This report shows the average price and total traded value of executions for all instruments traded on Equiduct at given time periods for each day. Along with each trade price and value, the report shows what the best bid and offer were at the time of the execution. We compare our executions with the European Best Bid and Offer (EBBO) to provide true comparison against Pan-European liquidity.
In this report you will be able to see the quality of Equiduct’s true Best Execution service, Apex (Retail) and Zenith (Institutional), by comparing the execution price and size (value) on Equiduct versus the European Best Bid and Offer (EBBO).
The report is split into “Ranges” that have been defined by ESMA. These ranges relate to the size (value) of the execution compared with the SMS value and Large in Scale (LIS) value of the particular instrument.
||BOERSE BERLIN EQUIDUCT TRADING
||Equiduct reporting MICs (EQTA, EQTB, EQTC)
||BOERSE BERLIN EQUIDUCT TRADING - REGULATED MARKET BOERSE BERLIN EQUIDUCT TRADING - BERLIN SECOND REGULATED MARKET BOERSE BERLIN EQUIDUCT TRADING - FREIVERKEHR
|Market Segment MIC
||EQTA, EQTB, EQTC
||Description of any outages
||The number of outages in a trading day
||The average number of outages
|Nature of Scheduled Auction
||Description of scheduled auctions – if any exist
|Number of Scheduled Auctions
||Number of scheduled auctions per day – if any exist
|Ave Duration of Scheduled Auctions
||Average duration of Scheduled Auctions if any
|Number of Failed Transactions
||Number of cancelled trades
|Failed Transactions % value of Total Executions
||Value of cancelled trades as a % of total daily turnover