Click here to download TOM’s June ‘14 Insight, a document describing matching statistics on TOM MTF and savings made for retail clients by TOM Smart Execution.
Equity orders
As of 18 June 2014 TOM Smart Execution connected to BATS Chi-X Europe, adding a third venue to find best execution prices for equity orders. This month, 9,62% of the directly executable equity orders was executed on TOM MTF at a better price compared to Euronext and BATS Chi-X Europe. These trades saved on average EUR 4.97 per executed retail order.
Derivative orders
This month, 20.6% of the directly executable derivatives orders was executed on TOM MTF at a better price compared to Euronext. These trades saved on average EUR 13.48 per executed retail order.