Liquidity Landscape May 20, 2020

Although Top of Book Liquidity continues to improve, the depth of the book is up to 95% lower than it was in March. The recent tightening of spreads is now reversing; the US is now 73% wider than January averages followed by the UK and Europe at 67% and 63% wider respectively, making the ability to find a natural block all the more compelling in these markets. 

Read the report here

The report has been compiled by Rebecca Healey, Charlotte Decuyper and Lara Jacobs of the Liquidnet Global Market Structure team, Rafik Khelifi from Liquidnet’s Investment Analytics team and Gareth Exton and Joe Fields from Execution & Quantitative Services team.