Weekly Highlights
March continues to be our strongest month for daily matched shares across the platform, but it is also our best month for matching in sizes of demi-block or larger (starting at 2000 shares).
This month also remains our best month for daily count of round-lot orders priced better than the NBBO on our display feed, IQX, even as spreads have remained widened from Q4-2021 levels.
While we have seen shorter NBBO quote lives and shorter order resting times on our ATS in response to recent volatility, IntelligentCross round-lot displayed orders still have an average resting time of more than four seconds.
That resting time is still more than enough for more than one million SIP trades to happen at prices worse than what Intelligent Cross was showing on IQX daily.
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 03/25/22
Unique Names Per Day | Displayed Order Better Than NBBO % | Avg Spread Improvement % | |
|---|---|---|---|
Total | 6861 | 46.1% | 28.7% |
ETF | 1194 | 55.6% | 28.5% |
LARGE CAP | 877 | 38.3% | 27.9% |
MID CAP | 1262 | 30.8% | 31.4% |
OTHER | 106 | 29.5% | 31.0% |
SMALL CAP | 3423 | 26.7% | 31.8% |
Top Symbols
ADR
| BBD | 1,825,444 |
| ITUB | 1,810,259 |
| NIO | 1,684,769 |
ETF
| EEM | 1,951,810 |
| XLF | 1,501,541 |
| UVXY | 802,244 |
Large Cap
| AMD | 2,513,783 |
| F | 1,812,288 |
| T | 1,694,192 |
Smid Cap
| MULN | 3,419,836 |
| SNDL | 2,898,048 |
| IMPP | 2,032,211 |
Trading Information
5-days through 03/25/22
5-days through 03/25/22 | Quote Stability @ 20ms | Quote Stability @ 500ms | Average Trade Size | Average Order Size | Active Traded Names |
|---|---|---|---|---|---|
Total | 91.7 | 80.6 | 90 | 240 | 6633 |
Smid Cap | 93.6 | 87.7 | 90 | 250 | 4602 |
Large Cap | 88.6 | 70.7 | 70 | 130 | 794 |
ETF | 95 | 83.5 | 180 | 300 | 702 |
ADR | 94.1 | 85.7 | 140 | 310 | 375 |
Percent Names Traded by Share Group
SMID_CAP
LARGE_CAP
ADR
OTHER
ETF