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Plato Partnership to provide access to BMLL data platform under European Market Structure Research Network

First Published 14th September 2017

Initiative aims to combine the expertise of academia and the practical knowledge bank of market participants on both the buy and sell side

Mike Bellaro, Plato Partnership

Mike Bellaro, Plato Partnership

Plato Partnership is to enter into a partnership with BMLL Technologies to provide access for researchers to the BMLL platform. The partnership is part of its intended cooperation with Imperial College London to establish and lead a European Market Structure Research Network.

The BMLL platform will enable selected academics to access standardised historical granular limit order book data of global trading exchanges and venues. The access to unique data for academics to undertake empirical research on unique problems aims to attract highly respected academics; whilst at the same time providing said academics with a data resource that could greatly enhance their research capabilities.

Combining the resources of market participants, access to unique datasets and the research capabilities of academics allows for independent analysis of market structure key topics and issues. It is expected the research analysis around this data will provide the foundation for a number of leading conferences and high-level industry roundtables to identify and promote appropriate market structures for the benefit of all market participants.

Mike Bellaro, Plato Partnership Co-Chair, said: "Our ambitions for Plato Partnership and the European Market Structure Research Network are truly international, and access to unique data for academics is a crucial cornerstone for our plan to improve market functionality worldwide. Enhancing the future of our industry is the key driving factor in our development of this network, and our ability to offer academics access to the data will be a great step forward in furthering change and improvement in the sector."