mar ke t s h ar e s p r e ad s book d e p th s bes t pr ic es · 4 bat e 55. 72 + 15.48 5 t r q x...

36
LiquidMetrix Battlemap for ES-35 Current Period Comparison Period 01-Jul-2020 to 31-Jul-2020 01-Jun-2020 to 30-Jun-2020 Market Share Rank Venue Market Share Change 1 XMAD 71.51% -5.77 2 CHIX 12.62% +2.53 3 BATE 7.00% +1.51 4 TRQX 5.08% +1.30 5 AQXE 3.78% +0.43 Volume Trend _________________ Market Share Trend Spreads At touch Rank Venue Spread (bps) Change 1 XMAD 7.30 -0.43 2 AQXE 8.33 -0.40 3 CHIX 9.62 -0.71 4 BATE 16.31 +1.07 5 TRQX 18.65 +0.16 Monthly Spread Trend _________________ 25k EUR deal Rank Venue Spread (bps) Change 1 XMAD 10.87 -0.58 2 AQXE 14.56 -1.39 3 CHIX 15.22 -1.59 4 BATE 22.18 -5.08 5 TRQX 50.92 +5.16 Monthly Spread Trend Book Depths 10BPS Depth (top of book) Rank Venue Depth (1K EUR) Change 1 XMAD 118.5 +18.0 2 CHIX 39.8 +5.0 3 AQXE 35.7 -1.0 4 BATE 20.1 +0.5 5 TRQX 7.2 -0.5 Monthly Depth Trend _________________ 50BPS Depth (deeper into book) Rank Venue Depth (1K EUR) Change 1 XMAD 1,010.2 +105.9 2 CHIX 270.6 +11.7 3 AQXE 165.9 -12.9 4 BATE 149.8 -3.4 5 TRQX 56.5 0.0 Monthly Depth Trend Best Prices At touch Rank Venue Best Price (%) Change 1 XMAD 16.82 -1.18 2 AQXE 9.87 -2.77 3 CHIX 3.37 -0.13 4 BATE 2.40 +0.04 5 TRQX 2.13 +0.46 Best Prices Trend _________________ 25k EUR deal Rank Venue Best Price (%) Change 1 XMAD 78.72 -0.23 2 AQXE 7.97 -2.87 3 CHIX 6.51 +1.66 4 BATE 0.50 -0.03 5 TRQX 0.15 -0.08 Best Prices Trend Market share is based on on-book value traded during continuous trading. The share is calculated by averaging over all stocks in the index. The current value shown is for last week and the change is relative to the previous week. Spreads measure the bid to offer spread of the best visible orders in the book. The result is averaged over the stocks in the index and is based on measurements of the order books every 30 seconds. The value for the spread is quoted in basis points (0.01%). Market depth measures the amount of visible liquidity (bids and offers) in the order book within 10 or 50 BPS of mid price. The result is averaged over the stocks in the index and is based on measurements of the order book every 30 seconds. This is quoted in '000s of EUR. Best Price % measures how often each venue posts an absolute best price (no ties) for stocks. The result is averaged over the stocks in the index and is based on measurements of the order book every 5 seconds.

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Page 1: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

ES-35

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 71.51% -5.77

2 CHIX 12.62% +2.53

3 BATE 7.00% +1.51

4 TRQX 5.08% +1.30

5 AQXE 3.78% +0.43

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.30 -0.43

2 AQXE 8.33 -0.40

3 CHIX 9.62 -0.71

4 BATE 16.31 +1.07

5 TRQX 18.65 +0.16

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.87 -0.58

2 AQXE 14.56 -1.39

3 CHIX 15.22 -1.59

4 BATE 22.18 -5.08

5 TRQX 50.92 +5.16

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 118.5 +18.0

2 CHIX 39.8 +5.0

3 AQXE 35.7 -1.0

4 BATE 20.1 +0.5

5 TRQX 7.2 -0.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,010.2 +105.9

2 CHIX 270.6 +11.7

3 AQXE 165.9 -12.9

4 BATE 149.8 -3.4

5 TRQX 56.5 0.0

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.82 -1.18

2 AQXE 9.87 -2.77

3 CHIX 3.37 -0.13

4 BATE 2.40 +0.04

5 TRQX 2.13 +0.46

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 78.72 -0.23

2 AQXE 7.97 -2.87

3 CHIX 6.51 +1.66

4 BATE 0.50 -0.03

5 TRQX 0.15 -0.08

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 2: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

ACS Actividades de Construccion y Servicios SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.37% -1.30

2 CHIX 12.78% +0.25

3 BATE 7.82% +0.17

4 AQXE 4.27% +0.26

5 TRQX 2.76% +0.62

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.91 -1.18

2 AQXE 9.22 -0.50

3 CHIX 11.39 -0.86

4 BATE 25.14 +4.82

5 TRQX 27.50 -1.81

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 12.97 -0.59

2 AQXE 23.88 +2.13

3 CHIX 24.15 +2.18

4 BATE 55.72 +15.48

5 TRQX 75.37 -3.97

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 71.8 -8.7

2 AQXE 22.6 -6.4

3 CHIX 21.6 -6.0

4 BATE 6.5 -6.0

5 TRQX 2.8 -0.1

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 675.4 -189.3

2 CHIX 180.5 -62.7

3 AQXE 118.0 -35.3

4 BATE 55.0 -53.0

5 TRQX 45.5 +0.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.35 +2.27

2 AQXE 9.34 -2.70

3 CHIX 3.99 -0.29

4 BATE 3.90 -0.26

5 TRQX 2.07 -0.08

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 91.68 +10.02

2 AQXE 3.88 -7.00

3 CHIX 3.68 -2.08

4 BATE 0.40 -0.56

5 TRQX 0.02 -0.03

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 3: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Acerinox SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 69.90% -7.37

2 CHIX 13.61% +3.70

3 BATE 7.68% +2.08

4 AQXE 6.44% +1.25

5 TRQX 2.36% +0.34

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 9.27 -3.77

2 AQXE 10.40 -3.44

3 CHIX 16.74 -3.94

4 TRQX 50.93 +5.49

5 BATE 58.49 +15.84

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 18.38 -4.13

2 AQXE 25.05 -15.48

3 CHIX 27.44 -11.91

4 TRQX 342.43 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 41.8 +15.0

2 AQXE 20.9 +6.8

3 CHIX 18.6 +12.8

4 BATE 0.8 -0.1

5 TRQX 0.4 -0.1

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 443.7 +23.1

2 CHIX 166.5 +42.3

3 AQXE 84.6 +17.9

4 BATE 17.5 -8.6

5 TRQX 14.5 -1.2

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 30.38 +2.29

2 AQXE 20.76 -10.12

3 CHIX 6.38 0.00

4 BATE 2.35 0.00

5 TRQX 1.46 -0.02

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 87.30 -7.22

2 AQXE 6.71 +2.37

3 CHIX 5.88 +4.81

4 BATE 0.02 +0.01

5 TRQX 0.00 -0.01

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 4: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Aena SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 63.10% -5.98

