Last week, IntelligentCross had a top 5-week for the platform across many metrics, including daily matched shares and number of unique names ordered.
Digging deeper, the data show IntelligentCross provided sizable stability and spread savings during market stress - when urgency matters.
For example, while VIX rose over 15% from its 2/25 close, last week IntelligentCross had top-5 weeks for the platform in matches of demi-blocks and larger (starting at 2000 shares) and IOC utilization.
We also saw round-lot or larger orders posted on our free displayed market data feed, IQX, priced better than the NBBO on arrival over 10mm times per day.
Please contact the desk for more information on getting IQX - it's available directly or through Exegy, MayStreet, Redline, and ACTIV.
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
---|---|---|---|
Total | 6846 | 28.5% | 47.0% |
ETF | 1167 | 30.0% | 53.4% |
LARGE CAP | 870 | 25.0% | 41.6% |
MID CAP | 1250 | 28.8% | 32.1% |
OTHER | 126 | 48.6% | 13.1% |
SMALL CAP | 3436 | 28.8% | 29.5% |
PBR | 2,409,961 |
VALE | 1,772,781 |
VEON | 1,745,946 |
XLF | 2,151,336 |
EEM | 2,102,299 |
UVXY | 1,797,875 |
GRAB | 5,528,591 |
F | 2,964,248 |
AMD | 2,737,523 |
MULN | 2,874,446 |
TNXP | 2,709,010 |
SOFI | 1,961,224 |
5-days through 03/04/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
---|---|---|---|---|---|
Total | 90.5 | 77.2 | 100 | 240 | 6590 |
Smid Cap | 92.8 | 85.6 | 100 | 250 | 4545 |
Large Cap | 86.5 | 65.6 | 90 | 140 | 780 |
ETF | 93.8 | 78.1 | 170 | 320 | 755 |
ADR | 94.9 | 86.2 | 160 | 320 | 361 |
SMID_CAP
LARGE_CAP
ADR
ETF
OTHER