Direct Edge® is pleased to introduce the Edge Routed Liquidity ReportSM, a new, innovative data product that provides unique insight into trading opportunities on our exchanges. The new product is anticipated to launch by the end of September 2012 as per the Exchanges' filings with the Securities and Exchange Commission.
The Edge Routed Liquidity Report contains proprietary exchange data that includes the quantity of shares routed away from EDGA Exchange, Inc. (EDGA®) and EDGX Exchange, Inc. (EDGX®) on an order-by-order basis. Subscribers can use this data to optimize their trading strategies by identifying missed opportunities on EDGA and EDGX.
The report will be available as a file via the Direct Edge secure FTP site on a T+1 basis and will offer historical routed data dating back to January 2012.
Subscription Options
There are two subscription options for the Edge Routed Liquidity Report for each exchange — Standard and Premium.
- Standard Report – provides subscribers with a view of all marketable orders that are routed from each exchange.
- Premium Report – includes all the data in the Standard Report and also highlights orders routed to “lit” markets as well as orders routed to dark pools.
Try it for Free!
Upon request, Direct Edge will provide access to a sample Edge Routed Liquidity Report file that contains one week of data for EDGA and EDGX. Potential subscribers can request access to either the Standard or Premium report in order to assess the content of the report.
More Information
- Refer to the Edge Routed Liquidity Report webpage.
- To learn more about how you can identify missed trading opportunities with the Edge Routed Liquidity Report, contact the Direct Edge Sales Team at 201.942.8259.
- To request access to sample data or to subscribe, contact Direct Edge Member Services at 201.942.8220, option #3.