LiquidMetrix Battlemap for

ANTENA 3 TV

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.51% -2.32

2 BATE 9.04% +2.84

3 CHIX 7.60% -0.37

4 TRQX 2.77% -0.23

5 AQXE 0.08% +0.08

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 15.69 -4.62

2 BATE 24.51 -8.40

3 CHIX 28.63 -4.94

4 AQXE 38.13 +16.49

5 TRQX 49.37 -0.57

6 LSE2 442.81 +0.91

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 27.34 -4.94

2 BATE 47.79 -3.28

3 TRQX 65.06 -13.46

4 CHIX 85.31 +8.38

5 XEQT n/a n/a

6 AQXE n/a n/a

7 LSE2 442.81 +0.91

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 23.8 +13.0

2 BATE 6.0 +5.0

3 CHIX 3.6 +2.5

4 TRQX 1.2 +1.1

5 AQXE 0.3 +0.3

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 398.3 +102.8

2 BATE 56.5 +0.2

3 CHIX 45.8 -3.1

4 TRQX 31.3 +7.6

5 AQXE 7.8 +7.6

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

CORP FINANC ALBA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 90.71% +5.16

2 CHIX 4.10% -4.06

3 BATE 3.19% +2.04

4 TRQX 2.00% -3.14

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 39.68 +4.26

2 BATE 98.11 n/a

3 CHIX 167.93 +117.12

4 LSE2 489.98 n/a

5 TRQX n/a n/a

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 90.48 +7.78

2 CHIX n/a n/a

3 TRQX n/a n/a

4 BATE n/a n/a

5 XEQT n/a n/a

6 LSE2 489.98 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 9.4 +2.7

2 TRQX 2.1 +0.6

3 CHIX 0.8 -0.3

4 BATE 0.3 +0.1

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 73.1 +12.5

2 CHIX 4.0 -2.9

3 TRQX 3.9 +1.5

4 BATE 3.2 -0.8

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Applus Services SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 74.78% +1.27

2 CHIX 12.20% -4.00

3 BATE 6.93% +2.08

4 TRQX 6.08% +0.65

5 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 18.80 -0.94

2 CHIX 24.79 +2.61

3 BATE 38.36 -1.51

4 TRQX 47.00 -27.43

5 LSE2 495.95 -0.49

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 35.32 -8.49

2 CHIX 59.71 n/a

3 BATE 77.57 n/a

4 TRQX 89.91 n/a

5 LSE2 495.95 -0.49

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 21.7 +10.9

2 CHIX 5.1 +1.0

3 BATE 1.7 +1.1

4 TRQX 0.5 +0.4

5 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 253.7 +77.9

2 CHIX 39.9 +9.9

3 BATE 29.6 +11.4

4 TRQX 23.6 +10.3

5 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

AXIA REAL ESTATE SOCIMI, S.A.

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.03% -11.25

2 TRQX 15.88% +10.13

3 CHIX 10.13% -0.19

4 BATE 5.97% +1.31

5 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 21.25 +9.92

2 TRQX 32.92 -14.95

3 CHIX 35.23 +10.11

4 BATE 39.47 -104.23

5 LSE2 495.38 -0.98

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 TRQX 17.83 n/a

2 BATE 25.23 n/a

3 XMAD 26.75 +8.71

4 CHIX 37.56 n/a

5 LSE2 495.38 -0.98

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 522.9 +434.0

2 TRQX 230.3 +207.0

3 BATE 42.3 +34.6

4 CHIX 35.1 +24.7

5 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 2,346.9 +1,867.0

2 TRQX 541.7 +532.4

3 CHIX 149.9 +127.7

4 BATE 119.7 +109.9

5 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Bolsas y Mercados Espanoles SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 93.59% +0.03

2 CHIX 3.63% +1.06

3 TRQX 2.01% -0.60

4 BATE 0.73% -0.50

5 AQXE 0.03% +0.00

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 24.44 +7.33

2 AQXE 53.52 +14.98

3 CHIX 75.15 +17.28

4 TRQX 122.11 +18.30

5 BATE 122.80 +16.84

6 LSE2 453.45 +14.70

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 35.31 +10.78

2 CHIX 121.47 -57.47

3 XEQT n/a n/a

4 AQXE n/a n/a

5 BATE 390.58 +122.26

6 LSE2 453.45 +14.70

7 TRQX 499.57 -1.43

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 17.8 -47.6

2 AQXE 4.3 -1.6

3 CHIX 0.7 -0.2

4 TRQX 0.3 -0.2

5 BATE 0.2 +0.0

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 298.2 -170.7

2 AQXE 31.6 -24.5

3 CHIX 23.7 -5.8

4 TRQX 11.9 -4.3

5 BATE 11.6 -3.3

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

PROSEGUR CASH. S.A.

