Working with Etrading Software, a specialist consultancy focused on providing strategic advice and software solutions to the financial community, BÃ¶rse Berlin Equiduct Trading selected Aleri for this project as its CEP powered Market Liquidity Analysis (MLA) engine is an effective way to illustrate the potential split in equity liquidity across Europe and the benefits of Equiduct Tradingâs offering. VBBO is derived from the full depth of the book from all relevant execution venues in Europe and BÃ¶rse Berlin Equiduct Trading believes that its VBBO provides the European benchmark price that is required as part of each investment firmâs equity execution policy.
âEnabling our potential participants to quickly and easily see how they could cost-effectively meet their best execution obligations under MiFID is a high priority for our sales efforts. We needed to provide a visualisation tool requiring little or no explanation. Having a tool, such as Aleriâs MLA engine, available is of significant help when explaining to potential clients how they can create opportunity from their obligations,â commented Artur Fischer, Joint CEO of BÃ¶rse Berlin Equiduct Trading .
âWe are excited to be working with a cutting edge company like Equiduct Trading,â said Dale Stevens Aleriâs Regional EMEA Sales Director. âOur CEP powered MLA engine will help Equiduct enhance their market depth analysis capabilities by providing their traders and brokers with the ability to consolidate order books across multiple exchanges in real-time to create a single virtual order book that represents the liquidity of the visible market.â