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 | 29.0% | 42.4% |
ETF | 1056 | 30.3% | 52.8% |
LARGE CAP | 921 | 27.8% | 39.8% |
MID CAP | 1282 | 28.2% | 33.9% |
OTHER | 50 | 36.2% | 21.8% |
SMALL CAP | 2896 | 28.6% | 27.9% |
Top Symbols
ADR
| DIDI | 1,225,486 |
| NIO | 1,193,791 |
| EDU | 1,107,795 |
ETF
| EEM | 968,292 |
| PFF | 859,268 |
| XLF | 810,177 |
Large Cap
| T | 1,592,213 |
| F | 1,353,192 |
| AMD | 1,077,997 |
Smid Cap
| CPOP | 1,465,778 |
| SNDL | 1,397,683 |
| FCEL | 1,051,482 |
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
LARGE_CAP
ADR
ETF
OTHER