Aquis Exchange Selects big xyt For Market Analytics
big xyt, the independent provider of market data analytics, is pleased to announce that Aquis Exchange, the subscription-based pan-European equities exchange, is implementing Liquidity Cockpit to support market structure analytics used internally by the exchange and for their clients.
We're pleased to announce that @aquis_exchange, the subscription-based pan-European equities exchange, is implementing big xyt's Liquidity Cockpit to support market structure analytics used internally by the exchange and for their clients.#DataAnalyticshttps://t.co/OujE6fM5FV
— big xyt (@bigxyt) April 21, 2020
Award-winning big xyt solutions capture, normalise, collate and store trade data at a granularity that has not previously been available in the market. By applying data science and advanced techniques to execution analytics, Liquidity Cockpit delivers a unique range of market overviews and individualised comparison reports to the team at Aquis Exchange.
Delivered via a custom API, the platform enables Aquis Exchange to add its own proprietary data layer, including trade and order history. All results are then available for download and review using the flexible interactive dashboards in addition to the API.
Jonathan Clelland, COO of Aquis Exchange, commented: “The quality and depth of the big xyt data analysis is hugely important to us. Their understanding of our requirements, and the proactive support they provide us, has made the decision to work with big xyt something that we are very pleased with.” He added, “big xyt’s unique approach to data analysis allows us the control and flexibility we require to understand and develop our competitive position within the wider European landscape data.”
Mark Montgomery, Head of Strategy and Business Development at big xyt, said “We are delighted to be working with Aquis Exchange, and watching their innovation challenge the landscape.” He continued “Adding them to the list of venues using Liquidity Cockpit is continued evidence of the market’s need for pioneering technology solutions to deliver tangible benefits for the end-user.”
Source: big xyt
More than 15 sell-side and 20 buy-side firms have joined the platform.
Analytics will cover portfolio construction, pre-trade risk and post-trade performance attribution.
Virtu aims to help clients interact with markets more efficiently so they can mitigate risk and lower costs.
ESG is increasingly at the forefront of decision-making for investment managers and asset owners.
Users can manage cloud storage of client-specific liquidity streams and monitor rates across FX products.