Weekly Highlights

  • Last week IntelligentCross had its highest market-share day ever vs the total consolidated volume. This was supported by the platform's best week for demi-block or larger trades (starting at 2000 shares or $100k).

  • Market-share growth has propelled us into the top 5 for total shares traded of NMS Tier 1 stocks in FINRA ATS rankings for 2 of the last 4 weeks (https://otctransparency.finra.org/otctransparency/AtsData).

  • Orders displayed on our ASPEN^3 market-data feed, IQX, continue to provide unique liquidity for subscribers. Last week we saw displayed orders in over 5900 names daily. These displayed orders were priced better than the NBBO over 7.8mm times per day on arrival.

  • 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 11/12/21

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

5949

30%

43%

ETF

977

30%

50%

LARGE CAP

939

32%

37%

MID CAP

1341

30%

34%

OTHER

70

27%

34%

SMALL CAP

2624

30%

28%

Top Symbols

shares matched on the week

ADR

EDU1,680,738
NIO1,331,070
VALE1,185,462

ETF

XLF1,310,779
VXX1,210,555
HYG1,024,736

Large Cap

F3,799,798
PLTR1,910,571
UBER1,617,773

Smid Cap

ZNGA2,256,996
PSFE1,603,953
PPSI1,536,163

Trading Information

5-days through 11/12/21

5-days through 11/12/21

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

90.5

81.3

110

240

6702

Large Cap

88.7

76

90

140

845

Smid Cap

91

85.2

100

230

3183

ADR

93.3

85.7

140

310

388

ETF

95.8

86.8

160

330

750

Percent Names Traded by Share Group

SMID_CAP 48.4%LARGE_CAP 36.0%ADR 7.1%ETF 4.9%OTHER 3.6%

SMID_CAP

LARGE_CAP

ADR

ETF

OTHER