Weekly Highlights
January 2022 was our best month ever for daily matched shares on the platform. This was our 7th month in a row setting new daily records.
It was also our first month breaking 70bps market share, single counted, versus total consolidated volume.
Over one-quarter of our customers saw hit-rates of 10% or higher during January across Midpoint and ASPEN. 30% of our subscribers experienced ASPN IOC hit-rates of at least 20%.
Liquidity continues to be driven by orders displayed on our market data feed IQX, where we saw orders priced better than the NBBO on arrival over 12mm times per day.
Over 95% of displayed orders priced better than the NBBO were median trade size or larger and almost 80% were round-lots.
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 02/04/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 6647 | 27.8% | 45.1% |
ETF | 1124 | 28.9% | 54.1% |
LARGE CAP | 878 | 26.1% | 39.6% |
MID CAP | 1230 | 27.2% | 31.7% |
OTHER | 197 | 40.1% | 40.9% |
SMALL CAP | 3220 | 27.2% | 28.6% |
Top Symbols
ADR
| ITUB | 1,417,025 |
| NIO | 1,398,092 |
| PBR | 1,219,893 |
ETF
| UVXY | 2,136,739 |
| VXX | 1,947,881 |
| QQQ | 1,618,634 |
Large Cap
| F | 3,353,765 |
| AMD | 3,147,028 |
| SNAP | 2,891,399 |
Smid Cap
| SNDL | 1,704,124 |
| AMC | 1,600,822 |
| SOFI | 1,319,375 |
Trading Information
5-days through 02/04/22
5-days through 02/04/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 89.2 | 76.3 | 100 | 230 | 6563 |
Smid Cap | 91.2 | 84.5 | 90 | 220 | 4397 |
Large Cap | 86.2 | 67.3 | 80 | 140 | 822 |
ETF | 93.1 | 77.6 | 180 | 290 | 728 |
ADR | 94.2 | 87.1 | 130 | 350 | 371 |
Percent Names Traded by Share Group
LARGE_CAP
SMID_CAP
ADR
ETF
OTHER