2 CHIX 14.77% +3.26

3 BATE 9.77% +2.57

4 TRQX 8.71% +0.79

5 AQXE 3.65% -0.64

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 12.31 +0.50

2 AQXE 13.62 +0.78

3 CHIX 14.83 +0.65

4 TRQX 16.18 -0.27

5 BATE 17.29 +0.60

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 15.61 +0.08

2 CHIX 21.66 -0.31

3 AQXE 21.75 +0.71

4 BATE 28.84 -0.92

5 TRQX 46.86 +1.24

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 63.8 +9.5

2 CHIX 32.7 +3.6

3 AQXE 30.6 +0.6

4 BATE 22.2 +4.4

5 TRQX 14.1 +2.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 754.1 -215.7

2 CHIX 251.3 +0.6

3 BATE 163.2 -0.6

4 AQXE 160.2 -15.9

5 TRQX 92.2 +7.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 4.89 -0.61

2 AQXE 1.57 -0.64

3 CHIX 0.73 -0.46

4 BATE 0.48 -0.77

5 TRQX 0.48 -0.88

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 62.60 +0.64

2 AQXE 11.20 -4.60

3 CHIX 6.22 -0.29

4 BATE 1.27 +0.25

5 TRQX 0.72 -0.41

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 5: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

ALMIRALL SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.32% -8.89

2 CHIX 9.79% +4.09

3 TRQX 6.90% +4.05

4 BATE 6.02% +1.67

5 AQXE 4.97% -0.92

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 14.23 -3.62

2 AQXE 15.75 -3.48

3 CHIX 23.53 -17.73

4 TRQX 44.79 -24.30

5 BATE 50.02 -2.49

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 21.41 -8.84

2 CHIX 43.07 -64.36

3 AQXE 48.33 -12.41

4 BATE 130.68 -37.09

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 36.1 +17.9

2 AQXE 10.2 +2.2

3 CHIX 7.1 +4.8

4 BATE 1.2 +0.7

5 TRQX 0.5 +0.4

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 440.8 +136.6

2 CHIX 76.4 +39.9

3 AQXE 54.3 +16.6

4 TRQX 22.5 +12.2

5 BATE 20.4 +5.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.41 +0.66

2 AQXE 4.62 -1.10

3 BATE 0.95 -0.86

4 CHIX 0.84 -0.72

5 TRQX 0.60 +0.15

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 97.61 -0.02

2 CHIX 1.20 +0.02

3 AQXE 0.98 -0.12

4 BATE 0.05 +0.02

5 TRQX 0.01 +0.01

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 6: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Amadeus IT Holding SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 58.66% -14.29

2 CHIX 17.47% +5.01

3 BATE 10.03% +5.06

4 TRQX 8.78% +2.66

5 AQXE 5.06% +1.56

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.98 -0.76

2 AQXE 6.69 -0.75

3 CHIX 8.40 -0.54

4 BATE 11.26 -1.25

5 TRQX 18.75 +1.92

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.51 -0.35

2 AQXE 11.11 -1.73

3 CHIX 12.40 -0.64

4 BATE 16.36 -2.09

5 TRQX 120.35 +48.02

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 146.4 -4.5

2 CHIX 85.8 +3.3

3 AQXE 73.2 -4.6

4 BATE 52.9 +10.1

5 TRQX 10.0 -8.8

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 936.6 -85.1

2 CHIX 511.0 -35.0

3 BATE 421.3 +39.0

4 AQXE 289.7 -85.0

5 TRQX 55.3 -31.9

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.78 +4.08

2 AQXE 14.26 +0.24

3 CHIX 6.58 -0.26

4 TRQX 4.07 -0.19

5 BATE 3.06 -0.70

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 61.45 +2.29

2 AQXE 24.17 -0.89

3 CHIX 12.38 +1.11

4 BATE 1.08 +0.19

5 TRQX 0.23 -0.74

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 7: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Acciona SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.55% -9.31

2 CHIX 16.12% +4.90

3 BATE 7.87% +3.09

4 TRQX 5.40% +1.17

5 AQXE 5.06% +0.16

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 10.92 -1.77

2 AQXE 11.94 -1.46

3 CHIX 17.85 -0.66

4 TRQX 39.19 -3.22

5 BATE 43.53 +5.47

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 15.68 -1.54

2 AQXE 23.98 -2.02

3 CHIX 35.73 -3.32

4 BATE 79.34 -9.60

5 TRQX 95.75 -14.42

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 53.5 +7.0

2 AQXE 20.3 +1.9

3 CHIX 11.7 +3.1

4 BATE 1.9 +0.6

5 TRQX 0.9 +0.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 711.2 +32.0

2 AQXE 120.7 -0.4

3 CHIX 117.4 +9.0

4 BATE 35.3 +4.7

5 TRQX 29.7 +2.1

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.75 +0.09

2 AQXE 6.04 -0.74

3 CHIX 0.77 +0.14

4 BATE 0.31 -0.02

5 TRQX 0.11 +0.05

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 81.39 -4.46

2 AQXE 12.96 +1.70

3 CHIX 4.20 +2.29

4 BATE 0.32 +0.20

5 TRQX 0.02 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 8: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Banco Bilbao Vizcaya Argentaria SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 73.25% -5.36

2 CHIX 13.63% +4.34

3 BATE 7.20% +1.17

4 TRQX 3.28% +0.05

5 AQXE 2.64% -0.20

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.63 -0.94

2 AQXE 8.00 -0.48

3 CHIX 9.69 -1.49

4 BATE 11.48 -0.92

5 TRQX 20.40 +0.75

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.92 -1.06

2 CHIX 13.41 -2.64

3 AQXE 13.81 -0.04

4 BATE 17.81 -1.26

5 TRQX 56.75 -0.57

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 151.3 +16.7

2 CHIX 70.0 +17.9

3 AQXE 51.8 -1.6

4 BATE 38.9 +2.8

5 TRQX 8.2 +0.6

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,286.7 +23.5

2 CHIX 487.0 +18.1

3 BATE 343.2 +2.0

4 AQXE 236.5 -28.0

5 TRQX 56.4 -8.5

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.15 -2.05

2 AQXE 10.06 -4.50

3 CHIX 3.61 +0.26

4 TRQX 3.15 +0.45

5 BATE 2.83 +1.02

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 74.87 +3.37

2 AQXE 12.15 -9.86

3 CHIX 9.73 +5.48

4 BATE 0.83 -0.07

5 TRQX 0.08 -0.07

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 9: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

