Markit tackles equity transparency problems

Dubbed Markit MSA, the product takes a file of trade data from 11 top-tier banks at the end of each day and allows users to analyse liquidity in a particular stock. The tool is designed to appeal to traders on both the buy side and the sell side, as well as exchanges and alternative execution venues, as they can pick a stock and a time period and then run a report outlining which banks have traded the most volume and the execution venues they used.

According to Niall Cameron, Markit's executive v