Equiduct selects EOSE to strengthen and expand their valuable data assets
London and New York 30th Mar 2021 – Market data specialists, EOSE, today announced a new collaborative partnership with Equiduct, the retail-focused pan-European exchange that enables retail brokers and institutional clients to achieve Best Execution in the most liquid and fragmented cash equities and ETFs.
Equiduct has chosen EOSE to further strengthen distribution of its market data products, offering a real-time view of pre-trade and post-trade data. The EOSE team is highly experienced in all parts of the data ecosystem and is providing Equiduct with a team of expert data sales and business-development professionals. This new relationship enables Equiduct to concentrate its resources on developing core business strategies, while exploring new data products and routes to market.
Suzanne Lock, EOSE founder and CEO, said, “EOSE are excited to be working with the Equiduct team on their ambitious market-data growth plans. Equiduct has an established market-data product set available through the major data vendors. The challenge for EOSE is in finding new data products, customers and routes to market, while supporting Equiduct’s commitment to adding value to existing customers and products.”
This partnership will allow Equiduct to grow their market presence in response to participant demand for their services across new geographies and instruments, while continuing to provide reliable, focused and innovative market data products.
Matt Stupple, CTO of Equiduct said, “We continually seek to enhance the market environment for all our clients. Our partnership with EOSE provides us with the resource to drive continued growth and innovation in our market data products, while also ensuring our teams can remain focused on delivering ever-improving solutions to enhance the trading experience for our clients and end investors in Europe.”
EOSE provides a flexible, modern approach to commoditising your data assets. Whether you are already a data provider and need an extra pair of hands, or are setting up your data business from the start, we can help. Using EOSE data product development and sales experts will reduce your time to market and enhance your data products, while allowing you to focus on your core business. The EOSE team each have decades of experience in data product and business development, data sales and managing the data business within organisations. Working across exchanges, vendors, brokers and other financial institutions, we have developed relationships crucial to the development and sales of market data. For more information, visit: www.eosedata.com
Equiduct is an innovative, client-driven, pan-European trading venue, designed to enable retail brokers and institutional clients to achieve Best Execution in the most liquid and fragmented cash equities and ETFs. Focused on providing solutions for our members in the post-MiFID environment, Equiduct has developed unique products designed to revolutionise retail trading, which facilitate order execution against the pan-European consolidated order book. Its focus is to ensure market participants are able to access the best prices available in Europe by utilising a proprietary price-discovery calculation. Equiduct provides true pan-European trading across 11 markets, covering 16 European headline indices.
In 2019 Equiduct launched Apex, a fully transparent, MiFID-compliant, regulated trading service that allows retail orders to execute against the pan-European order book and is supported by a pool of Liquidity Providers and active brokers.
In 2020 it reported an overall ADV (average daily volume) of €281m for the last quarter of the year, gaining 65% in comparison to the same quarter in 2019. ADV for 2020 reached €283m, up from €149m in 2019 – an 88% increase. By comparison, trading activity across Europe’s lit markets grew by only 5% year on year.
Equiduct is a market segment of Börse Berlin, a regulated market operator under Article 44 of MiFID II. Börse Berlin is regulated by the Competent Authority Senatsverwaltung für Wirtschaft, Energie und Betriebe – Börsenaufsichtsbehörde and participation in trading is governed by German and European law.
For more information on Equiduct, please visit: www.equiduct.com