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 82.78% +9.02

2 CHIX 11.04% -7.84

3 BATE 6.18% -1.18

4 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 30.87 +14.47

2 BATE 68.91 n/a

3 CHIX 100.36 +27.64

4 LSE2 456.51 +2.96

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 82.09 +27.99

2 CHIX n/a n/a

3 BATE n/a n/a

4 LSE2 456.51 +2.96

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 10.8 -1.6

2 CHIX 1.5 -0.5

3 BATE 0.3 -2.0

4 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 47.8 -32.6

2 BATE 3.9 -4.3

3 CHIX 3.6 +0.0

4 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

CIE AUTOMOTIVE SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 71.07% -3.82

2 CHIX 13.24% -0.24

3 BATE 8.91% +1.92

4 TRQX 6.78% +2.15

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 16.74 +2.53

2 TRQX 34.97 -65.71

3 BATE 38.59 +12.87

4 CHIX 41.03 +5.97

5 LSE2 496.49 -1.68

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 25.81 +0.52

2 BATE 46.99 -26.03

3 CHIX 54.58 n/a

4 TRQX 65.02 n/a

5 XEQT n/a n/a

6 LSE2 496.49 -1.68

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 28.9 +2.9

2 CHIX 4.6 +0.6

3 BATE 4.4 +1.2

4 TRQX 2.4 +2.2

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 383.4 +41.5

2 BATE 56.1 +22.0

3 CHIX 44.2 +20.5

4 TRQX 35.9 +29.4

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Ebro Foods SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.01% +1.29

2 TRQX 9.95% +2.98

3 CHIX 9.30% -7.76

4 BATE 8.74% +3.48

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 13.43 +1.29

2 BATE 30.29 +4.11

3 CHIX 34.18 +10.29

4 TRQX 46.68 +8.46

5 LSE2 428.17 -8.18

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 23.25 +0.08

2 BATE 55.78 -74.70

3 CHIX 70.30 -44.37

4 TRQX 73.86 n/a

5 XEQT n/a n/a

6 LSE2 428.17 -8.18

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 27.4 -0.3

2 BATE 4.5 +1.1

3 CHIX 4.3 -2.5

4 TRQX 0.9 -1.2

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 340.3 -39.3

2 BATE 39.7 +11.5

3 CHIX 37.0 +3.6

4 TRQX 27.0 +3.0

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

FAES FARMA SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 93.76% -1.63

2 CHIX 4.55% +1.74

3 TRQX 0.86% -0.12

4 BATE 0.83% +0.01

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 35.54 -0.37

2 CHIX 287.54 +52.62

3 TRQX 362.26 -138.74

4 BATE 434.68 +273.94

5 LSE2 492.83 n/a

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 59.80 -2.14

2 CHIX n/a n/a

3 TRQX n/a n/a

4 BATE n/a n/a

5 XEQT n/a n/a

6 LSE2 492.83 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 3.9 -1.4

2 CHIX 0.1 -0.3

3 BATE 0.1 -0.1

4 TRQX 0.0 +0.0

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 95.5 +5.6

2 CHIX 2.1 -0.7

3 BATE 1.0 -0.5

4 TRQX 0.1 -0.1

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

GPO CATALANA OCCID

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 79.96% -0.60

2 CHIX 8.75% -0.47

3 BATE 7.72% +0.98

4 TRQX 3.57% +0.09

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 26.65 +8.55

2 BATE 40.99 +15.83

3 CHIX 54.76 +24.08

4 TRQX 212.94 +155.13

5 LSE2 442.28 -13.09

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 45.34 +13.59

2 CHIX n/a n/a

3 TRQX n/a n/a

4 BATE n/a n/a

5 XEQT n/a n/a

6 LSE2 442.28 -13.09

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 10.7 -10.4

2 CHIX 1.3 -1.2

3 BATE 0.9 -2.2

4 TRQX 0.5 -0.1

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 138.0 -119.0

2 CHIX 13.8 -10.5

3 BATE 13.1 -11.7

4 TRQX 6.8 -6.4

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Gestamp Automocion SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 84.12% -0.68

2 CHIX 8.47% +0.36

3 BATE 7.41% +0.31

4 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 17.75 -2.15

2 BATE 32.41 +2.25

3 CHIX 71.39 +5.58

4 LSE2 443.02 -27.57

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 28.76 -4.93

2 BATE n/a n/a

3 CHIX 369.51 -127.73

4 LSE2 501.00 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 35.6 +12.9

2 BATE 1.3 -2.9

3 CHIX 1.2 -1.0

4 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 353.0 +126.4

2 BATE 10.7 -5.6

3 CHIX 7.4 -2.9

4 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

HISPANIA ACTIVOS INMOBILIARIOS S.A.

