6.III.1 Coverage

The coverage of post-trade information refers to three aspects. One aspect is the specificity of the market (aspect 1). Market specific post-trade data includes, for example, all shares of the so-called FTSE 100.1 A second aspect is whether or not post-trade information is consolidated across multiple venues. For example, post-trade data can only include trade reports of one venue (e.g. the London Stock Exchange) or multiple venues, such as of the London Stock Exchange and Euronext Amsterdam. Finally, post-trade information can be consolidated in different ways for one venue (so-called ‘product coverage’). An example includes where all shares traded on a given venue are included (consolidated) in the post-trade information.2