Equiduct, the Pan European retail trading platform, today announced that its aggregated data feed, “Market-by-Limit”, which provides a consolidated view of the liquidity available throughout Europe, is now available through Interactive Data’s consolidated data feed, PlusFeedâ , as well as its Desktop and Managed Solutions products.
Interactive Data is the first market data vendor ready to provide its clients with the innovative and unique consolidated data feed. The feed, designed and owned by Equiduct Systems Limited, offers a comprehensive view of the lit liquidity available across significant markets in Europe, including exchanges and MTFs. The data feed displays the top ten price levels (overall quantities aggregated by limit price) of the European virtual consolidated book providing a pre-trade view for executions taking place at the Volume Weighted Best Bid and Offer (VBBO) in Equiduct’s best execution service called PartnerEx.
“The Market-by-Limit feed gives real-time access to a comprehensive pre and post trade overview of the main European lit markets in a very cost effective way. We believe it will not only be useful to brokers trading on Equiduct’s best execution service but also for multiple usages such as real time portfolio valuation. This is an important step for market players who can now finally see the full picture” says Peter Randall, CEO of Equiduct.
Rob Lane, Business Manager – Trading Solutions, Interactive Data, adds: “This relationship supports Interactive Data’s ongoing commitment to extending our offering and providing clients with the widest array of critical financial information on which to base their trading decisions. We are delighted to work with a leading firm in Equiduct, to further enhance our multi-asset global data into our proven products and to provide our clients with data across multiple liquidity pools.”