 AQXE 5.80% +0.88
5 TRQX 5.80% +0.66
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 11.52 -0.52
2 AQXE 12.63 -0.91
3 BATE 22.41 +0.41
4 CHIX 22.90 +1.25
5 TRQX 40.48 -1.67
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 16.39 -0.25
2 AQXE 27.53 -3.44
3 TRQX 61.94 +0.81
4 BATE 70.58 +10.45
5 CHIX 71.51 +11.86
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 60.3 +4.6
2 AQXE 19.8 +1.6
3 CHIX 7.3 -0.1
4 BATE 7.0 +1.3
5 TRQX 1.2 +0.6
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 949.4 +51.7
2 AQXE 104.4 +5.7
3 CHIX 50.7 -8.2
4 TRQX 49.4 +0.1
5 BATE 49.1 -8.6
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 18.41 +1.13
2 AQXE 10.53 +2.18
3 CHIX 3.34 -0.26
4 BATE 3.33 +0.58
5 TRQX 2.04 +0.13
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 82.22 -0.79
2 AQXE 14.44 +1.83
3 CHIX 1.58 +0.16
4 BATE 1.42 +0.53
5 TRQX 0.26 +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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/25.jpg)
LiquidMetrix Battlemap for
MELIA HOTELS INTERNATIONAL SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 81.90% +5.84
2 CHIX 6.57% -1.10
3 AQXE 5.12% -0.09
4 BATE 4.24% -2.48
5 TRQX 2.17% -2.17
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 13.65 +0.92
2 AQXE 14.71 +0.97
3 CHIX 30.08 +4.66
4 BATE 30.75 +5.49
5 TRQX 57.16 +8.12
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 21.51 +2.02
2 AQXE 48.23 +4.15
3 CHIX 97.04 +30.29
4 BATE 99.37 +29.16
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 29.3 -9.4
2 AQXE 8.5 -2.4
3 CHIX 2.2 -1.6
4 BATE 0.7 -2.0
5 TRQX 0.1 -0.3
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 620.3 -17.7
2 AQXE 55.2 -6.7
3 CHIX 36.6 -19.2
4 BATE 34.3 -17.1
5 TRQX 27.5 -4.2
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 22.25 +10.03
2 AQXE 12.71 +3.63
3 CHIX 5.33 +2.64
4 BATE 3.93 +2.48
5 TRQX 2.25 +1.62
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 98.06 +0.17
2 AQXE 1.69 +0.81
3 CHIX 0.09 -0.57
4 TRQX 0.07 +0.07
5 BATE 0.02 -0.40
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/26.jpg)
LiquidMetrix Battlemap for
Merlin Properties Socimi SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 67.19% +3.72
2 CHIX 15.50% -2.16
3 BATE 6.86% -1.43
4 TRQX 6.60% +0.08
5 AQXE 3.85% -0.21
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 10.21 -0.28
2 AQXE 11.22 -0.27
3 CHIX 12.34 +0.35
4 BATE 16.27 +0.78
5 TRQX 19.68 +0.77
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 12.73 -0.12
2 CHIX 24.47 +1.90
3 AQXE 25.89 +0.75
4 BATE 34.88 +2.43
5 TRQX 41.64 -2.20
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 71.7 -5.8
2 CHIX 28.7 -3.6
3 AQXE 23.1 +0.3
4 BATE 13.4 -1.8
5 TRQX 7.2 -0.1
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 694.2 -1.8
2 CHIX 143.4 +0.6
3 AQXE 106.7 +0.1
4 BATE 103.4 -3.3
5 TRQX 74.9 -1.5
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 4.58 +1.50
2 TRQX 2.12 +0.19
3 AQXE 1.82 +0.95
4 BATE 1.62 +0.63
5 CHIX 1.28 +0.11
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 71.88 +4.21
2 CHIX 6.58 -0.90
3 AQXE 4.88 +0.95
4 BATE 0.73 -0.15
5 TRQX 0.41 +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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/27.jpg)
LiquidMetrix Battlemap for
ARCELORMITTAL SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 ENXT 67.77% -1.02
2 CHIX 11.66% +0.70
3 XMAD 8.48% +1.62
4 TRQX 5.73% -1.45
5 BATE 3.92% +0.04
6 AQXE 2.44% +0.11
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 ENXT 4.41 +0.95
2 AQXE 4.67 +0.76
3 CHIX 7.58 +1.30
4 XMAD 7.75 +0.04
5 BATE 12.07 +1.39
6 TRQX 12.84 +3.42
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 ENXT 6.77 +1.27
2 XMAD 11.63 +0.78
3 AQXE 13.29 +1.95
4 CHIX 15.44 +0.42
5 TRQX 17.90 +5.31
6 BATE 18.24 -0.78
