Weekly Highlights

  • March remains on pace to be our best month ever for daily matched shares, beating our next best month by more than 13%.

  • This is driven by the unique liquidity on our displayed market-data feed, IQX.

  • Month to date, over 50% of all orders displayed on IQX arrive priced better than NBBO for an average spread savings of around 29%.

  • More than 83% of our displayed orders are round lot or larger. They have an average resting time of over 4 seconds with at least 60% resting 500ms or longer versus only 16% for market quotes in the same names.

  • 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 03/18/22

Unique Names Per Day

Displayed Order Better Than NBBO %

Avg Spread Improvement %

Total

6887

28%

49%

ETF

1213

29%

58%

LARGE CAP

866

26%

41%

MID CAP

1275

30%

32%

OTHER

100

34%

22%

SMALL CAP

3434

31%

28%

Top Symbols

shares matched on the week

ADR

DIDI3,654,521
RLX3,079,105
EDU2,839,653

ETF

EEM3,505,782
XLF2,310,407
FXI1,727,049

Large Cap

AMD2,311,909
GRAB1,955,134
F1,856,916

Smid Cap

MULN4,739,777
SOFI2,224,546
TLRY1,936,848

Trading Information

5-days through 03/18/22

5-days through 03/18/22

Quote Stability @ 20ms

Quote Stability @ 500ms

Average Trade Size

Average Order Size

Active Traded Names

Total

91.5

79.6

100

240

6798

Smid Cap

93.5

87.1

100

240

4702

Large Cap

87.7

68.1

90

140

777

ETF

94.8

81.1

180

310

766

ADR

94.2

83.7

150

390

377

Percent Names Traded by Share Group

SMID_CAP 43.7%LARGE_CAP 38.0%ADR 9.6%ETF 4.5%OTHER 4.2%

SMID_CAP

LARGE_CAP

ADR

ETF

OTHER