BANKIA SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.41% -7.62

2 CHIX 14.97% +4.90

3 BATE 5.43% +1.52

4 TRQX 3.82% +1.57

5 AQXE 3.38% -0.37

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 12.93 -1.51

2 AQXE 14.79 -0.44

3 CHIX 19.89 -3.00

4 TRQX 51.99 +1.18

5 BATE 59.14 +8.62

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 22.57 -1.73

2 CHIX 34.85 -9.91

3 AQXE 41.99 -6.93

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 28.0 +4.8

2 AQXE 10.4 -1.3

3 CHIX 10.0 +5.8

4 BATE 0.4 0.0

5 TRQX 0.2 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 366.1 +2.9

2 CHIX 115.6 +22.5

3 AQXE 56.2 +0.3

4 TRQX 16.6 +2.5

5 BATE 14.8 -3.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.57 -1.82

2 AQXE 8.21 -14.66

3 CHIX 1.82 +0.88

4 BATE 0.80 +0.18

5 TRQX 0.40 +0.22

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 94.89 -1.18

2 CHIX 4.12 +3.26

3 AQXE 0.84 -2.14

4 BATE 0.03 +0.03

5 TRQX 0.00 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 10: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Bankinter SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 66.47% -7.67

2 CHIX 14.89% +3.92

3 BATE 8.22% +2.25

4 TRQX 5.31% +1.18

5 AQXE 5.11% +0.34

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.90 -2.08

2 AQXE 8.30 -2.16

3 CHIX 11.76 -3.78

4 TRQX 38.61 +3.84

5 BATE 46.04 +11.11

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 14.37 -2.75

2 AQXE 20.23 -9.61

3 CHIX 22.45 -8.80

4 BATE 86.43 +0.67

5 TRQX 137.83 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 64.1 +16.6

2 AQXE 27.0 +8.2

3 CHIX 25.9 +13.3

4 BATE 1.1 -0.5

5 TRQX 0.7 -0.2

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 556.8 +27.6

2 CHIX 200.3 +44.0

3 AQXE 114.8 +32.9

4 BATE 29.8 -3.7

5 TRQX 29.1 +3.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 25.71 -4.63

2 AQXE 22.79 -4.28

3 CHIX 6.65 +0.91

4 BATE 2.38 -0.87

5 TRQX 1.22 +0.16

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 87.11 -6.88

2 AQXE 7.25 +3.20

3 CHIX 5.54 +3.64

4 BATE 0.05 +0.04

5 TRQX 0.00 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 11: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

CaixaBank

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.79% +0.61

2 CHIX 12.21% +2.19

3 BATE 6.74% -1.53

4 AQXE 3.02% +0.21

5 TRQX 2.25% -1.48

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 8.54 +0.52

2 AQXE 9.84 +1.42

3 CHIX 11.33 -0.42

4 BATE 12.87 +0.06

5 TRQX 29.34 +6.03

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 12.73 +0.13

2 CHIX 18.20 +0.39

3 AQXE 20.10 +3.41

4 BATE 26.13 +6.06

5 TRQX 82.73 +50.05

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 97.8 +9.4

2 CHIX 41.3 +0.1

3 AQXE 31.8 -4.7

4 BATE 21.2 -13.1

5 TRQX 2.6 -7.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 754.0 -106.5

2 CHIX 287.0 -50.7

3 BATE 178.1 -108.0

4 AQXE 156.9 -15.5

5 TRQX 36.6 -61.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.33 -4.67

2 AQXE 9.68 -6.86

3 TRQX 3.07 +2.20

4 CHIX 2.45 -0.35

5 BATE 2.21 -0.15

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 82.25 +2.26

2 AQXE 8.50 -3.41

3 CHIX 7.96 +2.39

4 BATE 0.57 -1.49

5 TRQX 0.01 -0.32

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 12: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

CIE AUTOMOTIVE SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 79.24% -3.24

2 CHIX 10.99% +2.67

3 AQXE 4.52% +0.52

4 BATE 4.24% +0.53

5 TRQX 1.01% -0.48

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 16.68 -5.10

2 AQXE 19.17 -4.71

3 CHIX 29.78 -3.48

4 BATE 56.90 +1.72

5 TRQX 57.57 -5.76

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 26.84 -5.34

2 CHIX 45.67 -9.03

3 AQXE 46.96 -9.47

4 BATE 142.31 +17.01

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 20.9 +10.3

2 AQXE 8.0 +2.9

3 CHIX 3.9 +3.1

4 BATE 0.2 0.0

5 TRQX 0.1 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 363.3 +40.3

2 CHIX 94.2 +8.5

3 AQXE 50.3 -1.1

4 BATE 18.7 -2.0

5 TRQX 15.9 +0.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 19.23 -1.70

2 AQXE 4.61 -3.68

3 CHIX 3.68 +0.16

4 BATE 1.52 -0.66

5 TRQX 0.93 +0.04

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 97.52 +2.08

2 CHIX 1.79 -0.14

3 AQXE 0.56 -1.98

4 BATE 0.00 -0.04

5 TRQX 0.00 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 13: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Cellnex Telecom SAU

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.53% -7.57

2 CHIX 13.58% +3.06

3 TRQX 7.01% +2.66

4 BATE 6.84% +1.24

5 AQXE 4.04% +0.61

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.71 -0.24

2 AQXE 8.35 +0.11

3 CHIX 8.83 -1.22

4 BATE 12.21 -2.13

5 TRQX 20.48 -3.63

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.09 -1.11

2 CHIX 13.05 -2.75

3 AQXE 13.41 -1.01

4 BATE 18.68 -3.53

5 TRQX 50.28 -22.76

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 173.8 +34.3

2 CHIX 76.8 +20.4

3 AQXE 55.8 -5.1

4 BATE 39.1 +9.0

5 TRQX 11.2 +4.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,419.4 +151.2

2 CHIX 467.3 +52.7

3 BATE 330.4 +27.4

4 AQXE 279.2 +5.1

5 TRQX 73.4 +31.1

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 13.62 -5.79

2 AQXE 6.76 -4.50

3 TRQX 4.61 +1.77

4 BATE 4.29 +0.65

5 CHIX 3.89 -1.41

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 66.71 +0.08

2 CHIX 11.93 +3.78

3 AQXE 10.23 -11.00

4 BATE 1.62 +0.93

5 TRQX 0.60 +0.30

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 14: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

