As announced in Market Data Notice #12-04, Direct Edge® will introduce a new, innovative data product that provides unique insight into trading opportunities on EDGA Exchange, Inc. (EDGA®) and EDGX Exchange, Inc. (EDGX®) called the Edge Routed Liquidity ReportSM. The Edge Routed Liquidity Report will launch on Monday, October 1, 2012.
The Edge Routed Liquidity Report contains proprietary exchange data that includes the quantity of shares routed away from our exchanges 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 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 reports in order to assess the content of the report.
More Information
- Refer to the Edge Routed Liquidity Report page on the Direct Edge website.
- Request access to sample data.