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 77.81% +5.07

2 CHIX 10.46% -0.91

3 TRQX 6.78% -2.52

4 BATE 4.94% -1.65

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 25.22 -10.38

2 CHIX 93.33 -21.09

3 TRQX 95.72 -12.68

4 BATE 185.10 -14.93

5 LSE2 496.68 -0.05

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 55.27 -26.22

2 BATE n/a n/a

3 XEQT n/a n/a

4 CHIX 435.60 n/a

5 TRQX 491.31 +28.27

6 LSE2 496.68 -0.05

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 14.9 +8.8

2 CHIX 1.0 +0.4

3 BATE 0.5 +0.2

4 TRQX 0.3 0.0

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 88.1 +34.7

2 CHIX 11.9 +3.8

3 TRQX 8.4 +2.8

4 BATE 6.0 +2.5

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

NEINOR HOMES. S.A.

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 87.27% +12.52

2 CHIX 5.14% -6.11

3 TRQX 3.83% -2.77

4 BATE 3.77% -3.64

5 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 23.35 +2.74

2 CHIX 52.45 -23.68

3 BATE 72.82 -27.56

4 TRQX 121.59 -102.93

5 LSE2 501.00 +0.00

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 34.78 -0.53

2 TRQX n/a n/a

3 BATE n/a n/a

4 CHIX 272.93 n/a

5 LSE2 501.00 +0.00

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 14.0 -9.8

2 CHIX 0.9 -0.9

3 BATE 0.3 +0.1

4 TRQX 0.1 +0.0

5 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 195.7 +4.2

2 CHIX 16.0 +8.6

3 BATE 10.7 +7.5

4 TRQX 7.2 +6.7

5 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

LIBERBANK SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 82.27% +5.17

2 TRQX 7.35% -4.10

3 CHIX 5.42% +0.47

4 BATE 4.96% -1.55

5 LSE2 0.00% +0.00

6 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 22.54 -13.89

2 CHIX 118.69 +12.76

3 BATE 143.89 +0.10

4 TRQX 235.65 +119.94

5 LSE2 501.00 +0.00

6 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 42.38 -20.24

2 CHIX n/a n/a

3 TRQX n/a n/a

4 BATE n/a n/a

5 XEQT n/a n/a

6 LSE2 501.00 +0.00

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 14.0 +13.4

2 TRQX 1.3 +0.2

3 CHIX 0.4 +0.3

4 BATE 0.2 +0.1

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 186.4 +107.3

2 CHIX 3.5 -1.2

3 TRQX 3.4 +1.7

4 BATE 2.6 +0.3

5 LSE2 n/a n/a

6 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Cia de Distribucion Integral Logista Holdings SAU

