Equiduct, the pan-European equity trading platform, has announced that it is expanding its data offering and launching OrangeLiquidity Viewer, a web-based graphical view of market liquidity and trading conditions to complement the OrangeLFA liquidity fragmentation analytics service and OrangeVBBO, its real time data product. OrangeLiquidity Viewer is available in real time and offers also historical data analysis.
According to the company, the OrangeLiquidity Viewer enables users to see the optimal order split required to achieve the best possible price for a theoretical order. The OrangeVBBO line shows the consolidated true best price, mathematically derived from the full depth of the market.
Artur Fischer, joint CEO of Equiduct, said: The equity marketplace has evolved quickly over the past year with the creation of new trading venues each with a slightly different business model. This has stimulated competition and provided a variety of trading alternatives but the picture is far from complete or even stable and we at Equiduct hope to be able to shed some light on how to achieve best execution on the various available platforms with our range of analytical tools.