Societe Generale Corporate & Investment Banking (SG CIB) has selected big xyt’s Liquidity Cockpit.
Liquidity Cockpit capabilities include a view across European trading venue activities with on-exchange and off-exchange liquidity, including over-the-counter equities and systematic internaliser (SI) transactions.
The big xyt Liquidity Cockpit provides SG CIB, and its clients, with an analysis of granular tick data and an overview of market share across European venues.
The interactive dashboards deliver market quality metrics, including spread analytics, market impact and presence.
The Liquidity Cockpit keeps track of changes in trade conditions or execution venues, including SIs, and applies custom measures such as large-in-scale classified trades, as well as predicting the impact of double volume caps.
Richard Hills, global co-head of cash equity execution, in prime services at SG CIB, commented: “With big xyt’s web-based Liquidity Cockpit we are able to easily discover and monitor changes within the liquidity landscape and analyse the market quality of new and established venues. This insight contributes to our leading market position.”
He added: “The big xyt team have been very responsive to our requirements and we look forward to continuing to work with them as the market landscape evolves.”
Robin Mess, CEO at big xyt, said: “We are delighted Societe Generale CIB, a leading market participant who place innovation and digital technology at the heart of their business, has chosen big xyt to provide them with an independent, consolidated view of pan-European trading activity.”
He added: “The growth of our client community continues to demonstrate how Liquidity Cockpit has become an essential tool in helping users quickly understand the dynamics of fragmented markets and thus optimise trading and execution performance.”
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