INMOBILIARIA COLONIAL SA INMOBILIARIA COLO

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.91% -3.04

2 CHIX 12.51% -0.63

3 BATE 7.86% +0.62

4 AQXE 5.65% +0.44

5 TRQX 5.07% +2.61

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 14.75 -1.73

2 AQXE 16.32 -1.09

3 CHIX 26.69 -0.35

4 BATE 56.27 +6.52

5 TRQX 62.15 +0.84

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 26.52 +0.47

2 AQXE 44.44 -0.08

3 CHIX 48.30 -1.04

4 BATE 108.43 -1.90

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 16.8 -3.1

2 AQXE 7.9 -0.5

3 CHIX 3.5 +0.1

4 BATE 0.6 +0.2

5 TRQX 0.1 0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 271.5 -38.4

2 CHIX 83.2 -5.9

3 AQXE 56.3 -6.2

4 BATE 21.8 -1.2

5 TRQX 14.2 +0.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 17.85 +5.65

2 AQXE 12.23 +3.74

3 CHIX 4.88 +3.13

4 BATE 3.20 +1.29

5 TRQX 1.79 +1.12

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 96.34 +0.02

2 CHIX 1.94 -0.18

3 AQXE 1.56 +0.06

4 BATE 0.10 +0.10

5 TRQX 0.00 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 15: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Endesa SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.69% -4.39

2 CHIX 8.54% +2.00

3 BATE 4.84% +1.99

4 TRQX 3.56% -0.52

5 AQXE 2.37% +0.91

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.77 -1.55

2 AQXE 7.85 -1.45

3 CHIX 8.39 -1.19

4 BATE 13.00 -6.36

5 TRQX 14.61 +2.06

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.86 -1.61

2 CHIX 14.89 -1.96

3 AQXE 16.12 -3.67

4 BATE 26.52 -25.00

5 TRQX 43.86 +9.66

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 111.1 -1.7

2 CHIX 46.0 +2.2

3 AQXE 36.7 +5.2

4 BATE 20.7 +10.0

5 TRQX 11.3 -6.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,055.2 +35.5

2 CHIX 285.6 +30.6

3 AQXE 171.7 +13.6

4 BATE 168.5 +101.5

5 TRQX 87.7 -36.1

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 8.99 +0.13

2 AQXE 5.37 +1.00

3 TRQX 3.97 +1.82

4 BATE 3.16 -0.88

5 CHIX 2.69 +0.40

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 74.90 -4.31

2 CHIX 11.28 +1.12

3 AQXE 7.75 +2.23

4 BATE 1.36 +0.62

5 TRQX 0.38 -0.87

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 16: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

GRUPO EMPRES ENCE

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.15% -4.12

2 CHIX 8.13% +1.66

3 BATE 5.05% +1.86

4 AQXE 4.78% +0.64

5 TRQX 1.88% -0.04

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 15.76 -2.78

2 AQXE 16.73 -3.10

3 CHIX 32.23 -1.34

4 TRQX 69.70 +1.84

5 BATE 97.17 +26.63

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 27.57 -3.64

2 AQXE 35.91 -12.70

3 CHIX 49.74 -9.66

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 15.1 +4.9

2 AQXE 9.9 +2.8

3 CHIX 1.9 +1.3

4 BATE 0.1 +0.0

5 TRQX 0.0 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 323.0 +20.6

2 CHIX 74.8 +6.4

3 AQXE 59.2 +7.8

4 TRQX 13.5 -0.9

5 BATE 11.5 -5.5

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 25.99 -4.93

2 AQXE 18.04 +0.82

3 CHIX 4.01 +0.03

4 BATE 1.07 +0.18

5 TRQX 0.83 +0.12

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 94.64 +0.56

2 AQXE 4.88 -0.38

3 CHIX 0.44 -0.14

4 TRQX 0.00 +0.00

5 BATE 0.00 -0.04

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 17: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Enagas SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 80.36% +0.20

2 CHIX 9.20% -0.55

3 BATE 4.51% +0.17

4 TRQX 3.00% +0.77

5 AQXE 2.93% -0.59

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 8.43 +0.38

2 AQXE 9.36 +0.44

3 CHIX 10.44 +0.02

4 TRQX 23.35 +0.71

5 BATE 23.59 +3.96

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 12.26 -0.56

2 CHIX 19.53 -3.23

3 AQXE 23.01 +3.24

4 BATE 57.89 +4.49

5 TRQX 66.58 +5.21

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 104.0 +18.4

2 CHIX 35.9 +7.9

3 AQXE 25.8 -5.2

4 BATE 9.3 +0.2

5 TRQX 5.2 +0.2

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 973.2 +140.8

2 CHIX 201.7 +32.5

3 AQXE 119.5 -32.3

4 BATE 54.5 -5.5

5 TRQX 50.5 +2.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 10.70 -0.57

2 AQXE 7.19 -0.80

3 BATE 3.68 -0.12

4 CHIX 2.62 -0.81

5 TRQX 2.59 -0.38

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 83.92 +5.02

2 CHIX 10.10 +2.85

3 AQXE 3.04 -9.15

4 BATE 0.51 +0.22

5 TRQX 0.18 +0.11

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 18: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Ferrovial SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 71.35% +7.83

2 CHIX 10.18% -3.25

3 TRQX 8.55% -1.82

4 BATE 6.78% -2.49

5 AQXE 3.14% -0.27

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.94 +0.60

2 AQXE 9.13 +1.23

3 CHIX 10.05 +0.85

4 BATE 11.88 +1.58

5 TRQX 14.47 +1.64

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.40 +0.96

2 AQXE 14.51 +1.58

3 CHIX 15.01 +1.61

4 BATE 20.79 +3.72

5 TRQX 39.71 +3.07

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 104.1 -20.4

2 CHIX 53.9 -14.7

3 AQXE 48.4 -6.7

4 BATE 29.9 -12.1

5 TRQX 14.7 -3.4

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 923.3 -102.8

2 CHIX 354.9 -90.8

3 BATE 231.8 -62.9

4 AQXE 226.5 -65.0

5 TRQX 81.6 -10.8

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 9.99 +1.33

2 AQXE 5.16 -1.87

3 TRQX 4.09 +0.07

4 BATE 2.41 +0.22

5 CHIX 1.86 -0.94

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 61.65 +4.02

2 AQXE 15.74 -3.76

3 CHIX 12.23 -0.31

4 BATE 1.76 -0.14

5 TRQX 1.00 -0.18

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 19: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

