Thomson Reuters has a number of solutions for market data consolidation on the desktop and for both pre and post trade analysis. More information on these is provided below and on the other tabs of this site.

We would like to better tailor these to the needs of clients. Therefore, through October we will be consulting with market participants to clarify their consolidation needs and workflow with the aim of establishing a set of standards to which we will ultimately tailor our solutions. It is our intention to publish these standards so that they can be shared across data and solution vendors. We would welcome as wide an input as possible. To participate please email us at mifid@reuters.com.

Broad Data Coverage

Thomson Reuters publishes the data from all the Exchanges, new MTFs & all the OTC reporting venues, through its desktop and feeds. This data has been delivered at the best price Reuters can obtain from the contributing venues.

XBO RIC European BBO

The .xbo delivers a European BBO which displays the best executable price and venue within the MiFID Zone. It also provides a display of the last 5 orderbook trades from European executable trading venues. The attributes of .xbo are:

• Real Time European Consolidated Best Bid & Offer
• Time & Sales
• 9 regional segments to minimise data costs
• Real-Time Calculated VWAP
• RIC Syntax = [XXX][CUR].xbo e.g. VODGBP.xbo
• Available via 3000xtra, Datafeeds, Reuters Trader & RWM
• Graphing provided through TS1
• EOD on DataScope
• Universe Major European Index Constituents

XT RIC MiFID Consolidated Trade Tape

The .xt delivers a consolidated view of all trades reported for major MiFID zone European equities. The source venues include executable trading venues and Over-The-Counter trade reporting venues. The xt is a streaming delayed data service which displays delayed tick by tick trades, thereby eliminating exchange fee liability. The attributes of .xt RICs are:

• Consolidated European Trade Tape
• Streaming Delayed Tick By Tick Trade Data
• Includes Exchanges, MTFs and Trade
• Publishing Venues
• RIC Syntax = [/][XXX][CUR].xt e.g. /VODGBP.xt
• Available on 3000 xtra, Datafeeds, Reuters Trader & RWM
• Universe 1500 Most Liquid European Equities

Consolidated Order Book

Ordering the Services

Clients wishing to order this data should contact their local Thomson Reuters order management team.

Order Contact Details are available on:
https://customers.reuters.com/kccontactus/support.asp

https://customers.reuters.com/kccontactus/telephone.aspx

Further information can be found on the customerzone page:
https://customers.reuters.com/support/datasupport/mifid.aspx

Download monthly summaries on a per market and index basis

The spreadsheets below provide monthly reports at a summarised level by markets and index constituents in Pan European Equities. These show the market share in terms of all trades published across the different European exchanges and other reporting venues.

• 2009 Market Share Report (Jan - Oct) XLS
• 2008 Market Share Reports XLS

From March 2009 the Monthly Equity Market Share reports are being sourced from our recently launched Equity Market Share Reporter. Both the Volume and Turnover data are now calculated based on each individual trade reported by all European Exchanges, MTFs, and OTC trade reporting venues rather than the accumulated volume figures for each stock as published by the Exchanges. Trades reported after trade-date are now reflected in these statistics. We are also able to separately identify the trading volumes of the Independent Dark Pools.

The report most recently published spreadsheet for January to July 2009 reflects separate values for all trades published through  MiFID trade publication services with the venue name and " - OTC". This reflects feedback to the data published last month requesting that these trades be split out from the totals per venue for trade executed on those venues or reported under the rules of those venues.

This classification of OTC trades differs from that previously used where only trades on the exchanges' MiFID trade reporting services were categorised as OTC. However in our recent review and categorisation of trades into our seven standard trade classifications it was clear that for a number of exchanges including the LSE and NASDAQ OMX, that trades published through their MiFID reporting services in stocks traded on their exchange, trades were included in their main feed with trade flags to identify them as such. As a consequence the totals for OTC trades in the January to July 2009 is higher than previously identified.

The Equity Market Share Reporter in addition provides:

• data broken down into more granular trade types such as Transparent Order Book, Dark Order Book, On-Exchange Reported & Off-Exchange (OTC), and
• analysis of the trading liquidity of any stock for which trades have been published by any of the comprehensive list of Exchanges, MTFs, Dark Pools & OTC reporting venues covered, and
• easy downloading of the data into Excel.

For further information about the Monthly Market Share reports or to request to be added to our distribution list for notification of when new reports are posted please email: mifid@reuters.com.