Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Infrastructure

10:09 AM
Connect Directly
RSS
E-Mail
50%
50%

Interactive Data Launches European Consolidated Order Book Service

Interactive Data Corporation has launched PlusBook, a consolidated order book service for the European markets.

PlusBook provides sub-millisecond performance and lets users track liquidity across multiple venues in Europe and in the U.S. market.

PlusBook can be integrated with Interactive Data’s PlusFeed data feed as well and provides level 1 and 2 data.

In a statement, Henk D'Hoore, head of Product, EMEA, Interactive Data's Real-Time Services business, said, “Following an in-depth review of the impact of MiFID and in consultation with a wide number of buy and sell-side participants, we believe that we've developed a service that the market wants.”

He added, “PlusBook is designed to help customers meet their best execution requirements - it provides price transparency and allows for more efficient pre and post-trade analysis. It's easy-to-use and offers flexibility and speed, enabling customizable views and faster decision-making.”

The post-MiFID European markets have seen a growing number of Multilateral Trading Facilities (MTFs) and ECNs pop up.

Register for Wall Street & Technology Newsletters
Video
7 Unusual Behaviors That Indicate Security Breaches
7 Unusual Behaviors That Indicate Security Breaches
Breaches create outliers. Identifying anomalous activity can help keep firms in compliance and out of the headlines.