Market Data Products

Equiduct’s market data products provide a comprehensive real-time view of pre-trade and post-trade data.

Market By Limit

Equiduct's Market By Limit is a real-time market depth feed created from the consolidated pan-European order book. The Market By Limit feed shows top the 10 price levels, with aggregated volume, across relevant European markets (pre-trade data) together with aggregated trades from the consolidated book (post-trade data).

 

Market By Limit is available either directly from Equiduct or from one of our Market Data Vendor partners including:

  • ICE/Interactive Data (Europe) Ltd
  • Refinitiv
  • Morning Star Realtime Data Limited
  • BME Inntech S.A.U.

HybridBook

The HybridBook feed is a real-time pre and post-trade data feed from Equiduct’s Central Limit Order Book. Containing pre-trade order-by-order data and all post-trade information, including Apex and SpotVBBO trades.

The HybridBook feed is available either directly from Equiduct or from one of our Market Data Vendor partners including:

  • Bloomberg Finance L.P.
  • Refinitiv
  • SIX Financial Information Ltd
  • Morning Star Realtime Data Limited
  • Activ Financial Systems Inc.
  • Quanthouse
  • ICE

VBBO

Equiduct’s VBBO feed provides pre-trade transparency for Equiduct’s Best Execution services; Apex, and SpotVBBO. The Equiduct Volume-weighted Best Bid and Offer (VBBO) is a real-time data feed based on the virtual consolidated order book and provides the best executable price for up to four order sizes:

  • Retail Market Size (SMS) - €7500 as defined by ESMA
  • Standard Market Size (SMS) – based on annual AVT published by ESMA
  • Apex – The largest quantity being offered by Equiduct’s LPs in the retail Apex service per instrument
  • SpotVBBO -  The largest quantity being offered by Equiduct’s LPs in the SpotVBBO service per instrument


The VBBO feed is available either directly from Equiduct or from one of our Market Data Vendor partners including:

  • Bloomberg Finance L.P.
  • Refinitiv
  • SIX Financial Information Ltd
  • Morning Star Realtime Data Limited