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As index volatility stays quiet, single-stock dispersion reshapes options trading.
By Jake Harmon
29 Jul 2026
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Retail investors now account for a significant share of trading activity in European equities. Yet traditional market data does not separate retail from institutional flows. This leaves a critical blind spot in strategy design, backtesting, and execution.
Equiduct, Europe’s leading retail-focused exchange, provides the most comprehensive view of genuine retail equities activity. Through our partnership, TraditionData now delivers this unique dataset as part of our broader alternative data suite.
Every trade reflects genuine retail activity, free from institutional distortion.
Aggressor/passive role labelling, broker participation counts, and net retail flows reveal how investors drive order book dynamics.
10+ years of retail equities data for robust backtesting across multiple market regimes. This long horizon helps test whether signals are stable in calm markets as well as during volatility shocks.
Layer retail pressure data into existing models to identify continuation or reversal patterns around earnings, news, and macro events.
Test signals across more than a decade of history, validating robustness across regimes and stress events.
Optimise routing logic with insights into where and when retail flow provides or removes liquidity.
Analyse retail behaviour around corporate actions, index changes, and macro shocks.
Equiduct is a pan-European exchange built specifically around the needs of the retail investment community. Founded in 2009, it helps brokers and their clients achieve Best Execution by overcoming market fragmentation and accessing pan-European liquidity through a single connection.
Equiduct is a market segment of Börse Berlin and operates under Article 44 of MiFID II. It is regulated by the Berlin Senate Department for Economics, Energy and Public Enterprises – Exchange Supervisory Authority.
Equiduct operates across the following 13 European markets: Belgium, Denmark, Finland, France, Germany, Italy, Norway, Portugal, Spain, Sweden, Switzerland, The Netherlands, UK.
Subscribers receive daily CSV files via SFTP.
Yes, please contact us to request sample files.
+10 years of history is available.
Equiduct offers three differentiated retail data products. From enriched order flow detail to aggregated activity summaries, available separately or in combination. Please contact us to find out more.
Ready to redefine your strategies and discover alpha with European retail equities data? Request a brochure, begin a trial or contact us for more information.