Why you need Markit BOAT Data™
Markit BOAT™ is the leading supplier of real-time consolidated pan-European OTC equity trading data. Over 22 leading investment firms use Markit BOAT™ to meet their pre-trade quotes and post-trade reporting obligations required by MiFID. These dealers currently comprise an estimated a majority of the daily OTC trading volume in EEA, much of which will be large volume trades that have a significant influence on the direction of the price of a share. Markit BOAT™ will collect, aggregate, validate and distribute this data.
Quite simply, without Markit BOAT™ Data it is impossible to have a comprehensive and accurate view of the European OTC equity market
Who will benefit from Markit BOAT's™ real-time data?
- Trading and sales will have a clearer view of the market and therefore be able to make more informed investment decisions
- Algorithmic traders can incorporate the validated OTC information into their programmatic models, improving the accuracy of trading execution
- Risk management departments can use Markit BOAT™ data for VaR calculations, scenario testing and P&L analysis
- Systematic Internalisers can view and compare their pre-trade quotes to ensure the quality of their pricing
- Compliance and back-office can monitor regulatory and internal compliance and substantiate the firm’s best execution practice as required under MiFID.
It is quick and easy to subscribe
Subscription is per user, meaning you pay just once to receive Markit BOAT Data, irrespective of how many market data screens are used at your desk.
A Markit BOAT Data real-time access is €120 per user per month. Contact your market data vendor to obtain access.
A Markit BOAT Data access, 120 minute delayed, will be available at no charge effective 1st January 2008. Contact your market data vendor to obtain access.
For additional information, please contact Markit BOAT sales or call on +44-20-7260-2424.
