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European Market Structure
Explained & Simplified

THE NUMBERS

€37bn

Average on venue daily volume traded €

€5k

Average Trade Size

7bps

Average Spread

5

Venue
Categories

THE VENUES

Dark MTFs

Periodic Auctions

Lit MTFs

Primary Exchanges

SI

MARKET SHARE

39%

Auction Other

0.5%

Alt Auction

0.5%

5%

Periodic Auction

22%

23%

10%

Dark MTF

LIt MTF

Auction Close

Primary

ABOUT

This page was created to bring together all the foundational market structure material in Europe onto one webpage.

The material on market structure much like the market itself is very fragmented, this page goes through each venue type in a basic detail for those new to the market.

Please feel free to use the chat button to get in touch with the creators.

 
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