TOM MTF offers professional market participants, such as banks, brokers and market makers, access to high speed trading in liquid shares against appealing rates.
Investors used to have little say about the execution of their orders in financial instruments. MiFID changed that. MiFID promotes cross border competition between exchanges and investment firms, better price discovery and investor protection. This has led to a change in the financial landscape, where the last couple of years, new exchanges (Regulated Markets - RM - and Multilateral Trading Facilities - MTF) have been founded and smart order routers developed. TOM seized these opportunities to start TOM MTF (exchange).
TOM MTF facilitates open orderbook trading in both cash equities and derivatives. An overview of all tradable products is shown here. TOM MTF currently offers trading in Dutch, Belgian and French shares. In addition TOM MTF offers trading in derivative products based on some of the underlying shares as well as index options and futures. Finally TOM MTF offers trading in a selection of ETFs.
TOM MTF is an open trading platform, implying that orders are not bilaterally directed but matched in the TOM orderbook based on price-time priority. Powered by Nasdaq OMX technology, TOM MTF enables members to execute transactions in a fast and cost-effective manner. TOM offers easy access to both segments of TOM MTF as trading in equities and derivatives is offered on the same technology platform.
Susquehanna International Securities, Ltd. (SIS), a member of the Susquehanna International Group of Companies (SIG), a leading global trading firm in financial products, has signed a market maker agreement with TOM MTF. READ MORE +