Weekly Highlights
IntelligentCross remained in the top 5 for total shares traded in both NMS Tier 1 and 2 names according to the most recent FINRA ATS statistics.
Last week was our best week ever for daily matched shares in Midpoint, and our top week for the number of active names ordered across the platform. It was our second best week for the number of times that orders on our displayed IQX feed arrived with prices superior to the NBBO, averaging more than 14 million per day.
Median spreads across all names have risen more than 13% since the beginning of the year, increasing the value of savings from intra-spread and midpoint liquidity. IntelligentCross continues to see intra-spread activity grow even during these periods of market stress.
Please contact the desk for more information on getting IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Displayed Quote Stats
4-days through 02/25/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 7018 | 28.4% | 46.5% |
ETF | 1149 | 29.9% | 52.5% |
LARGE CAP | 847 | 24.7% | 41.1% |
MID CAP | 1262 | 28.6% | 31.7% |
OTHER | 221 | 48.5% | 13.5% |
SMALL CAP | 3541 | 29.1% | 30.2% |
Top Symbols
ADR
| VALE | 1,212,793 |
| BP | 1,144,324 |
| VEON | 1,025,848 |
ETF
| EEM | 2,080,898 |
| UVXY | 1,925,997 |
| XLF | 1,719,671 |
Large Cap
| PLTR | 2,604,112 |
| AMD | 2,409,957 |
| GRAB | 2,316,872 |
Smid Cap
| SOFI | 1,183,019 |
| CEI | 1,176,729 |
| OPEN | 1,128,727 |
Trading Information
4-days through 02/25/22
4-days through 02/25/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 89.6 | 74.8 | 100 | 250 | 6516 |
Smid Cap | 92 | 84.1 | 100 | 250 | 4481 |
Large Cap | 85.4 | 62.3 | 90 | 140 | 772 |
ETF | 92.4 | 73.4 | 170 | 350 | 754 |
ADR | 94.8 | 85.6 | 140 | 330 | 370 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
ETF
OTHER