Streaming blocks change the basis of matching and price discovery so institutions can find new liquidity.
Clients can fine tune their pricing function via APIs and exposed user-defined settings.
Orders executed away from public markets can have measurable implications on execution costs.
To level the playing field the rules should apply to both systematic internalisers and trading venues.
The new business line is expected to generate €150m in revenues within five years.
Bond trading is becoming increasingly algorithmic.
Sophisticated algorithms used in equities are being adapted for fixed income and commodity trading.
AI could improve execution in any market-driven asset class.
The AI-powered equity trading venue was ranked 21 at the start of 2020 and has reached number nine.
