API and FTP delivery of the data
BMLL Data Feed

Order Message and Placement

Use the most granular Level 3 historical ‘market dynamic’ datasets available to identify critical market characteristics during venue selection processes.

Buy-side — evaluate how your orders are interacting with the true available liquidity

Sell-side — optimise smart order routing decisions and client communications by understanding individual venue and order book characteristics

Exchanges — assess performance of your liquidity providers with in-depth Level 3 order behaviour analysis

What’s Included:

  • Resting time of orders per venue
  • Granular order fill rates and partial fill rates per venue
  • Cross market Insert/Delete/Executed/Modify/Replace message statistics


BMLL metrics are derived from every single insert, modify, execute or delete order message across every venue, available at daily and intraday resolution.

Contact us to produce custom Level 3 data bundles to fit your specific needs.