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 ENXT 335.7 -107.7
2 XMAD 134.7 -4.4
3 CHIX 82.4 +25.9
4 TRQX 72.5 -27.5
5 BATE 66.7 +27.6
6 AQXE 49.3 -1.9
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 ENXT 2,503.4 -218.3
2 XMAD 763.2 +36.6
3 CHIX 320.2 +30.4
4 TRQX 294.6 -21.9
5 BATE 254.6 +32.7
6 AQXE 147.8 -0.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 ENXT 19.19 -2.90
2 AQXE 14.12 +3.66
3 CHIX 6.62 +1.14
4 TRQX 1.84 -0.10
5 BATE 1.26 +0.14
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 ENXT 93.26 -1.70
2 AQXE 3.45 +1.84
3 CHIX 2.47 +0.83
4 TRQX 0.46 -0.89
5 BATE 0.20 +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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/28.jpg)
LiquidMetrix Battlemap for
Naturgy Energy Group SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 74.02% -3.60
2 CHIX 10.75% +1.05
3 BATE 5.88% +0.27
4 AQXE 4.75% +2.71
5 TRQX 4.60% -0.42
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 5.76 +0.18
2 AQXE 7.21 -0.33
3 CHIX 8.90 +0.38
4 BATE 12.15 +0.62
5 TRQX 15.63 +2.26
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.42 +0.30
2 AQXE 15.25 -9.65
3 CHIX 19.44 +0.95
4 BATE 23.87 +1.89
5 TRQX 31.46 +1.14
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 175.3 -6.5
2 AQXE 40.8 +14.5
3 CHIX 34.8 -1.2
4 BATE 24.2 -1.6
5 TRQX 12.2 -3.4
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,455.3 -44.5
2 CHIX 168.3 +0.6
3 BATE 162.6 -21.5
4 AQXE 118.3 +46.0
5 TRQX 92.3 -9.2
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 13.57 +0.36
2 AQXE 4.28 +1.00
3 BATE 3.22 +0.28
4 CHIX 2.95 +1.09
5 TRQX 2.84 -0.54
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 83.68 -5.99
2 AQXE 6.28 +6.04
3 CHIX 3.15 +0.21
4 BATE 0.70 +0.18
5 TRQX 0.32 +0.06
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/29.jpg)
LiquidMetrix Battlemap for
RED ELECTRICA CORPORACION SA RED ELECTRIC
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 67.64% -2.86
2 CHIX 16.34% +2.46
3 BATE 7.18% +0.11
4 TRQX 4.97% -0.81
5 AQXE 3.87% +1.10
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 4.89 -0.27
2 AQXE 5.50 -0.29
3 CHIX 6.46 +0.07
4 BATE 9.74 +0.46
5 TRQX 14.39 +2.01
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 7.14 -0.20
2 AQXE 14.31 -0.29
3 CHIX 15.80 +2.37
4 BATE 20.54 +3.46
5 TRQX 22.76 -0.33
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 232.9 +17.0
2 CHIX 64.3 -6.2
3 BATE 49.6 -7.1
4 AQXE 42.6 +0.9
5 TRQX 26.6 -2.2
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,343.8 -92.9
2 AQXE 196.8 +16.5
3 CHIX 180.0 -31.9
4 BATE 179.7 -26.1
5 TRQX 89.3 -7.6
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 11.66 +3.04
2 AQXE 8.88 +1.04
3 CHIX 3.98 +0.09
4 BATE 3.01 -0.17
5 TRQX 2.83 -0.78
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 77.97 +3.83
2 CHIX 11.62 -3.63
3 AQXE 3.85 +1.61
4 BATE 1.05 -0.93
5 TRQX 0.45 -0.13
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/30.jpg)
LiquidMetrix Battlemap for
Repsol YPF SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 76.68% +4.02
2 CHIX 9.94% -1.95
3 BATE 5.05% -2.03
4 TRQX 4.79% -0.23
5 AQXE 3.55% +0.19
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 4.96 +0.79
2 AQXE 5.89 +0.83
3 CHIX 6.49 +1.37
4 BATE 7.68 +1.49
5 TRQX 8.84 +2.61
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 5.82 +0.92
2 AQXE 9.37 +2.31
3 CHIX 10.06 +2.43
4 BATE 12.51 +3.03
5 TRQX 24.92 +12.79
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 490.2 -89.2
2 CHIX 112.7 -40.7
3 BATE 86.8 -27.6
4 AQXE 76.8 -24.2
5 TRQX 39.0 -35.3
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 2,872.3 +140.0
2 CHIX 474.7 -80.6
3 BATE 426.7 -59.5
4 AQXE 261.7 -48.4
5 TRQX 149.4 -185.3
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 7.41 +3.33
2 AQXE 1.81 +0.40
3 TRQX 1.31 -0.97