GRIFOLS CLASE A

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 62.29% -7.81

2 CHIX 16.36% +3.52

3 BATE 8.63% +1.29

4 AQXE 6.52% +1.36

5 TRQX 6.20% +1.65

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.81 -0.37

2 AQXE 7.95 -0.42

3 CHIX 9.16 -0.53

4 BATE 12.08 -0.21

5 TRQX 23.47 +0.85

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.57 -0.21

2 CHIX 15.79 -2.16

3 AQXE 16.43 -0.52

4 BATE 24.70 +0.66

5 TRQX 80.67 -7.06

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 94.3 +2.4

2 CHIX 48.4 +11.7

3 AQXE 36.1 +1.7

4 BATE 23.0 +0.4

5 TRQX 5.3 -0.8

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 729.4 -152.1

2 CHIX 288.8 +24.8

3 BATE 190.0 -9.1

4 AQXE 166.5 -11.3

5 TRQX 49.1 +4.3

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 13.51 -1.15

2 AQXE 7.43 -0.71

3 TRQX 3.68 0.00

4 CHIX 3.58 -0.94

5 BATE 2.96 +0.12

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 70.29 -3.95

2 CHIX 18.01 +7.43

3 AQXE 9.60 -3.32

4 BATE 0.82 -0.36

5 TRQX 0.16 -0.10

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 20: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

International Consolidated Airlines Group SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 82.82% -4.29

2 CHIX 7.40% +1.54

3 BATE 5.26% +1.26

4 AQXE 2.88% +0.63

5 TRQX 1.63% +0.86

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 11.55 +0.05

2 AQXE 12.97 +0.02

3 CHIX 19.16 +0.13

4 BATE 23.36 +1.13

5 TRQX 31.42 -4.79

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 19.64 +1.07

2 CHIX 29.92 +0.12

3 AQXE 31.16 -4.26

4 BATE 37.15 +0.05

5 TRQX 51.84 -13.85

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 37.2 -13.5

2 AQXE 12.9 -4.6

3 CHIX 9.2 -1.3

4 BATE 2.7 -2.0

5 TRQX 1.3 +0.3

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 608.9 -189.9

2 CHIX 195.0 -20.1

3 BATE 132.2 -11.4

4 TRQX 112.9 +32.1

5 AQXE 68.4 +8.0

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 23.23 -1.93

2 AQXE 13.46 -1.63

3 BATE 4.37 -1.98

4 CHIX 4.24 -3.27

5 TRQX 1.25 +0.09

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 91.45 +7.77

2 CHIX 5.67 -3.31

3 AQXE 1.79 -3.55

4 BATE 0.77 -1.00

5 TRQX 0.25 +0.14

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 21: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Iberdrola SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 65.88% -7.86

2 CHIX 14.86% +1.67

3 BATE 8.28% +2.87

4 TRQX 7.24% +2.97

5 AQXE 3.74% +0.35

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.80 +0.25

2 CHIX 6.11 +0.10

3 AQXE 6.53 +0.36

4 BATE 7.01 -0.60

5 TRQX 7.03 -1.07

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 6.52 -0.07

2 CHIX 7.61 -0.08

3 AQXE 7.89 +0.56

4 BATE 10.73 -0.57

5 TRQX 16.14 -3.72

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 437.0 +39.3

2 CHIX 176.9 -8.8

3 AQXE 130.5 -29.6

4 BATE 96.2 -7.9

5 TRQX 54.3 +8.7

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 2,786.8 +623.4

2 CHIX 936.0 +122.9

3 AQXE 570.9 -106.6

4 BATE 516.3 -17.1

5 TRQX 224.3 +58.2

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 3.29 -2.31

2 AQXE 0.84 -0.77

3 CHIX 0.73 -0.43

4 BATE 0.60 +0.27

5 TRQX 0.38 +0.03

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 21.48 -4.44

2 AQXE 5.29 -12.48

3 CHIX 4.99 -2.90

4 BATE 0.83 +0.25

5 TRQX 0.63 +0.17

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 22: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Indra Sistemas SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 79.63% +4.65

2 CHIX 7.55% -0.44

3 AQXE 5.17% -0.62

4 BATE 4.81% -2.45

5 TRQX 2.84% -1.14

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 13.50 -3.47

2 AQXE 14.92 -2.74

3 CHIX 25.94 -2.07

4 BATE 53.17 +2.81

5 TRQX 56.06 -2.97

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 21.57 -5.63

2 AQXE 43.40 -1.11

3 CHIX 50.46 -2.97

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 25.4 +10.2

2 AQXE 9.6 +1.6

3 CHIX 2.4 +1.1

4 BATE 0.3 +0.1

5 TRQX 0.1 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 431.5 +112.2

2 CHIX 73.0 -2.8

3 AQXE 61.8 -6.0

4 BATE 22.1 -0.2

5 TRQX 16.6 +0.4

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 18.00 -0.62

2 AQXE 9.96 -4.84

3 CHIX 5.81 +0.26

4 BATE 3.13 +0.25

5 TRQX 1.87 +0.84

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 98.37 +4.61

2 AQXE 1.09 -4.17

3 CHIX 0.38 -0.53

4 BATE 0.07 +0.05

5 TRQX 0.00 0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 23: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

INDITEX

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 60.94% -13.75

2 CHIX 15.54% +5.10

3 BATE 9.60% +4.03

4 TRQX 8.47% +3.25

5 AQXE 5.45% +1.38

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.36 +0.18

2 AQXE 6.70 -0.05

3 CHIX 7.27 -0.50

4 BATE 8.45 -1.06

5 TRQX 11.32 -1.89

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 7.66 -0.07

2 AQXE 8.36 -1.45

3 CHIX 9.75 -1.43

4 BATE 12.74 -1.66

5 TRQX 38.65 -4.56

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 260.4 +6.7

2 CHIX 109.7 +19.2

3 AQXE 109.5 +0.3

4 BATE 71.2 +15.2

5 TRQX 22.7 +1.3

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,941.8 +64.6

2 CHIX 680.4 +122.9

3 AQXE 558.0 -51.4

4 BATE 473.3 +92.6

5 TRQX 119.6 -2.4

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 6.34 -3.15

2 AQXE 4.77 -0.71

3 TRQX 3.37 -0.43

4 BATE 1.83 +0.14

5 CHIX 1.35 -1.00

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 32.78 -15.09

2 AQXE 15.06 -1.64

3 CHIX 3.86 -0.57

4 BATE 0.79 +0.02

5 TRQX 0.35 -0.16

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 24: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Mapfre SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.59% -12.16

