Euronext Mid-Point Match
Available since 8 April 2024 on Euronext's seven regulated markets, Euronext Mid-Point Match is an advanced suite of Dark Mid-Point and Dark-Lit Sweep functionalities embedded within Euronext's Central Order Book.
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Client adoption: over 30 trading members and Independent Software Providers are in production or test environment.
Are your sell-side counterparties and ISV connected already? -
Successful go-live: the whole value chain of trading execution and transaction reporting is working smoothly
Check out MIC references and ESMA guidelines: Euronext Mid-Point Match MIC code identification, Dark indicator and ESMA guidelines on Transaction Reporting -
Quant Research study: When you trade Euronext-listed stocks on dark MTFs based in London, 31% of the dark trades occur at a “stale” midpoint price, resulting in an implicit latency cost of up to 0.69bps
How to avoid the implicit latency tax? Trade via Euronext dark pool at zero-latency, and discuss the findings of our quant study with your brokers. "The latency costs of Dark MTFs on continental stocks: How kilometres translate into basis points"
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Is your broker connected?
Don't be afraid of the dark, now you can trade on Euronext Mid-Point Match.
Contact us at: EquitiesTeam@euronext.com