Smart Routing: The Sat Nav of the Trading World
A couple of people have pointed out to me that the dial seems to be really moving now in terms of fragmentation across the Nordic region. A quick look shows that Stockholm’s share of the benchmark S30 index has now fallen to around 72% and that the FFI for the same index has shot up by 15% just since the beginning of the year. We’re also seeing a similar situation in Copenhagen where fragmentation has grown 20% since January as well. Seems like there are two forces... Read More
Freaky Fridays
A few of us here at Fidessa Towers have been wondering about the spiky path fragmentation has taken over the past year or so. Whilst the overriding trend is upwards there have been a number of times when the rate of fragmentation has suddenly dipped only to recover its upward trajectory the next day. This was particularly evident with the FTSE 100 last month where the LSE’s average market share for February was around 40% and its average trade size was around 2,600 shares.... Read More