2 CHIX 8.45% +3.35

3 BATE 7.50% +4.34

4 AQXE 5.02% +2.18

5 TRQX 3.43% +2.29

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 10.51 -1.72

2 AQXE 12.13 -1.15

3 CHIX 17.12 -2.76

4 BATE 36.63 -1.90

5 TRQX 37.79 -5.34

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 19.81 -1.79

2 AQXE 36.03 -1.78

3 CHIX 40.61 -1.87

4 BATE 89.78 -1.51

5 TRQX 99.84 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 37.2 +7.8

2 AQXE 12.2 +1.3

3 CHIX 7.2 +1.5

4 BATE 1.8 +0.9

5 TRQX 0.9 +0.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 425.0 +17.7

2 CHIX 96.4 -3.6

3 AQXE 73.2 -3.5

4 BATE 30.2 +0.4

5 TRQX 25.1 +3.5

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 16.90 -2.48

2 AQXE 7.63 -5.14

3 BATE 2.99 -0.27

4 TRQX 2.66 +0.74

5 CHIX 2.66 -1.43

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 98.32 +1.87

2 AQXE 0.93 -1.31

3 CHIX 0.57 -0.47

4 BATE 0.11 +0.07

5 TRQX 0.00 -0.01

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 25: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

MASMOVIL IBERCOM SA MASMOVIL IBERCOM OR

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 83.34% +6.48

2 CHIX 6.26% -3.77

3 BATE 6.01% -2.68

4 TRQX 2.35% -0.24

5 AQXE 2.04% +0.20

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 10.77 -1.96

2 AQXE 12.05 -3.11

3 CHIX 13.38 -3.13

4 BATE 16.02 -3.73

5 TRQX 24.48 -10.84

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.37 -2.63

2 CHIX 22.65 -4.64

3 AQXE 23.11 -7.01

4 BATE 27.89 -6.86

5 TRQX 41.93 -54.98

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 889.1 +442.0

2 CHIX 57.3 +19.9

3 BATE 54.5 +14.3

4 AQXE 37.0 +11.5

5 TRQX 24.9 +18.9

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 7,191.3 +3,142.3

2 CHIX 331.8 +85.8

3 BATE 270.9 +26.6

4 AQXE 166.5 +27.2

5 TRQX 145.1 +61.5

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 4.88 -5.27

2 TRQX 4.49 +3.02

3 BATE 1.82 +0.83

4 AQXE 1.14 -0.88

5 CHIX 0.74 -1.30

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 56.30 -4.63

2 AQXE 1.19 -0.42

3 CHIX 0.84 -1.82

4 BATE 0.79 -0.43

5 TRQX 0.25 -0.03

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 26: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

MELIA HOTELS INTERNATIONAL SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 85.34% -2.39

2 CHIX 5.40% +0.84

3 AQXE 5.07% +0.49

4 BATE 2.86% +0.48

5 TRQX 1.33% +0.57

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 17.01 -2.74

2 AQXE 18.28 -2.87

3 CHIX 43.42 -0.60

4 TRQX 68.51 -0.43

5 BATE 82.77 +14.78

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 31.31 -3.21

2 AQXE 53.10 -25.46

3 CHIX 63.01 -8.77

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 10.0 +0.2

2 AQXE 5.9 +0.9

3 CHIX 0.3 +0.1

4 BATE 0.0 0.0

5 TRQX 0.0 +0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 244.0 +0.3

2 CHIX 58.6 +4.2

3 AQXE 44.7 +9.4

4 TRQX 13.6 -0.1

5 BATE 12.5 -2.3

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 27.66 -2.19

2 AQXE 20.92 -6.96

3 CHIX 3.68 +0.39

4 BATE 1.00 -1.53

5 TRQX 0.85 +0.42

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 98.07 -0.30

2 AQXE 1.59 +0.47

3 CHIX 0.16 -0.16

4 BATE 0.00 0.00

5 TRQX 0.00 0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 27: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Merlin Properties Socimi SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.99% -2.18

2 CHIX 13.53% +2.72

3 BATE 6.45% +0.47

4 AQXE 3.83% -1.09

5 TRQX 3.20% +0.08

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 12.70 +0.24

2 AQXE 14.26 +0.30

3 CHIX 18.90 -0.30

4 BATE 44.94 +11.46

5 TRQX 46.57 +10.58

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 20.29 +0.87

2 CHIX 34.98 -2.04

3 AQXE 37.67 +8.51

4 BATE 91.25 +6.62

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 28.6 -11.9

2 AQXE 11.0 -7.4

3 CHIX 9.7 -0.4

4 BATE 1.2 -0.9

5 TRQX 0.5 -0.6

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 324.8 -33.4

2 CHIX 122.3 +7.1

3 AQXE 75.6 -31.7

4 BATE 31.0 -3.8

5 TRQX 24.9 -4.2

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 15.36 -0.56

2 AQXE 8.85 +0.57

3 BATE 4.61 +2.76

4 CHIX 4.13 +1.78

5 TRQX 3.06 +1.83

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 94.75 +8.13

2 CHIX 3.25 +1.11

3 AQXE 1.60 -9.23

4 BATE 0.16 +0.08

5 TRQX 0.02 -0.01

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 28: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

ARCELORMITTAL SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 ENXT 65.20% -0.64

2 CHIX 15.09% +0.43

3 XMAD 8.46% -0.33

4 BATE 3.94% +0.04

5 AQXE 3.75% +0.37

6 TRQX 3.56% +0.14

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 AQXE 4.83 -0.87

2 ENXT 4.88 -0.88

3 CHIX 6.39 -1.74

4 XMAD 9.54 -0.93

5 TRQX 15.61 -2.67

6 BATE 15.81 -1.82

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 ENXT 7.46 -0.86

2 CHIX 12.39 -1.78

3 XMAD 14.57 -1.36

4 AQXE 16.15 +0.19

5 TRQX 27.59 -9.46

6 BATE 30.37 -4.76

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 ENXT 248.8 +45.8

2 XMAD 78.1 +15.2

3 CHIX 69.5 +9.0

4 AQXE 45.5 +6.5

5 TRQX 14.9 -0.2

6 BATE 13.6 +1.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 ENXT 1,407.6 +269.1

2 XMAD 644.9 +59.8

3 CHIX 315.0 -9.2

4 TRQX 215.8 +37.6

5 BATE 162.5 +21.7

6 AQXE 123.1 +16.9

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 AQXE 11.94 -7.22

2 ENXT 8.45 -4.44

3 CHIX 3.41 -0.68

4 BATE 0.97 +0.29

5 TRQX 0.50 +0.07

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 ENXT 86.83 -0.16

2 AQXE 7.09 +1.02

3 CHIX 5.94 -0.45

4 TRQX 0.03 -0.06

5 BATE 0.02 -0.31

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 29: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Naturgy Energy Group SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 73.26% -6.42

