ETFs have highest percentage of turnover traded in the dark, ESMA report finds
An analysis from the EU regulator revealed that the LIS waiver was most commonly used, with ETFs accounting for around 64% of the turnover executed under the waiver.
Tag: LIS
Buy-Side
Conditional orders and periodic auctions come out on top post-MiFID II
When it comes to seeking liquidity under MiFID II, a survey of senior traders has found that periodic auctions and conditional order types are the most useful.
Buy-Side
BlackRock urges EU policymakers to protect midpoint trading
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
Cboe periodic auction broker priority allocations drops
Cboe says non-broker priority allocations within its periodic auction book has risen to 80%.
Trading Venues
Market complexity growing alongside large-in-scale trading and periodic auctions
TradeTech keynote discussion panel finds that while large-in-scale trading and periodic auction activity is on the rise, so too is market complexity.
Dark pool trading halved, LIS activity stagnant as MiFID II DVCs take effect
Statistics from Thomson Reuters show early effect of MiFID II DVCs as dark pool trading plummets, periodic auctions surge but LIS activity declines.