The trading venue
of tomorrow, today

Equiduct is the leading pan-European retail-focused exchange built around the specific needs of the retail community.

What we do

Commission-free pan-European
best execution and high-quality
cost-effective market data

Best execution, commission-free.

Equiduct’s Apex is Europe’s leading, on-exchange retail execution service. The service is underpinned by Equiduct’s proprietary price formation, the VBBO (volume weighted best bid and offer), providing the best possible price from a combination of aggregated pan-European liquidity, and liquidity unique to Equiduct’s Apex service, supported by multiple liquidity providers.

Via Apex, Equiduct provides commission-free trading alongside real time market data with zero retail user fees, expanding cost-effective access to stocks across 13 European markets.

Seamless access to
European liquidity

improved pricing and superior execution results.

High-quality cost-effective pan-European market data products.

Pre and post-trade feeds

Market By Limit

Equiduct’s flaghship market data product.

Market by Limit ( MbL) is a level 2 data product, including aggregated liquidity from the top 10 price levels from relevant European markets, full book depth of Equiduct’s own unique liquidity (pre-trade data) as well as aggregated pan-European time and sales (post-trade data).

CLOB

The CLOB feed delivers pre-and-post-trade data from Equiduct’s Central Limit Order Book (CLOB), offering full book depth and all trades executed on the platform.

Pre-trade feeds

VBBO

The VBBO is a pre-trade data feed providing Equiduct’s calculated and executable Volume-Weighted Best Bid and Offer (VBBO) at specific volume levels based on all liquidity available for a given instrument.

ALP

The ALP feed provides pre-trade transparency for Apex Liquidity Provision (ALP) orders, which are submitted by Liquidity Providers (LPs) to match or improve EBBO prices. This feed enhances visibility into additional liquidity opportunities only available on Apex.

Client Specific

A pre-trade Level 1 feed providing customized EBBO liquidity views exclusively available to members of the Apex service. This feed enables tailored execution strategies and SOR routing.

Comprehensive high quality
Market Data

Access the
Top 10 price levels

with aggregated volume across
relevant European markets

Full order book depth

with full visibility into all
trades across Equiduct

Exceptional transparency

for more informed decisions

Volume-Weighted
Best Bid and Offer

at Standard Market Size
and Retail Market Size

Providing investors
better execution quality

Enhanced liquidity
and improved pricing

for retail investors

Optimize Execution
Strategies and
SOR routing

with Broker-Specific Liquidity at the EBBO

Liquidity at the EBBO

Market Activity

Real-time market

Get real-time market information, live trading data, and the latest updates from Equiduct markets. Stay informed and ahead of the trends.

Market Viewer

Equiduct’s proprietary tool for real-time market data. Monitor liquidity, track trading activity, and replay market conditions to evaluate execution quality—all in one place.

Market Notices

Access all the official updates and changes to Equiduct’s services, ensuring full transparency on the latest regulatory notices, operational updates, and service enhancements.