2 CHIX 10.34% +1.26

3 BATE 6.80% +2.04

4 TRQX 5.34% +2.40

5 AQXE 4.26% +0.71

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.39 -0.92

2 AQXE 7.72 -0.79

3 CHIX 9.98 -0.40

4 TRQX 27.08 +1.58

5 BATE 35.39 +9.16

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 11.55 -0.17

2 AQXE 17.24 -0.70

3 CHIX 18.80 -1.52

4 BATE 66.09 +5.12

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 84.9 -7.6

2 AQXE 34.5 +2.6

3 CHIX 32.7 +4.2

4 BATE 4.5 -0.8

5 TRQX 3.0 -0.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 617.1 -71.4

2 CHIX 228.5 -11.1

3 AQXE 133.5 +0.2

4 BATE 38.3 -14.5

5 TRQX 36.9 -0.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 22.78 -1.08

2 AQXE 10.02 -0.02

3 CHIX 3.40 -0.06

4 BATE 2.43 -0.46

5 TRQX 2.01 -0.02

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 81.24 -5.44

2 AQXE 11.69 +1.83

3 CHIX 6.60 +3.34

4 BATE 0.13 +0.08

5 TRQX 0.05 +0.04

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 30: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

RED ELECTRICA CORPORACION SA RED ELECTRIC

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 81.00% -0.27

2 CHIX 10.57% +0.37

3 BATE 3.80% +0.13

4 AQXE 2.40% -0.07

5 TRQX 2.22% -0.15

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 6.11 -0.05

2 AQXE 6.76 -0.26

3 CHIX 7.18 -0.23

4 TRQX 22.61 +5.82

5 BATE 25.40 +8.71

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 10.37 -0.03

2 CHIX 12.27 -2.41

3 AQXE 14.81 +0.59

4 BATE 59.99 +11.00

5 TRQX 65.11 +9.04

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 105.4 -3.6

2 CHIX 62.4 +13.0

3 AQXE 41.0 -3.7

4 BATE 8.1 -3.6

5 TRQX 6.8 -4.2

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 848.6 -53.1

2 CHIX 309.7 +35.4

3 AQXE 185.2 -12.2

4 TRQX 48.4 -4.7

5 BATE 45.3 -14.7

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 11.78 -0.76

2 AQXE 8.36 -0.05

3 CHIX 4.20 -0.36

4 BATE 3.00 -0.14

5 TRQX 1.87 +0.07

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 58.66 -6.02

2 CHIX 29.84 +13.61

3 AQXE 9.87 -7.72

4 BATE 0.25 -0.07

5 TRQX 0.15 -0.03

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 31: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Repsol YPF SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.06% -3.26

2 CHIX 12.19% +2.11

3 BATE 5.88% +0.30

4 AQXE 3.75% +0.64

5 TRQX 3.11% +0.22

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.44 -0.19

2 AQXE 6.20 +0.19

3 CHIX 7.57 -0.28

4 BATE 9.27 -0.42

5 TRQX 24.08 +8.41

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 9.27 +0.65

2 CHIX 12.56 -0.11

3 AQXE 12.93 +1.02

4 BATE 18.47 +2.36

5 TRQX 71.26 +36.69

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 132.4 -40.9

2 CHIX 63.9 -11.0

3 AQXE 49.0 -12.9

4 BATE 32.9 -17.4

5 TRQX 4.9 -16.4

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,062.1 -237.6

2 CHIX 373.2 -60.1

3 BATE 265.7 -72.9

4 AQXE 214.7 -40.5

5 TRQX 46.8 -94.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.81 +8.86

2 AQXE 11.73 +2.97

3 CHIX 3.77 +1.78

4 BATE 2.91 +2.02

5 TRQX 2.65 +1.36

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 71.38 -1.41

2 AQXE 14.33 -2.07

3 CHIX 13.30 +4.22

4 BATE 0.58 -0.38

5 TRQX 0.02 -0.24

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 32: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Banco de Sabadell SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 84.29% -1.76

2 CHIX 6.67% +0.93

3 BATE 3.96% +1.05

4 AQXE 3.49% -0.50

5 TRQX 1.59% +0.28

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 11.24 -1.45

2 AQXE 12.80 -1.78

3 CHIX 22.02 -3.08

4 TRQX 52.98 +2.55

5 BATE 64.38 +11.81

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 20.18 -2.72

2 CHIX 39.47 -10.88

3 BATE 130.83 -21.83

4 TRQX 245.99 n/a

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 36.1 +7.4

2 AQXE 13.2 +1.2

3 CHIX 6.0 +3.3

4 BATE 0.3 -0.1

5 TRQX 0.2 0.0

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 426.4 +35.6

2 CHIX 115.7 +34.5

3 AQXE 66.4 +19.3

4 TRQX 20.1 +1.8

5 BATE 17.4 -0.5

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 23.69 -3.58

2 AQXE 13.77 -1.39

3 CHIX 0.89 -0.31

4 BATE 0.62 -0.42

5 TRQX 0.07 -0.04

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 96.65 -0.57

2 AQXE 2.47 +0.26

3 CHIX 0.77 +0.44

4 BATE 0.01 0.00

5 TRQX 0.00 0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 33: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Banco Santander SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 76.19% -3.44

2 CHIX 12.08% +2.96

3 BATE 6.03% +0.42

4 TRQX 2.86% +0.10

5 AQXE 2.85% -0.05

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.47 -0.40

2 AQXE 6.11 -0.70

3 CHIX 8.43 -0.88

4 BATE 10.42 -0.28

5 TRQX 22.83 +3.42

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 7.99 -0.48

2 AQXE 9.46 -0.77

3 CHIX 11.58 -1.69

4 BATE 15.41 -0.55

5 TRQX 55.21 +4.87

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 255.1 +21.2

2 AQXE 112.5 +9.7

3 CHIX 100.1 +18.1

4 BATE 56.8 +2.0

5 TRQX 9.2 -2.5

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,836.8 +10.1

2 CHIX 616.8 -13.5

3 AQXE 491.2 -10.5

4 BATE 438.0 -21.6

5 TRQX 69.6 -4.4

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 22.95 -3.59

2 AQXE 13.63 -2.44

3 CHIX 4.83 +1.55

4 BATE 2.41 +0.44

5 TRQX 2.02 -0.18

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 59.68 +0.47

2 AQXE 31.40 -3.00

3 CHIX 5.05 +2.56

4 BATE 0.53 -0.13

5 TRQX 0.04 -0.16

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 34: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Gamesa Corp Tecnologica SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 68.42% -3.62

