Weekly Highlights
Last week was IntelligentCross' best week ever. We achieved new records in platform market share vs. the total consolidated volume and in daily matched shares.
Part of our growth is coming from an increase in larger size transactions. Last week was the platform's second-best week for trades considered demi-blocks or larger (i.e., above 2000 shares or $100k).
Overall, ASPEN^3 continues to be the driver, setting a record for average daily shares matched for the 9th week in a row.
This is due to our unique displayed liquidity. Last week, orders displayed on our IQX market data feed were median trade or larger 95% of the time and priced better than the NBBO 40% of the time on arrival for a spread savings of 30%.
Please contact the desk for more information on getting IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Displayed Quote Stats
5-days through 11/05/21
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 5919 | 30.1% | 40.4% |
ETF | 972 | 29.3% | 48.1% |
LARGE CAP | 940 | 32.3% | 34.7% |
MID CAP | 1338 | 29.4% | 33.2% |
OTHER | 74 | 27.2% | 38.2% |
SMALL CAP | 2596 | 28.4% | 26.4% |
Top Symbols
ADR
| ITUB | 1,775,336 |
| VALE | 1,499,771 |
| NIO | 1,269,748 |
ETF
| XLF | 1,390,280 |
| VXX | 1,030,923 |
| FXI | 956,389 |
Large Cap
| F | 3,037,221 |
| PFE | 2,352,697 |
| UBER | 1,943,183 |
Smid Cap
| OCGN | 1,849,472 |
| QRTEA | 1,310,325 |
| PTPI | 1,176,596 |
Trading Information
5-days through 11/05/21
5-days through 11/05/21 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 90.8 | 81.4 | 100 | 250 | 6600 |
Large Cap | 89.3 | 76.7 | 90 | 150 | 861 |
Smid Cap | 91.1 | 84.7 | 100 | 230 | 3140 |
ETF | 96.3 | 87.5 | 150 | 360 | 747 |
ADR | 93.6 | 86.9 | 140 | 290 | 386 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
ETF
OTHER