Weekly Highlights

  • We would like to wish everyone a very happy and relaxing Thanksgiving, and a joyous start to the holiday season.

  • In the spirit of the holiday, we thank all our subscribers and supporters as we remain at our platform best 5th for total shares traded of NMS Tier 1 stocks in FINRA ATS weekly rankings (https://otctransparency.finra.org/otctransparency/AtsData).

  • Unique liquidity continues to be the driver. Last week was our best week ever for demi-block trades or larger (starting at 2000 shares or $100k), while orders displayed on our ASPEN^3 market-data feed IQX were priced better than the NBBO over 40% of the time.

  • 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 11/19/21

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

5952

31%

44%

ETF

1000

31%

51%

LARGE CAP

913

33%

36%

MID CAP

1320

31%

34%

OTHER

74

26%

37%

SMALL CAP

2647

31%

28%

Top Symbols

shares matched on the week

ADR

ITUB1,463,522
EDU1,403,245
NIO1,190,781

ETF

XLF1,357,786
VXX755,111
SJNK744,340

Large Cap

F2,322,170
LCID1,835,700
AAPL1,623,085

Smid Cap

PROG2,338,066
SNDL2,247,111
CLOV1,984,783

Trading Information

5-days through 11/19/21

5-days through 11/19/21

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

91

82.4

110

260

6753

Large Cap

89.1

76.9

90

150

850

Smid Cap

91.7

86.1

100

260

3185

ADR

93.7

86.9

140

310

387

ETF

96.5

88.9

150

350

758

Percent Names Traded by Share Group

SMID_CAP 47.7%LARGE_CAP 36.5%ADR 7.2%ETF 4.5%OTHER 4.2%

SMID_CAP

LARGE_CAP

ADR

ETF

OTHER