Equiduct Debuts Pan-European VBBO Feed

By the end of April, the feed will carry data on up to 800 European stocks, although only a subset of those stocks will be available at launch, officials say.

The goal of the VBBO will be to provide volume-weighted best bid and offer prices based on aggregated liquidity across multiple venues, says Artur Fischer, co-chief executive of Equiduct Trading and its parent company, Börse Berlin. One of the inclusion criteria is that a stock must already trade across more than one visible liquidity pool

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