Weekly Highlights

  • IntelligentCross closed 2021 with our best month ever, setting platform records for daily match-quantity and market share vs. the total consolidated volume (TCV).

  • We also saw a new record specifically for daily match-quantity from displayed orders on our market data feed, IQX.

  • In December, orders displayed on IQX improved the NBBO on arrival over 8mm times a day with a spread savings of around 30%. IQX orders are median trade size or larger over 95% 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 12/31/21

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6203

29%

42%

ETF

1056

30%

53%

LARGE CAP

921

28%

40%

MID CAP

1282

28%

34%

OTHER

50

36%

22%

SMALL CAP

2896

29%

28%

Top Symbols

shares matched on the week

ADR

DIDI1,225,486
NIO1,193,791
EDU1,107,795

ETF

EEM968,292
PFF859,268
XLF810,177

Large Cap

T1,592,213
F1,353,192
AMD1,077,997

Smid Cap

CPOP1,465,778
SNDL1,397,683
FCEL1,051,482

Trading Information

5-days through 12/31/21

5-days through 12/31/21

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

91.6

83.5

90

220

6715

Large Cap

89.7

77.4

70

140

835

Smid Cap

92.2

87.3

90

210

3090

ADR

94

88

130

290

399

ETF

96.3

88.5

150

280

736

Percent Names Traded by Share Group

SMID_CAP 48.5%LARGE_CAP 34.3%ADR 7.6%ETF 5.4%OTHER 4.2%

SMID_CAP

LARGE_CAP

ADR

ETF

OTHER