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.92% +6.73

2 CHIX 9.39% -3.89

3 BATE 5.08% +0.08

4 TRQX 4.61% -2.92

5 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 17.07 +0.37

2 CHIX 34.45 -4.19

3 BATE 44.44 -17.80

4 TRQX 68.12 +12.00

5 LSE2 496.73 -0.57

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 33.49 -1.54

2 CHIX 90.74 n/a

3 TRQX n/a n/a

4 BATE n/a n/a

5 LSE2 496.73 -0.57

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 17.7 +1.3

2 CHIX 2.3 -0.5

3 BATE 1.0 +0.4

4 TRQX 0.5 -0.9

5 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 252.6 +4.5

2 CHIX 18.4 +3.4

3 BATE 12.1 +5.0

4 TRQX 10.5 +1.3

5 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

NH HOTELES SA NH HOTELES ORD SHS

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 66.65% +7.27

2 BATE 23.16% +2.64

3 CHIX 6.45% -4.11

4 TRQX 3.29% -6.21

5 AQXE 0.44% +0.41

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 21.24 +0.80

2 BATE 30.96 +1.29

3 AQXE 45.16 +25.04

4 TRQX 55.61 +15.76

5 CHIX 60.21 +11.42

6 LSE2 466.74 +16.53

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 37.78 +0.20

2 BATE 41.75 +3.19

3 CHIX 134.94 +51.80

4 XEQT n/a n/a

5 AQXE n/a n/a

6 TRQX 248.41 +196.88

7 LSE2 466.74 +16.53

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 13.9 +0.6

2 BATE 9.8 +1.4

3 CHIX 1.1 -1.7

4 TRQX 0.4 -1.2

5 AQXE 0.4 +0.3

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 226.2 +20.1

2 BATE 102.2 -6.5

3 CHIX 34.8 -21.4

4 TRQX 21.7 -11.9

5 AQXE 6.4 +4.7

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

Obrascon Huarte Lain SA

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 93.69% +6.56

2 CHIX 2.83% -3.21

3 BATE 2.49% -0.57

4 TRQX 0.88% -2.79

5 AQXE 0.11% +0.01

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 14.10 +0.26

2 BATE 44.87 +5.41

3 AQXE 52.37 +13.56

4 CHIX 80.63 +22.96

5 TRQX 155.44 +42.28

6 LSE2 442.27 +10.46

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 23.78 -4.14

2 TRQX n/a n/a

3 XEQT n/a n/a

4 AQXE n/a n/a

5 BATE 243.76 +121.28

6 CHIX 259.11 +111.67

7 LSE2 442.27 +10.46

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 39.1 +12.9

2 BATE 0.9 +0.1

3 CHIX 0.4 -0.6

4 AQXE 0.2 -0.1

5 TRQX 0.1 -0.5

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 286.4 +104.8

2 BATE 12.1 -14.8

3 AQXE 11.2 +2.1

4 CHIX 8.5 -10.9

5 TRQX 0.7 -5.6

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

PROSEGUR SEGURIDAD

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.46% +5.07

2 CHIX 14.95% +0.56

3 BATE 13.35% -1.87

4 TRQX 6.20% -3.74

5 AQXE 0.04% -0.02

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 16.65 -9.49

2 CHIX 17.84 -12.30

3 BATE 18.45 -10.64

4 TRQX 26.64 -9.03

5 AQXE 45.73 +18.75

6 LSE2 426.46 -27.23

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 28.88 -14.09

2 BATE 38.32 -7.50

3 CHIX 45.33 -22.62

4 TRQX 64.43 -22.96

5 XEQT n/a n/a

6 AQXE n/a n/a

7 LSE2 426.46 -27.23

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 23.3 +13.2

2 BATE 9.6 +6.0

3 CHIX 8.2 +6.0

4 TRQX 3.2 +2.5

5 AQXE 0.2 +0.1

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 330.9 +166.7

2 BATE 80.6 +10.7

3 CHIX 63.9 +20.1

4 TRQX 45.0 +13.8

5 AQXE 6.5 +3.1

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

UNICAJA BANCO. S.A.

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 85.61% +9.40

2 CHIX 9.07% -4.73

3 BATE 5.32% -4.66

4 LSE2 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 27.77 +2.87

2 CHIX 67.04 +18.52

3 BATE 123.75 +49.94

4 LSE2 476.03 -24.97

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 50.88 +2.19

2 CHIX n/a n/a

3 BATE n/a n/a

4 LSE2 476.03 -24.97

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 8.1 -9.7

2 CHIX 1.2 -2.0

3 BATE 0.4 -1.1

4 LSE2 n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 116.6 -39.7

2 CHIX 6.4 -4.8

3 BATE 3.0 -3.3

4 LSE2 n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.

LiquidMetrix Battlemap for

ZARDOYA-OTIS

Current Period

Comparison Period

01-Jan-2018 to 31-Jan-2018

01-Dec-2017 to 31-Dec-2017

Market Share

Rank Venue Market

Share

Change

1 XMAD 77.44% -4.75

2 CHIX 10.99% +6.05

3 BATE 9.56% -2.18

4 TRQX 1.95% +0.85

5 AQXE 0.05% +0.02

6 LSE2 0.00% +0.00

7 XEQT 0.00% +0.00

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 19.61 -3.53

2 BATE 37.91 +4.17

3 CHIX 43.55 -18.03

4 AQXE 48.27 +24.61

5 TRQX 74.98 -17.59

6 LSE2 438.49 -2.45

7 XEQT n/a n/a

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 33.59 -7.57

2 BATE 80.19 +8.68

3 CHIX 131.97 +15.79

4 TRQX n/a n/a

5 XEQT n/a n/a

6 AQXE n/a n/a

7 LSE2 438.49 -2.45

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 19.3 +14.4

2 BATE 1.9 +1.4

3 CHIX 1.8 +1.6

4 AQXE 0.2 +0.1

5 TRQX 0.1 +0.1

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 313.6 +146.5

2 BATE 37.9 -10.5

3 CHIX 23.7 +7.0

4 TRQX 11.3 +6.5

5 AQXE 8.5 +7.0

6 LSE2 n/a n/a

7 XEQT n/a n/a

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

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.