UNITED KINGDOM: Aquis Collaborates with BMLL to Deliver Venue, Market Quality and Liquidity Analytics

Monday May 9 2022

On 9^th May 2022, Bayesian Machine Learning Limited (BMLL) announced a collaboration with Aquis Exchange (AQX.L) to provide its members with insights into market structure dynamics, including venue quality and liquidity analytics.  

Using BMLL’s granular Level 3 Data and analytics, Aquis can monitor and evidence liquidity dynamics and provide its members with third-party, independent verification on the availability of passive liquidity on its own venues versus other European exchanges. This insight helps unlock valuable trading opportunities for Aquis Members, increasing fill probabilities at a better rate and with minimum market impact.  

BMLL offers full order book transparency by bringing together granular Level 3 Data from 65 venues across equities, ETFs and futures in one harmonised format. BMLL Level 3 Data captures all individual orders and messages, providing market participants insights into order fill probability; order resting time; and order queue dynamics. 

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