Comments on: Should I Stay or Should I Go? http://fragmentation.fidessa.com/2009/11/27/should-i-stay-or-should-i-go-%e2%80%93-27-november-2009/ Making Sense of Fragmentation Wed, 01 Feb 2012 14:55:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dmitri http://fragmentation.fidessa.com/2009/11/27/should-i-stay-or-should-i-go-%e2%80%93-27-november-2009/comment-page-1/#comment-1908 Dmitri Fri, 11 Dec 2009 11:50:30 +0000 http://46.51.189.55/?p=959#comment-1908 NEURO should have been included for completeness... NEURO should have been included for completeness…

]]> By: Anon http://fragmentation.fidessa.com/2009/11/27/should-i-stay-or-should-i-go-%e2%80%93-27-november-2009/comment-page-1/#comment-1881 Anon Thu, 03 Dec 2009 13:14:52 +0000 http://46.51.189.55/?p=959#comment-1881 I have been using the Fragulator and found this to be a valuable resource to get a quick picture of where trading is taking place! I have a question about the way you have chosen to breakdown the OTC data. Currently, you have LSE and PLUS listed under OTC for a range of flags including NT (which I understand to be negotiated trades). I wondered whether it would be more appropriate for these to be classified as on-exchange under 'Dark' rather than OTC? The reason for my question is that negotiated trades are conducted away from the central trading mechanism, but are bound by the rules of a regulated market or MTF. For this reason we consider them to be on-exchange under a pre-trade transparency waiver (i.e. dark) rather than OTC. I am less familiar with some of the other flags that make up the LSE "OTC" breakdown. However, I think it is right to have "LSE xoff" under the OTC classification. I would be more than happy to discuss this with you further. I have been using the Fragulator and found this to be a valuable resource to get a quick picture of where trading is taking place!

I have a question about the way you have chosen to breakdown the OTC data. Currently, you have LSE and PLUS listed under OTC for a range of flags including NT (which I understand to be negotiated trades). I wondered whether it would be more appropriate for these to be classified as on-exchange under ‘Dark’ rather than OTC?

The reason for my question is that negotiated trades are conducted away from the central trading mechanism, but are bound by the rules of a regulated market or MTF. For this reason we consider them to be on-exchange under a pre-trade transparency waiver (i.e. dark) rather than OTC.

I am less familiar with some of the other flags that make up the LSE “OTC” breakdown. However, I think it is right to have “LSE xoff” under the OTC classification.

I would be more than happy to discuss this with you further.

]]> By: Iain Thomson http://fragmentation.fidessa.com/2009/11/27/should-i-stay-or-should-i-go-%e2%80%93-27-november-2009/comment-page-1/#comment-1874 Iain Thomson Mon, 30 Nov 2009 18:01:01 +0000 http://46.51.189.55/?p=959#comment-1874 We've spent some time trying to get our heads around the whole MiFID issue from a retail perspective. This gave me all the info I need in about 15 minutes! Great site. We’ve spent some time trying to get our heads around the whole MiFID issue from a retail perspective. This gave me all the info I need in about 15 minutes! Great site.

]]> By: D Glover http://fragmentation.fidessa.com/2009/11/27/should-i-stay-or-should-i-go-%e2%80%93-27-november-2009/comment-page-1/#comment-1864 D Glover Fri, 27 Nov 2009 16:53:03 +0000 http://46.51.189.55/?p=959#comment-1864 Instances like this certainly add to the argument for the need to create an american style consolidated best bid-offer. Instances like this certainly add to the argument for the need to create an american style consolidated best bid-offer.

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