Weekly Highlights

  • Last week we set new records for market share vs. total consolidated volume, rising above 80bps for the first time ever and averaging over 75bps for the week.

  • Orders displayed on our free market data feed, IQX, continue to drive value for our subscribers. Displayed round-lot orders are priced better than the NBBO over 8.5mm times per day across more than 5700 names.

  • Last week we saw more than 1.2mm trades per day outside of our platform happening at prices worse than what was displayed on ASPEN^3. Roughly 65% of our displayed orders rest at or longer than the median quote duration in a name.

  • 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 02/11/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6611

28%

43%

ETF

1127

29%

50%

LARGE CAP

889

26%

39%

MID CAP

1262

28%

31%

OTHER

184

39%

25%

SMALL CAP

3151

28%

28%

Top Symbols

shares matched on the week

ADR

ITUB2,745,083
VALE2,294,251
BBD2,140,832

ETF

UVXY2,802,512
VXX2,067,896
XLF1,846,651

Large Cap

F2,948,608
AMD2,809,660
UBER2,577,010

Smid Cap

AMC1,662,104
SNDL1,647,550
COTY1,394,263

Trading Information

5-days through 02/11/22

5-days through 02/11/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

89.9

76.9

100

230

6466

Smid Cap

91.8

84.6

100

220

4315

Large Cap

86.8

68.2

80

140

838

ETF

93.4

77.9

180

310

708

ADR

94.6

86.1

140

290

371

Percent Names Traded by Share Group

LARGE_CAP 44.0%SMID_CAP 39.3%ADR 6.8%ETF 5.5%OTHER 4.4%

LARGE_CAP

SMID_CAP

ADR

ETF

OTHER