2 CHIX 12.22% +3.33

3 BATE 7.01% +0.30

4 AQXE 6.69% -0.15

5 TRQX 5.66% +0.14

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 7.45 -1.94

2 AQXE 8.55 -1.74

3 CHIX 12.26 -2.89

4 TRQX 32.46 -2.45

5 BATE 40.48 +11.41

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 12.38 -2.59

2 AQXE 17.89 -4.60

3 CHIX 24.97 -6.46

4 BATE 71.60 -10.67

5 TRQX 102.29 -62.89

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 90.5 +24.5

2 AQXE 35.9 +9.2

3 CHIX 21.9 +8.3

4 BATE 4.3 +0.6

5 TRQX 2.2 +0.6

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 841.0 +178.6

2 CHIX 203.3 +41.4

3 AQXE 126.3 +8.5

4 BATE 38.2 +3.9

5 TRQX 34.1 +8.6

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 20.10 -0.63

2 AQXE 12.85 +0.30

3 CHIX 4.61 +1.46

4 BATE 2.39 -0.45

5 TRQX 1.81 +0.64

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 81.70 -5.84

2 AQXE 14.33 +3.73

3 CHIX 3.20 +1.74

4 BATE 0.24 +0.10

5 TRQX 0.04 +0.03

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 35: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

Telefonica SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 75.59% -9.12

2 CHIX 11.32% +4.49

3 BATE 6.64% +2.83

4 TRQX 3.58% +1.74

5 AQXE 2.87% +0.05

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 5.11 +0.29

2 AQXE 6.13 +0.36

3 CHIX 7.60 -0.56

4 BATE 9.88 +0.16

5 TRQX 19.78 +2.40

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 8.27 +0.31

2 CHIX 11.60 -0.96

3 AQXE 11.88 +1.56

4 BATE 15.56 +0.12

5 TRQX 57.14 +2.07

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 202.5 -11.9

2 CHIX 86.9 +4.1

3 AQXE 67.9 -17.3

4 BATE 53.1 -1.7

5 TRQX 8.9 +0.3

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 1,457.4 +40.2

2 CHIX 563.3 -40.1

3 BATE 430.4 -14.7

4 AQXE 299.5 -59.4

5 TRQX 69.5 +0.3

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 22.04 -4.94

2 AQXE 11.06 -4.53

3 CHIX 4.87 -0.16

4 TRQX 3.69 +0.46

5 BATE 3.19 +1.01

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 73.68 +4.79

2 AQXE 13.91 -11.77

3 CHIX 9.78 +5.45

4 BATE 1.44 +0.91

5 TRQX 0.05 +0.00

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.

Page 36: Mar ke t S h ar e S p r e ad s Book D e p th s Bes t Pr ic es · 4 BAT E 55. 72 + 15.48 5 T R Q X 75. 37 - 3.97 Monthl y Spread Trend Book D e p th s 10BPS Dep th ( t op of b ook)

LiquidMetrix Battlemap for

VISCOFAN SA

Current Period

Comparison Period

01-Jul-2020 to 31-Jul-2020

01-Jun-2020 to 30-Jun-2020

Market Share

Rank Venue Market

Share

Change

1 XMAD 72.97% -2.70

2 CHIX 10.94% +0.49

3 AQXE 7.25% +2.11

4 BATE 5.37% -0.60

5 TRQX 3.47% +0.70

Volume Trend

_________________

Market Share Trend

SpreadsAt touch

Rank Venue Spread

(bps)

Change

1 XMAD 14.71 -2.00

2 AQXE 15.43 -1.61

3 CHIX 20.82 -1.99

4 BATE 36.85 -4.70

5 TRQX 38.23 -6.33

Monthly Spread Trend

_________________

25k EUR deal

Rank Venue Spread

(bps)

Change

1 XMAD 20.93 -2.41

2 CHIX 40.95 -3.65

3 AQXE 41.37 -1.77

4 TRQX 84.49 +2.24

5 BATE 94.08 -14.24

Monthly Spread Trend

Book Depths10BPS Depth (top of book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 42.7 +10.8

2 AQXE 13.6 +1.4

3 CHIX 9.5 +1.6

4 BATE 1.5 -0.3

5 TRQX 0.7 +0.1

Monthly Depth Trend

_________________

50BPS Depth (deeper into book)

Rank Venue Depth (1K

EUR)

Change

1 XMAD 683.6 +204.9

2 CHIX 93.8 +15.4

3 AQXE 65.5 +0.2

4 BATE 32.6 +6.7

5 TRQX 30.7 +6.0

Monthly Depth Trend

Best PricesAt touch

Rank Venue Best Price

(%)

Change

1 XMAD 8.92 -0.04

2 AQXE 5.82 -2.88

3 BATE 4.09 -0.10

4 TRQX 2.92 +1.06

5 CHIX 2.80 -1.32

Best Prices Trend

_________________

25k EUR deal

Rank Venue Best Price

(%)

Change

1 XMAD 94.51 +2.20

2 CHIX 2.86 -1.48

3 AQXE 2.03 -0.13

4 BATE 0.04 -0.35

5 TRQX 0.01 -0.02

Best Prices Trend

Market share is based on on-book

value traded during continuous

trading. The share is calculated by

averaging over all stocks in the

index. The current value shown is for

last week and the change is relative

to the previous week.

Spreads measure the bid to offer

spread of the best visible orders in

the book. The result is averaged

over the stocks in the index and is

based on measurements of the order

books every 30 seconds. The value

for the spread is quoted in basis

points (0.01%).

Market depth measures the amount

of visible liquidity (bids and offers) in

the order book within 10 or 50 BPS

of mid price. The result is averaged

over the stocks in the index and is

based on measurements of the order

book every 30 seconds. This is

quoted in '000s of EUR.

Best Price % measures how often

each venue posts an absolute best

price (no ties) for stocks. The result

is averaged over the stocks in the

index and is based on measurements

of the order book every 5 seconds.