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.
Unique Names Per Day
Displayed Order Better Than NBBO %
Avg Spread Improvement %
5-days through 03/25/22
Quote Stability @ 20ms
Quote Stability @ 500ms
Average Trade Size
Average Order Size
Active Traded Names