The Missed IOC Liquidity Indicator provides unprecedented visibility into Immediate-or-Cancel (IOC) orders that fail to execute immediately upon submission. Delivered as end-of-day (EOD) files, the dataset reveals both executed IOC orders and IOC orders that were fully missed, thus rejected.
Until now, this level of insight has been available only to executing members on their own orders. With this product, Euronext opens a broader view of missed liquidity across the market, enabling deeper analysis of execution conditions and market dynamics.
Product benefits
- Enhanced transparency into market liquidity
- Helps in building more informed trading and resilient strategies
- Identify hidden liquidity gaps and execution constraints
Frequency and delivery
Delivered daily EOD after trading days, via CSV files via Euronext Datashop SFTP.
Use cases
- Back testing
- Investment strategies
- Trading