4 BATE 1.08 -0.35
5 CHIX 0.74 -0.22
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 62.90 +15.61
2 AQXE 5.74 +0.04
3 CHIX 2.78 -1.60
4 BATE 0.63 -0.36
5 TRQX 0.56 -0.24
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/31.jpg)
LiquidMetrix Battlemap for
Banco de Sabadell SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 74.52% -0.13
2 CHIX 12.04% -0.48
3 BATE 5.61% +0.84
4 TRQX 4.17% -0.44
5 AQXE 3.66% +0.20
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 6.18 -1.03
2 AQXE 6.99 -1.28
3 CHIX 10.95 -0.10
4 BATE 15.04 -1.07
5 TRQX 32.79 +6.51
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 10.85 +0.56
2 AQXE 21.44 -4.50
3 CHIX 35.95 +3.05
4 BATE 66.87 +1.14
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 109.5 -28.0
2 AQXE 25.4 +2.4
3 CHIX 17.3 -2.7
4 BATE 7.6 +0.3
5 TRQX 1.4 -1.5
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 874.0 -236.1
2 AQXE 104.9 +13.4
3 CHIX 82.9 -4.3
4 BATE 54.2 +1.8
5 TRQX 33.1 -7.0
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 18.90 +7.48
2 AQXE 8.50 +3.64
3 CHIX 1.62 -0.38
4 BATE 0.51 -0.22
5 TRQX 0.19 -0.14
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 96.91 -0.01
2 CHIX 1.54 -0.40
3 AQXE 1.49 +0.97
4 BATE 0.08 +0.01
5 TRQX 0.01 -0.01
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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/32.jpg)
LiquidMetrix Battlemap for
Banco Santander SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 67.71% -3.37
2 CHIX 15.68% +2.13
3 BATE 6.46% +1.25
4 TRQX 6.33% -0.33
5 AQXE 3.81% +0.33
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 3.39 +0.16
2 AQXE 3.59 +0.01
3 CHIX 4.46 +0.21
4 BATE 5.72 +0.06
5 TRQX 8.44 +2.28
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 AQXE 4.82 -0.28
2 XMAD 4.86 +0.28
3 CHIX 6.60 +0.23
4 BATE 8.47 +0.02
5 TRQX 14.55 +5.28
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 631.9 +26.2
2 CHIX 341.0 -15.1
3 AQXE 246.7 +15.2
4 BATE 165.8 +11.4
5 TRQX 116.9 -127.4
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 2,227.1 +233.8
2 CHIX 1,206.9 -3.9
3 BATE 866.9 +35.1
4 AQXE 796.6 +30.5
5 TRQX 322.3 -405.2
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 20.85 +0.15
2 AQXE 16.28 +5.35
3 CHIX 6.01 +0.25
4 TRQX 3.06 +0.21
5 BATE 2.77 +0.30
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 AQXE 43.97 +8.49
2 XMAD 43.80 -4.00
3 CHIX 8.82 +0.91
4 TRQX 1.06 -1.49
5 BATE 0.84 +0.23
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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/33.jpg)
LiquidMetrix Battlemap for
Gamesa Corp Tecnologica SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 73.41% +5.79
2 CHIX 11.25% -3.25
3 AQXE 6.72% +0.34
4 BATE 5.38% +0.01
5 TRQX 3.24% -2.89
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 7.21 +0.70
2 AQXE 8.27 +0.67
3 CHIX 16.40 +5.06
4 BATE 20.12 +1.80
5 TRQX 45.47 +9.70
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 11.21 +1.42
2 AQXE 16.27 +0.17
3 CHIX 46.30 +8.49
4 BATE 53.30 -2.12
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 110.8 -13.2
2 AQXE 41.9 -0.2
3 CHIX 15.3 -8.5
4 BATE 11.4 -1.8
5 TRQX 1.1 -1.9
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,051.1 +14.5
2 AQXE 187.0 +11.9
3 CHIX 68.6 -5.9
4 BATE 54.0 +2.6
5 TRQX 32.3 -4.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 22.00 +5.40
2 AQXE 11.11 +2.54
3 CHIX 4.77 +2.06
4 BATE 2.47 -0.20
5 TRQX 1.37 -0.34
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 77.00 -1.33
2 AQXE 20.34 +5.80
3 CHIX 3.00 -1.41
4 BATE 0.62 -0.19
5 TRQX 0.09 -0.06
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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/34.jpg)
LiquidMetrix Battlemap for
Telefonica SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 73.41% -3.62
