Independent intelligence for the ETF market.

Across every venue. Every protocol. Every market participant.

ETF trading fragments across primary exchanges, MTFs, RFQ platforms, regional exchanges, and off-book activity - in Europe and beyond. Most participants only see part of the picture. xyt gives the ETF ecosystem the complete, independent view.

Trusted by 4 of the 5 largest European ETF issuers, leading market makers, exchanges, and buy-side firms.

Request a Demo Find Your Audience Page
xyt DATA ETFISSUERS MARKETMAKERS EXCHANGES BUYSIDE BROKERS

xyt is the independent analytics platform that helps the ETF ecosystem measure, improve, and prove secondary market quality - across every venue, every trading protocol, and every market participant.

What You Get

Four outcomes that apply across the ETF ecosystem.

Each grounded in the same independent dataset. Pick your audience page below for the specifics that match your role.

Outcome 01

See the full ETF market.

One normalised view of every venue, mechanism, and trading protocol - including the RFQ activity, regional exchanges, and off-book prints that single-venue feeds miss. Decisions stop being made on partial pictures.

Outcome 02

Have the same conversation as your counterparties.

When issuers, MMs, exchanges, brokers, and buy-side firms reference the same independent dataset, methodology debates end. Every conversation - mandate, quarterly review, regulator dialogue, client report - starts from common ground.

Outcome 03

Defend every decision with evidence.

Back routing, pricing, listing, programme, and execution decisions with audit-ready data that survives committee, compliance, and regulator scrutiny - not internal numbers that invite questions.

Outcome 04

Move faster, with less cost.

Replace internal data plumbing with a normalised, cross-venue tape that drops into existing workflows. Quants focus on strategy; non-quant teams get the same high-quality information without building it themselves.

Find Your Page

Five audiences. One dataset.

Each page is framed for the decisions and conversations you actually run - grounded in the same independent data.

01

ETF Issuers

You're in capital markets, distribution, or product. You manage liquidity across venues, oversee market makers, and communicate execution quality.

View page

02

Buy-Side Traders

You're a Head of Trading or execution desk. You decide mechanism, time orders, and defend best execution to your committee.

View page

03

ETF Brokers

You route ETF flow and quote to clients. You need independent benchmarks for execution quality.

View page

04

Market Makers

You're on an ETF MM desk. You track obligations, benchmark competitive position, and price baskets across venues.

View page

05

Exchanges

You work in market structure, listings, or member sales. You benchmark venue quality and support listing conversations with data.

View page

Why xyt

The three things that make the outcomes possible.

Coverage, quality, and integration - each underpins what you can actually do with the data.

Complete ETF coverage, global reach.

Meaningful ETF liquidity often exists outside a fund's primary listing venue - on regional exchanges, RFQ platforms, and off-book. Coverage you can act on means seeing all of it on the same normalised basis. xyt's tape spans Europe in the deepest detail and extends across global ETF markets.

  • Primary exchanges and MTFs
  • RFQ platforms
  • German regional exchanges
  • On-book and off-book activity
  • Global markets - US, APAC, Canada, Mexico

Independent, trusted analytics.

xyt normalises fragmented ETF market data -across European venues in the deepest detail and across global markets - so the numbers survive scrutiny by clients, compliance, and regulators. Trusted by leading ETF issuers, banks, exchanges, and market participants.

  • Trade correction handling
  • Late-reported trade adjustments
  • Venue harmonisation
  • RFQ activity capture
  • Regional exchange data

Flexible integration.

Analytics that fit how your team works. Dashboards for analysts, API depth for quants, scheduled reports for stakeholders, automated alerts for ops, and natural-language query for fast questions across the full tape. Every AI answer is cited and traceable back to the underlying tick. Production-ready, not a research project.

  • UI dashboards
  • Python API
  • SFTP / CSV delivery
  • Scheduled reports
  • Automated alerts
  • Natural-language query, cited to source
"

The Methodology Test

The same data quality the most methodologically demanding firms build internally - without the dedicated research team.

When firms most exacting about market structure data validate the methodology as best-in-class, methodology debates end. xyt's normalisation - trade-correction handling, late-reported adjustments, RFQ and regional venue capture - turns raw venue feeds into numbers that survive scrutiny. The reason 4 of the 5 largest European ETF issuers use xyt isn't a coincidence; it's what the methodology earns.

A Daily Snapshot

What the dataset covers - every session.

European ETF activity, refreshed daily, normalised across venues.

€16.73B
Total addressable
ETF volume / day
€868.7M
ETF retail flow
volume / day

Across 120+ venues - primary exchanges, MTFs, RFQ platforms, regional exchanges, and off-book.

Start Where You Work

Pick the page that matches your role.

Or request a demo and we'll walk through the data already shaping decisions across the ETF ecosystem.

Request a Demo