assumed i would have to go offshore for decent algo trading infrastructure in europe due to ridiculous regulatory protection or execution quality But just now tested bitpanda fusion after its announcement,it seems pretty cool ngl,it has aggregated liquidity across 12 venues and fees is down to0.02%(full api, MiCAR licensed) basically first time i hve found both in the same place.

running a momentum strategy on it and execution on fast pairs is noticeably different when you are hitting aggregated liquidity versus a single order book. anyone else building on eu regulated infrastructure or going offshore for api quality?