2 CHIX 13.04% +1.76
3 BATE 6.28% +1.43
4 AQXE 3.78% +0.35
5 TRQX 3.49% +0.08
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 2.93 -0.05
2 AQXE 3.72 +0.13
3 CHIX 3.98 +0.19
4 BATE 5.24 +0.11
5 TRQX 8.71 +2.11
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 4.61 +0.22
2 CHIX 6.94 +0.88
3 AQXE 7.48 +1.36
4 BATE 8.56 +0.83
5 TRQX 17.73 +7.04
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 509.5 -29.7
2 CHIX 242.9 -15.5
3 BATE 164.4 -14.9
4 AQXE 141.9 -13.7
5 TRQX 57.0 -70.7
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 1,888.0 +41.5
2 CHIX 992.1 -32.3
3 BATE 812.4 -35.8
4 AQXE 483.2 -27.8
5 TRQX 258.4 -297.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 18.45 +0.02
2 AQXE 10.07 -0.93
3 CHIX 4.87 -0.29
4 TRQX 4.78 +2.94
5 BATE 3.51 +0.32
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 69.91 +5.07
2 AQXE 16.63 +2.29
3 CHIX 10.70 -4.31
4 BATE 1.54 +0.05
5 TRQX 0.41 -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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/35.jpg)
LiquidMetrix Battlemap for
Mediaset Espana Comunicacion SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 73.28% +1.34
2 CHIX 9.20% +0.59
3 AQXE 6.48% -1.03
4 BATE 6.14% -1.00
5 TRQX 4.90% +0.11
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 14.82 +2.45
2 AQXE 16.46 +3.60
3 BATE 38.14 +5.81
4 CHIX 49.95 +11.01
5 TRQX 72.94 +3.38
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 23.76 +2.81
2 AQXE 38.01 +0.99
3 BATE 93.35 +1.35
4 CHIX 114.84 +4.89
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 27.9 -5.0
2 AQXE 9.7 -2.4
3 BATE 1.1 -0.4
4 CHIX 0.8 -0.9
5 TRQX 0.0 0.0
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 342.4 -48.0
2 AQXE 63.6 -7.9
3 BATE 34.8 -0.4
4 CHIX 27.8 -2.0
5 TRQX 16.7 -0.7
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 36.47 +11.02
2 AQXE 24.19 -0.35
3 CHIX 4.07 -1.44
4 BATE 2.81 -0.58
5 TRQX 1.24 +0.45
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 97.06 +1.13
2 AQXE 2.51 -1.18
3 BATE 0.32 +0.19
4 CHIX 0.22 +0.06
5 TRQX 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 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...E S- 35 C urrent P eri od C omp ari son P eri od 01-F eb - 2020 to 29- F eb - 2020 01-J an- 2020 to 31- J an- 2020 Mar](https://reader033.vdocuments.us/reader033/viewer/2022052004/6016ffd08ec47d2fc63bc29b/html5/thumbnails/36.jpg)
LiquidMetrix Battlemap for
VISCOFAN SA
Current Period
Comparison Period
01-Feb-2020 to 29-Feb-2020
01-Jan-2020 to 31-Jan-2020
Market Share
Rank Venue Market
Share
Change
1 XMAD 67.93% -6.09
2 CHIX 11.68% +1.28
3 BATE 7.88% +1.72
4 TRQX 7.74% +3.69
5 AQXE 4.78% -0.61
Volume Trend
_________________
Market Share Trend
SpreadsAt touch
Rank Venue Spread
(bps)
Change
1 XMAD 14.71 +1.64
2 AQXE 15.94 +1.82
3 CHIX 24.90 +2.81
4 BATE 27.12 +3.86
5 TRQX 48.67 +0.92
Monthly Spread Trend
_________________
25k EUR deal
Rank Venue Spread
(bps)
Change
1 XMAD 20.92 +1.18
2 AQXE 40.99 +8.15
3 CHIX 79.68 +19.49
4 BATE 87.72 +18.88
Monthly Spread Trend
Book Depths10BPS Depth (top of book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 38.4 -0.1
2 AQXE 14.1 -1.2
3 CHIX 8.3 +1.4
4 BATE 3.8 +0.2
5 TRQX 0.7 +0.2
Monthly Depth Trend
_________________
50BPS Depth (deeper into book)
Rank Venue Depth (1K
EUR)
Change
1 XMAD 739.4 +64.6
2 AQXE 88.3 -19.2
3 CHIX 43.4 -11.7
4 BATE 38.8 -8.3
5 TRQX 28.2 -1.9
Monthly Depth Trend
Best PricesAt touch
Rank Venue Best Price
(%)
Change
1 XMAD 16.08 -3.03
2 AQXE 10.05 -0.68
3 CHIX 4.54 -0.01
4 BATE 3.80 +0.46
5 TRQX 3.67 -0.15
Best Prices Trend
_________________
25k EUR deal
Rank Venue Best Price
(%)
Change
1 XMAD 88.90 +0.90
2 AQXE 8.03 -1.06
3 CHIX 3.02 +0.45
4 BATE 0.15 -0.01
5 TRQX 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.