Equiduct Gears Up For Mid-Year Launch

EXCHANGES

According to Artur Fischer, joint CEO of Equiduct, the MTF will offer a cheaper service than Chi-X, with four bands of pricing relating directly to order size. Fees will range from just €0.20 ($0.32) for orders of up to €5,000 ($7,900), to €1.10 ($1.75) for orders above €50,000 ($79,000).

The MTF has also launched a real-time feed, which will bring in market data from the London Stock Exchange, Deutsche Börse, Chi-X and Euronext. Known as the volume-weighted best bid and offer (VBBO), the fee