Market Data

Equiduct Trading will supply high quality, real-time and historical prices and transaction data to the global financial community. We are building working with market data vendors to build mutually beneficial and strong relationships, helping to ensure that market participants receive the information they depend upon.

Equiduct Trading currently produces and distributes a real-time feed (VBBO) for liquid instruments derived from the Best Bid and Offer prices from all significant execution venues in Europe. In addition, Equiduct Trading will distribute pre- and post-trade information relating to its PartnerEx and HybridBook transactions.

The VBBO is calculated for the Standard Market Size (SMS) and Retail Market Size (RMS) of each instrument covered, with a volume weighted average based on the market prices available in significant RM, adding MTF and SI (as they come online).

VBBO is available to view from the link in the VBBO dropdown on the right of this page and will be available through established Market Data Vendors or direct to Equiduct Trading participants using a Market Data Carrier shortly and is distributed in both the local currency of the stock and the Euro.

The VBBO derives data using very low latency direct price feeds for the full market depth across all eligible venues without any data conflation. As such we believe that our VBBO will become the European benchmark best price as part of each investment firms equity execution policy. The fact that Equiduct Trading will offer the ability to trade at the derived price as part of its PartnerEx offering will make the VBBO stand out from competing products offered by data vendors or other markets with classic price determination algorithms.

VBBO, a single source of Pan-European Equity Reference price data. A cost effective alternative to multiple potentially expensive sources.

For more information on our Market Data or to arrange a meeting to discuss becoming a Market Data Vendor please contact sales@equiduct-trading.com